It's doable. Wife and I have done it for literally 23 years. With 4 kids.
Granted, after year 3 (and kid 2) I was making entry level developer money, but here in the south 18 years ago that was a long way from FU money. We made sacrifices and decided that some things were more important than others. Our vacations were camp outs, our four kids wore secondhand (and third/fourth hand) clothes. I bought (and still buy) most of my clothes from Goodwill or Walmart. We have never had the newest anything. There was a period of about two years where we were a single car family.
It's doable. You will have to lower your standard of consumption, probably a lot, but in our case it was totally the better choice. YMMV.
Granted, after year 3 (and kid 2) I was making entry level developer money, but here in the south 18 years ago that was a long way from FU money. We made sacrifices and decided that some things were more important than others. Our vacations were camp outs, our four kids wore secondhand (and third/fourth hand) clothes. I bought (and still buy) most of my clothes from Goodwill or Walmart. We have never had the newest anything. There was a period of about two years where we were a single car family.
It's doable. You will have to lower your standard of consumption, probably a lot, but in our case it was totally the better choice. YMMV.