+ Reply to Thread
Page 1 of 2 12 LastLast
Results 1 to 10 of 11
  1. #1
    Join Date
    May 2011
    Posts
    143
    Thanks
    4
    Thanked
    31
    Reviews
    0

    Default Large families- how much income?

    Hi there,

    Just wondering if larger families ( 4 or more) children would be happy to share what there family income is?
    We currently are pregnant with number 4 and seems most people's comments are about 'how am we going to afford them?'

    My husband earns around $90000 a year which we think is a great amount. I am a stay at home mum and we are hoping to keep me at home as long as we can. We do get some family tax a and b about $ 400 a fortnight. We live pretty comfortably now although our children our young so don't do any sport or attend school yet.

    Just interesting in his other larger families go- specially once all at school/ sport.

    Thanks

  2. #2
    Join Date
    Jul 2008
    Posts
    21,650
    Thanks
    15,094
    Thanked
    11,259
    Reviews
    14
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    Busiest Member of the WeekBusiest Member of the Week - week ended 5/2/14Busiest Member of the Week - week ended 31/10/14Busiest Member of the Week - week ended 24/10/14Busiest Member of the Week
    ...
    Last edited by LoveLivesHere; 29-05-2016 at 14:05.

  3. #3
    Join Date
    Feb 2016
    Posts
    1,144
    Thanks
    11
    Thanked
    699
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    We have 4 (eldest is 6). My husband will probably hit 90k this year with shift penalties. Maybe.
    Our situation is a bit unique due to where we live. We pay less for rent than most other places, but for things like sports we will have to travel. In fact we travel for everything, groceries included. As the kids get older we will be doing travelling I would say, to take them to the movies etc. That all costs money obviously. One of my sons also has special needs and we travel for his specialists so that's when we do our groceries.
    I am a stay home parent. I feel we do pretty god for money. A few debts here and there but we have plenty of money to buy "luxury" groceries. Indulge our hobbies occasionally and buy bits and pieces for the house (such as new kitchen appliances). We aren't the most money savvy people in the world, but we have gone from a 180k combined income years ago, to being so poor we scraped under car seats and sofas for coins to buy bread to eat. So now we are nicely in the middle and live comfortably.

  4. #4
    Join Date
    Mar 2010
    Posts
    160
    Thanks
    29
    Thanked
    78
    Reviews
    0
    My friend has 5 kids and her husband on just below $100k, dos hefted family tax money. I'm just about to have #4 and hubby is on $115k. We're in process of fixing our mortgage so we have less going out.

  5. #5
    Join Date
    Jun 2005
    Location
    At the beach
    Posts
    10,495
    Thanks
    1,430
    Thanked
    9,003
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/10/14100 Posts in a week
    Honestly people should mind their own business. You are already pregnant. If finances were a problem well it's kind of a bit late.

    If you are coping with 3, 4 should be fine. But it depends on how you live and what your expenses are. I have 4 kids and there's no way in this life I could survive on $90k but we don't have to so its not relevant.

    So long as you live within your means, try and have a bit of savings for emergencies, can pay the bills and feed and clothe everyone then it's really no ones business.

    You may need a bigger car or house eventually but it's impossible to know without knowing your circumstances.

  6. The Following 4 Users Say Thank You to Sonja For This Useful Post:

    Barnaby  (29-05-2016),LoveLivesHere  (29-05-2016),Ngaiz  (29-05-2016),VicPark  (29-05-2016)

  7. #6
    Join Date
    Jan 2013
    Posts
    965
    Thanks
    7
    Thanked
    234
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    We just had twins and have a 3 yo and 2 yo. Hubby earns about 60k per year. We are fine

  8. #7
    Join Date
    May 2011
    Posts
    143
    Thanks
    4
    Thanked
    31
    Reviews
    0
    Thanks for everyone's answers. I don't mind people asking, I quite enjoy talking about budgets with other people as I know most of my mummy friends would love to be stay at home parents but can't seem to afford it ( which is a shame) so they are interested in how we do.

    I am not worry about having four but just wanted to see how other large families live as some people do think it will be hard financial.
    We have a pretty small mortgage and have just fixed for a few years to keep it stable.

    We already have a kia carnival and I consider our four bedroom house big enough- kids will share so more interested in day to day cost.

  9. #8
    Join Date
    Jul 2016
    Location
    UK
    Posts
    11
    Thanks
    1
    Thanked
    3
    Reviews
    0
    wow that seams like loads we are in the uk but it would be about 70000 dollers for 7 children

  10. #9
    Join Date
    Sep 2016
    Posts
    102
    Thanks
    24
    Thanked
    17
    Reviews
    0
    I get $900 a f/night. Partner gets $850 a week. No child support from my ex either.

  11. #10
    Join Date
    Apr 2009
    Location
    Bayside Brisbane
    Posts
    7,027
    Thanks
    1,230
    Thanked
    1,958
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    We have 4 kids and between the 2 of us both working we make around the 90k mark, a little less.

    We manage fine on this amount of money with the day to day stuff. We dont' do a lot though. like we don't go out for dinners or away on holidays or any of that stuff. My kids don't miss out on much though, they do swimming lessons every week and take part in sports and dancing etc.

    We have a little 3 bedroom home and at this stage it's no issue. I have the 3 eldest in one bedroom (they're nearly 7, 5.5, 3.5 and the youngest is 10 months). We own our house and our mortgage repayments are tiny, so even though the house is a bit too small we make it work, because moving would just blow our budget right out.
    Last edited by CazHazKidz; 22-11-2016 at 08:40.


 

Similar Threads

  1. If your a sahm/dad how much income?
    By kim85 in forum General Parenting Tips, Advice & Chat
    Replies: 199
    Last Post: 29-04-2016, 11:14
  2. Large families, two car families
    By maternidade in forum General Chat
    Replies: 9
    Last Post: 05-02-2016, 19:11
  3. Taxable income
    By silly in forum General Chat
    Replies: 24
    Last Post: 05-07-2015, 12:11

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Ro&Co
Share magical moments this Christmas with this gorgeous gingerbread house. Exclusively available in Brisbane, with FREE delivery in Brisbane Metro areas. Each Christmas Centrepiece is unique and made to order, from $240.
sales & new stuffsee all
True Fairies
True Fairies is the first interactive website where children can engage and speak with a real fairy through the unique webcam fairy portal. Each session is tailored to the child, and is filled with enchantment and magic.
Visit website to find out more!
featured supporter
Shapland Swim Schools
Semi private learn to swim classes for a maximum of 3 children in specialized heated teaching pools. Our swim schools are located across Brisbane, Ipswich and the Sunshine Coast, ensuring there's a school near you.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!