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Money and Finances
Reply to "Family budget if your income is around $180-200K"
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[quote=Anonymous][quote=Anonymous]$12000 take home (retirement and health insurance premiums deducted) 2 children, 2 WOH parents) $3500 mortgage $4100 childcare/tuition no student loans (both lucky to get merit scholarships + parental contributions) $1500 food (includes dining out and some household goods) $1000 college savings $600 utilities/cable/internet/cell phones $400 shopping/activities/Target $200 housekeeper $200 gas/insurance/parking $200 medical expenses (prescriptions/co-pays) $200 life insurance $100 home repairs (honestly, this is not enough since we live in a 1940's home) Childcare/private preschool is really killing us right now. We are saving $0 (outside of retirement/college), and if anything comes up, we have to dip into savings to cover it. Once the kids are old enough to attend public school, we can start saving again. [/quote] Hahaha, there are no savings when they go to public, you need to pay after school care, sports, clubs and summer camps. [/quote]
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