CNBC has a new show called "On the Money with Carmen Wong Ulrich" and I recently saw a segment that drove me nuts. Click here to see the video. Here's a summary: They send one kid to private school ($14,000/yr currently), the 2nd will be in kindergarten next year Mom stays at home Mom can start working 2 days a week next year when youngest goes to private school Their mortgage rate will adjust... in 2011 Their house has no equity so they were thinking about doing a short sale to reduce their monthly … [Read more...]
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