<prompt> Human: With our first child just turning two recently, my wife wants to start trying for another one. Im not opposed to having another kid, but I dont see it working with our current debt to income ratio, especially when you factor in how much daycare costs are going to rise. Right now our kiddo goes to a family member for daycare and although we pay them, its inconsistent and cheap enough that it only costs us between 200-400 a month, usually in the middle. My wife and I mutually agree that if we have a second child that we will have to switch to a regular daycare which will then end up costing us around 800 a month consistently. This is what our budget looks like:Income - 67k a year combined, pretaxBills:Mortgage: 1000Electric: 100-225 - higher in the winter than summerGas: 20-70 - higher in the winter than summerWater: 80 per quarterGarbage: 15 a monthCarstudent loan: 340 a monthWifes student loans: 250 a month for two loans not 100 sureCableInternet: 120 monthCar insurance: About 1800 a year.Cell phones: 225 per month.Health insurance: 350 per month - through work, pretaxFurniture: 90 per monthObviously this doesnt factor in any food or gas, which we buy a lot of because we both commute 30 minutes one way to work. Im doing my best to rationalize this in my mind, but I cant see how adding another 400-500 a month for additional childcare expenses would be feasible for us. If anyone has any helpful advice Im all ears.Assistant: It seems barely do-able with your current expenses and incomes. I dont know how old you guys are or what your timeline is, but if youre not in a rush I might try to fully sort out the finances before adding another huge expense second kid. I would worry that you wouldnt be saving anything and if an unexpected expense came along as they always do you wouldnt be able to deal with it.Incomes: Any room for advancement in the near future for either of you? Even a modest raise or two would cover the cost of an additional child.Expenses: Why is your cell phone bill so high? It should be at least 100 less. Can you say goodbye to cable and maybe replace it with Netflix or something else? Im assuming your car insurance is so high because thats for two cars, if so - carry on. If thats for one car, it should be lower. Whats the deal with the furniture cost? How long are you paying it off?Human: Incomes - unfortunately not really. We both work in non-profit human services so the only possibility of advancement is getting a job with a county agency, which is very difficult.Expenses - I explained this above, but the payment is actually for 4 lines, 2 of which are ours. The excess goes to pay back my MIL for some money she borrow my wife when she was in college. Weve thought about cutting the cable and we still can, but it only saves us like 50 a month because we have a stupid plan where the internet price is more if you dont take cable. Car insurance is for two cars, yes. The furniture cost was a stupid mistake. We should have bought with cash, but we financed. Its like 45 months to pay off at the current payment which is slightly more than the minimum.  <response>: So cut the cable, and throw that extra just 50 a month at the furniture financing. What is the balance, interest rate, and number of months remaining on the furniture? I bet that 50 a month significantly increases the amount that hits the principal each month. 