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NYC couple consider starting family, hesitate because their combined income is only $920k a year: 'Imagine being this mentally trapped'

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  • a glass with different types of dollar bills in it and a calculator on a table
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  • lol @cardamomkiss
  • r/HENRYfinance M u/PF_throwaway26 • 3d. $750k-1m/y Join How do HENRYS afford to start a family in NYC? Income and Expense Happy 2026! We are a 37M/28F DINK couple in NYC interested in starting a family, but feel like we don't have any good options for how to proceed. I'm interested in what other HENRYS think about starting a family in VHCOL while staying on FIRE track (or maybe giving up on or delaying FIRE to have kids). Any advice would be appreciated. Here are our 2025 stats for background. 2
  • joseph @stinkbug Replying to @cardamomkiss DINK was the last acronym that i could figure out in this post
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  • Q neature vs norture @chionogirl Replying to @cardamomkiss I love when they post their expenses too and it's like 2 leased Mercedes and $8,000 mortgage and they have no idea how to afford 1 child
  • @cardamomkiss Replying to @chionogirl Someone please help me budget this my family is starving 2025 Spending: $113k non-discretionary • Rent: $97k • Groceries: $7k Bills: $6k • Transit: $2k $173k discretionary • Travel: $66k (+2.5 million pts) • • ⚫ Shopping: $42k Dining Out: $32k Entertainment: $20k Personal Care: $12k • Other: $1k • Total spending: - $285k (Most of the discretionary spending is driven by my wife. We might be able to cut down, but a lot of things like housing and travel will be
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  • a man and a woman dressed in cream hold hands and smile under a white veranda
  • Joseph Alessio ❤ @alessio_joseph Replying to @cardamomkiss absurd but would also note most of the comp there is probably illiquid
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  • Dan @dsmith0525 Replying to @cardamomkiss How do I afford a baby we only make $1,000,000 a year
  • gingersnap212 @gingersnap2123 Replying to @cardamomkiss The mistake is that they expect to feel rich and feel like because they make $700k-$1m they are entitled to live like rich people
  • nicole ruiz ❤ @nwilliams030 everyone is so silly imagine being this mentally trapped
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  • David Rose @David RoseHRL This person 1000% Venmo requests half a sandwich on the regular
  • the Rich @Duderichy it's difficult to understate how hilariously easy it is to raise kids in nyc on $1M/yr
  • P®|\A7 @priyav012 If you're scratching your heads like me, here you go - HENRY - High Earner Not Rich Yet VHCOL - Very High Cost Of Living FIRE - Financial Independence, Retire Early. You're welcome. P. S: Assuming you already know DINK (it was the only acronym I knew!).
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  • Laura Lupin @bugsandfishes People who self-identify as a HENRY ("High Earner Not Rich Yet") are so wildly delusional, I love them, how do these people hold down jobs???
  • Stat ANDREJO @Andr3jH my feeling reading these acronyms Damien Owens @OwensDamien I'm 50. All celebrity news looks like this: 'CURTAINS FOR ZOOSHA? K-SMOG AND BATBOY CAUGHT FLIPPING A GRUNT'
  • daily JONGHYUN... @bearythebear819 Finance people truly speak a whole different language like what even ks this saying
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  • LEF ness. @nessisnothere refuse to believe these are real people
  • dimple haver @beatface came home from work feeling good about making almost $4k this month and then I saw this
  • tutu @softshock well to start you'll need to chill with the acronyms, babies can't spell.
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  • PokéMar Lumiose @PokeMarr I genuinely don't understand how people make this much money. Like what do you mean you're working 2 jobs at the same time that are collectively paying you 700k for the year that does not make sense

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