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Reply to "400k budget, with numbers. "
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[quote=Anonymous]Base Take home is 11739, deductions are ($1160 401k) + ($600 529s) Mortgage 3377 Cable and phones 240 Internet 100 Electricity, Water 160 Garbage 30 Health RX (not covered) $222 Car insurance ms $270 Private Club $422 Life Insurance $107 Grocery $1000 Eating Out $600 Medical Co Pays $40 Lawn $100 House Cleaning $280 Peleton $42 PreK and Activities $750 Camps, Childcare + Kids Activities ($1000) Haircuts $100 Leftover each month $2,664 So my question is.. how does this look and how much of this $2664 do you think we could reasonably save each month? We need to replace a new car in the year and want to pay in cash. We want to buy in the summer. I’m considering dropping 529 and 40k direct deposits and just load them up from bonus at the end of year. Something in the $45-60k range and trying to figure out how to get there by June or July. Dropping private membership isn’t an option. It’s a golf club and kid plays and it’s not something you can easily rejoin. We joined without initiation fee. Approximately in Commissions= $200k additional annual (get at end of year) [/quote]
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