Hi, I’ve been overthinking this a lot lately and just want some outside opinions.
I’m 27F, I run two businesses and usually take home around 250–300k depending on the year (k2 / 1099). My husband 30M is a superintendent for a GC and makes about 275k (W2).
We just ratified a contract on a 745k house and only put 3% down. We didn’t sell our current house (it’s about 4,500 sqft and has a 2.5% rate) so we’re holding onto that for now and renting it out.
We also own 12 acres outright and have about 200k in savings.
Other stuff:
about 75k in car debt (Porsche + Raptor + a couple fun cars)
we pay off our credit cards every month
we travel a few times a year
live in Northern VA
We’re also about to have a baby and hired a live-in nanny ($600/week) she starts next week (I’m currently 38 weeks pregnant). I’m planning to take around 6 months off work.
I think what’s getting to me is that my husband handles most of the financial side and doesn’t really want me contributing much from my income. I kind of just use mine as extra/fun money.
But now with the new house, baby, me not working for a bit, (I will still receive distribution checks while i’m off) I’m starting to feel like maybe that’s a lot of pressure on him? Even though he says it’s fine.
I know on paper we make good money, but I also like nice things, eating out, traveling… and I don’t want to wake up one day and realize we’ve been living above our means.
Are we actually in a solid position or does this sound like we’re pushing it?