Reply to Can you survive with 7,000 monthly income after taxes ?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I bring home about $7500/month after taxes and after maxing 401(k) and HSA. Wife is a SAHM (does some part time work). We have two kids in public HS. Life is similar to what a lot of people have mentioned...enough to be OK but NICE vacations are scarce, going out to eat is rare, upgrading clothing/furniture is rare (thank goodness for tele working), etc.  We do put $750/month into each of their 529s so $1500/month for both. So that leaves about $6000K to live, pay bills, save for vacations and all of life's unexpected twists and turns, etc. We have no mortgage and two paid off cars. Some of those things are $700/month for utilities (Gas, Electric, Water, sewer, trash, and cable). One kid plays a top level club sport on national level. That's at least $1,000/month on average. $1750/month on groceries and ordering in. Try to save $1500/month for repairs, insurance, property taxes, car taxes, etc. So that leaves about $1000 for everything else for the month. Out of that is what we have for date night, birthdays, vacation savings, doing whatever. I know people have it much worse but it's not living in luxury.[/quote]

You spend $1K on on kid's sport alone.  You put $3000 in savings, not including retirement.  You spend $1750 a month on food, including takeout.  But you're not "living in luxury, "  Boo hood.  You people are all so pathetic.  [/quote]

Plus, I like how earlier he says that "going out to eat is rare," implying that they cook all their food at home.  But then later he says his $1,750/month (!) food budget includes takeout, as if the real luxury is physically sitting in a restaurant and not all the other benefits of takeout (no time spent meal planning, grocery shopping, preparing the food, washing dishes, etc.).[/quote]

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