[Spunkrat]

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This post has been edited by Spunkrat: 25/04/2013, 05:49 PM

[Ianthe]

That would be very dependent on where you live and therefore how much the mortgage/rent would be.

[HeroOfCanton]

I guess it depends where that $100k is going - of they own the house outright, own cars etc, then maybe, but otherwise I imagine it would be impossible. But then again, I only have 2, so have no idea how much 4 times the kids might cost!

[EssentialBludger]

We couldn't. Well, we could, but it would mean no extra curricular activities, music lessons, OS holidays, private school, spoiling on birthdays and christmas, all the things we want for our children. We also have a pretty big IMO 4 bedroom, 2 bathroom, 3 living area house and I'm looking around thinking where the hell would I put 10 kids without them being crammed in like sardines.


Moot point though, there isn't enough money in the world you could pay me to have 10 kids.

[BronR]

In my current situation no.

But I guess a lot would depend on things like
where do you live (city/country)
do you have a mortgage/rent/own your place outright
what kind of lifestyle do you have
does that 100K include any other benefits/entitlements or are they on top

Not a one size fits all scenario.

[SarahM72]

I have almost that amount of kids. I'm currently studying and on government benefits (single mum) while I complete my degree. My yearly income (including child support and FTB) is alot less than $100K let me tell you, LOL.

[Spunkrat]

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This post has been edited by Spunkrat: 25/04/2013, 05:50 PM

[CountryBumpkin]

We have number 6 on the way and have just taken a pay cut to almost 100k. It's do able, we have some debt we are paying off so it doesn't leave a lot of us, but means we can buy a house. I don't have teens though, I believe they get a lot more expensive. Anything is doable, I had 4 children and myself on 40k a year, paying 18k a year rent. You make it work if you need to.

[Blossom77]

It's not something I'd try - although given my age 10 kids isn't going to happen anyway -
but I grew up surrounded by families of between 7 and 13 children and the vast majority of them lived on the average wage or just above it. I don't know if this would be possible now but certainly then it was, and I think government payments are probably more generous now so perhaps that would help.

[cinnabubble]

I imagine the FTB would be pretty high on top of the annual income.

ETA: not high enough to tempt me, though.

This post has been edited by cinnabubble: 15/12/2012, 04:10 PM