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Reply to "Is this a reasonable amount of spending money per month based on our income?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's way too much. I think $600 a month would even be a bit much. [/quote] +1 Our income is twice yours and we give ourselves $600/mo. We save a ton and are close to paying off our mortgage on a $3M home. Our kids are older- 20, 17, 15, 10.[/quote] You make 640k and have a $3M house? Seems like a stretch to afford that. I would rather live in a 1M home and put the difference towards things like toys and experiences. The delta between a 1M and 3M house is probably 10-15k a month and you only give yourself $600/month each. That seems crazy to spend so much on a house while having such a barebones spending budget. [/quote]
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