What's your family size and how much do you spend each month total?
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Anonymous
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break out of above: mortgage/taxes/repairs/utilities on primary home (worth about $1.7m in McLean)= $8500
mortgage/taxes/maintenance on second home (worth about $500K) = $4000 School Tuition = $2700 Housekeeper/nanny = $3000 Food = $2000 College Savings (2 kids, ages 12 & 14) = $4500 Travel Sports = $1000 avg. (includes some international travel) Misc = $1300 |
Anonymous
| We're about 11-12k, but that truly includes all spending - travel, charitable donations, insurance, home maintenance, etc., - averaged out over the year. It does not include savings. Mortgage is $2500, still have daycare, aftercare, etc. I find it a ridiculous amount of spending, but other than cutting back on food and dining costs, I don't want to cut back on any of the other stuff like travel. |
Anonymous
You can't count $4500 for college savings as something you spend. You are SAVING it, not SPENDING it. |
Anonymous
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$7500 per month for a family of four with two children in high school. This includes all spending and no saving and no taxes.
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Anonymous
We are also in McLean and worth 2+M. |
Anonymous
| 3- $4500-5000 |
Anonymous
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family of 5:
mortgage 2400 utilities and phones 600 (higher in winter) car payments 500 out of pocket medical 700 (various therapies) eating out/entertainment 700 gas 150 clothes, presents, repairs, misc purchases 800 lawn care 200 housecleaning 250 childcare 2700 kid lessons 300 so, total is something around 9.5k/month, then 3 to 4k/year for family trips (everyone is on the west coast, so that's almost 2k in airfare alone) and there's always some unexpected huge expense for the house. as soon as we can reduce our child care costs, that money will go into college savings. |
Anonymous
Well, that's all fine and dandy... 
I have a mortgage and a kid in private school so 7k a month right there. |
Anonymous
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family of four. two kids in private school.
12,000 per month |
Anonymous
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2 adults + 1 toddler, about $7k/mo all expenses, not including savings.
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Anonymous
| Family of 4 - we spend about 20k per month between mortgage, cars, preschool, lessons, PT nanny, housekeeper, bills, food, luxuries. |
Anonymous
| These threads are ridiculous. As are all the "how much do you spend on...." threads. Seriously there are like 5 of these per week. How many threads for shameless wealth bragging do you people need? |
Anonymous
Same here, although the outlay is more like 5k per month, since I bought my condo back in the early 14th century. |
Anonymous
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These numbers are insane! I can't imagine ever spending that much on a regular basis.
Family of 3, living in a TH along the Arlington orange line, spend about $4,500/month: Mortgage: $1,900 Pre-K: $600 Food: $700 Utilities/fuel/car insurance (1 car): $300 Metro fare for DH: $200 Fun/Entertainment/Other: $800 I'll admit that we do manage to run a lot of expenses through our employers, such as phones and internet. In addition, my MIL provides afternoon childcare to DD, so we don't have that expense. |
Anonymous
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Family of 8. We spend $4k on rent and about $5k on everything else, including saving for non-monthly expenses but not including retirement (about $1200, pretax)
That $5k includes $840 utilities/cable/phone/internet $800 transportation expenses $450 subsidizing our rental property $500 house cleaning/lawn mowing (leftover from when I was sick, will be getting rid of when I can bear it $500 credit card (paying off medical expenses, this is 4x minimum payment) $200 clothes, haircuts, Dr copays $150 charity $1500 goes on groceries, toiletries, diapers, etc, including a once a week Mom Doesn't Cook night (Chinese takeaway or Costco Pizza) That leaves about $300 which I try to squirrel away for Christmas/Birthdays/Shit happening. That last one is a killer. Shit may only happen to a person once a year, but multiply that by eight and you've got shit happening at least every 45 days. |