No. of Recommendations: 2
Our house was a fixer-upper on the water. So we put aside some of the profit from our home in NE to fix this one up. Which we did. We actually went a little above what we had originally planned and took out a $20K HELOC just to finish up some messy jobs before we actually moved in.

Then we got three hurricanes that made us have to fix more things than we planned on. Our roof and our sea wall had to be replaced. We did get some money from insurance but our deductible was $5K so it still hurt. We even got a low interest loan from SBA to help pay off some of what needed to be fixed.

So we made some bad decisions to fix things up too quickly and then had some bad luck from Mother Nature. Now we're paying back these loans.

Our property tax went from $2K/year (based on the first owner's purchase price over 30 yrs ago) to almost $10K/year. So for our mortgage company to pay that off, it increased our monthly payments from $2,200 to $3600. So we decided to pay as much as we could into our escrow to get our mortgage down to $3K/month.

I'm not sure what you mean by budget, do you mean monthly expenses? I'd be happy to post whatever it is you all mean. I'm really green, can you tell? =)

Monthly expenses;

$3K mortgage, insurance, taxes
$400 my car
$400 DH car
$300 HELOC
$300 SBA loan
$200 student loans
$100 life insurance for both
$50 cable
$100 phone
$200 electric
$500 daycare

Plus CC balances......

We don't go out to dinner unless it's a special occasion. We rarely order take out. I do indulge the kids in McDonalds when it's convenient. DH makes ~ $120K year. That seems like enough for us to be able to live a little richer than we are... and yet we have this debt that's keeping me up nights!

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