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Reply to "Could you live comfortably on $7500 a month?"
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[quote=Anonymous]We are family of 4. Our net is around 7500 to 7800 per month, after 401k deduction, health insurance. Mortgage + tax = 1850. Both kids are in public schools, ES grade. We try to keep the temperature in the house not too warm or cool, so we save on utilities. We drive older cars. Some months, our expenses are about 6800, other months it is around 8000. So on average, our monthly expenses were about 7200 to 7500. It's tight. Not much room for big purchases unless we save for it. It is doable if you budget well.[/quote]
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