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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

What kind of income do you think is comfortably needed for a family of 2 adults and 2 children?

128 replies

oneandmaybedone · 16/06/2024 17:41

I’m interested to know people’s thoughts, I understand people get by in a variety of situations and it is subjective. (By ‘comfortable’ I mean, appropriate housing, two cars, afford maybe one holiday a year, no worries about putting food on the table and I don’t know- spare change lying about for the ice cream van).

Would you consider having one child if it meant you were able to work less hours, retire earlier and go on more days out/holidays? (Both UK and abroad)

I know you can’t put a price on family support, which is what is keeping us considering a second child in several years time. I always wanted a huge family as we have so much love to give but it’s balancing that with what you can manage, I think?

We both work and have decently paid jobs, probably each earn the UK average which I understand is maybe unusual for MN. It’s unlikely to be higher than this as we are both in sectors where wages stagnate, and we love what we do.

Looking objectively at our finances- what with the cost of childcare, managing on reduced income over maternity leave, housing, holidays and days out… it seems clear we would be able to provide better for one child rather than having multiple. I’m not talking private education or 14 night holidays in the Med. If we had two they would likely need to always share a room, we’d both have to work more hours whereas with one I can comfortably go back to work 4 days a week. Holidays would be few and far between if we got to go on any at all. Any savings we manage for DD would be split between her and second DC.

Some older relatives have told me I’m overthinking, finances change, and you just ‘make it work’. I think that’s quite an outdated view in 2024 - but AIBU?

OP posts:
Barnabyby · 07/08/2024 09:54

yepyouknow · 07/08/2024 08:29

huh? a fortnight you were posting about being undecided to go for a second @Barnabyby

Deleted...

yepyouknow · 07/08/2024 11:36

Barnabyby · 07/08/2024 09:54

Deleted...

Edited

come again?!

yepyouknow · 07/08/2024 15:10

Barnabyby · 07/08/2024 09:54

Deleted...

Edited

so you admit that you lie about having a second child and actually say they “hate each other”

bloody weird!

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