Family of four living on 230k in DC paying for mortgage, student loans, childcare for eldest, medical bills for youngest. How do you manage to save and prepare for a potential recession?

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Honestly, if at all possible, you move to a suburb where it’s cheaper to live.

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Considering moving to northern Virginia

We were in DC at $230k and moved to Gaithersburg MD. $2,900 mortgage Pmt inclusive of insurance etc. 3.5 yr old and 1.5 yr old.
We used an au pair for years and are just now going to put kids in daycare/preschool in a few weeks. But that was saving us $20k a year.
Otherwise we just eat in most meals and limit what we spend on. Just started using YNAB to try to get a better understanding of our expenses & control our fun money more

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That sounds awesome! Did you decide to keep your aupair v daycare/preschool?

Also, mind if I ask how much you save on average a month?

I’m considering moving to northern Virginia to reduce housing and vehicle expenses. We both work remotely so if need be we might be able to sell one of our two cars and just keep the suv

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