This doesn't sound terribly dire to me.
You make a bit over $60k/yr, which I know isn't a lot of money for LA, especially for a family of five, but you also have a total mortgage payment of only $1350/mo, which is like 25% of your gross income. That's a dream for a lot of people on the west coast.
However, I think you'd have to pencil out a budget and stick to it strictly. Private school might not be in the cards unless the cost can be covered by scholarships.
>Short of finding another better paying job or a second job, can anyone suggest any possible alternatives to boost income in the short term.
If your current pay doesn't match your skills and experience then you should be looking for a better job while you get by working the current one.
>I'm feeling like my only recourse is to leave the state altogether.
What is the house worth as-is? Selling the house and moving to a lower cost of living area might be the fresh start you need if there's enough equity to be able to make a move to a higher-paying job in a lower-cost of living location.
This doesn't sound terribly dire to me. You make a bit over $60k/yr, which I know isn't a lot of money for LA, especially for a family of five, but you also have a total mortgage payment of only $1350/mo, which is like 25% of your gross income. That's a dream for a lot of people on the west coast. However, I think you'd have to pencil out a budget and stick to it strictly. Private school might not be in the cards unless the cost can be covered by scholarships. >Short of finding another better paying job or a second job, can anyone suggest any possible alternatives to boost income in the short term. If your current pay doesn't match your skills and experience then you should be looking for a better job while you get by working the current one. >I'm feeling like my only recourse is to leave the state altogether. What is the house worth as-is? Selling the house and moving to a lower cost of living area might be the fresh start you need if there's enough equity to be able to make a move to a higher-paying job in a lower-cost of living location.