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Money and Finances
Reply to "Gah, where is our money going?"
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[quote=Anonymous]I make just under 200K with a comparable mortgage ($2650/month) and save about $3500/month after maxing out 401k. Here are my average expenses (I track religiously). We are 1 adult and one elementary school-aged child. Take home is $9800/month PITI: $2650 Household maintenance & repairs: $200 Electric, gas, water: $200 Cell phone & Internet: $150 Car insurance, gas & maintenance (car is paid off): $350 Health & medical: $300 Food (groceries, restaurants): $600 Child care (after school & summer camp) $600 Gifts: $250 Clothing, haircuts, grooming: $200 Entertainment (anything fun and non essential including travel, cable TV, recreation): $700 TOTAL: $6200 Leftover to save: $3600 [/quote]
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