…[quote=sd_fb]We are both in early 30’s with one kid in daycare and have been renting all these years.
Our combined income is 180K. We have around 130K in cash, 150K in 401K and 20K in immovable funds. We dont have any debts but occasionally have to help our families. Our kid’s daycare cost around 1000$ per month…[/quote]
I do apologize, UCguy, I mixed your situation up with sd_fb who has a simultaneous thread to yours about the same issue with similar circumstances. He/she didn’t have kids in school.
So I’ll stand by my other recommendation. Read the Tightwad Gazette for ideas on how to live as frugally as possible to lessen the months you will need to save the downpayment you are lacking :=)
