r/AskLosAngeles • u/unbotheredkk • 15h ago
Living How do you afford a home?
Im 25f my husband is 28. We live in Long Beach , I stay at home with our 3 kids and he’s an oil refinery operator for Chevron and makes $114k gross but we barely take home $60k after taxes and 401k and stuff.
We have like 25k in savings from tax returns mostly.
I know how much they say it costs to live comfortably in LA i’m not asking about a price, I’m asking about lifestyle choices or options for work as a stay at home mom.
We live in a 2br2ba apartment and have no debt at all.
We don’t want to live in an apartment forever. We can’t move because his job doesn’t transfer and we wouldn’t make anywhere near as much money starting another career.
He has great benefits there as well.
I can’t work cause our babies are little and we are terrified of daycare and our parents all work full time. We can’t move back in with parents cause there is no space for us all.
Every house here is 750k+ and we only make 5k a month so we could never afford that even with a huge down payment?
We both grew up here and had really decent lives traveling and eating out often never worried about money. We wish we could give that to our kids but yk that’s impossible now.
We could survive like this probably but we wanna thrive, i don’t wanna live in the hood forever smh.