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Money and Finances
Reply to "Your income, HHI, and spending on “luxuries”"
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[quote=Anonymous][quote=Anonymous]HHI ~$300K and pretty solid net worth. Only debt is mortgage. Buy cars with cash and keep them for years. Don't spend on clothes, jewelry, handbags, dining in nice restaurants, or housecleaning. Spend about 40k/year on travel and experiences. [/quote] This basically describes us, too. $300K HHI spending: Realistically probably $3000/year on all family clothing (2 young kids, 2 parents) $0 jewelry and handbags $12,000 on "food and drink" according to my credit card, which excludes groceries but includes all food bought outside the house $20,000 on travel (airfare and hotels) $2000 on entertainment (tickets to movies, museums, rides, etc) $2000 on wellness items. My DH cuts all of our hair at home, but I get maybe 5 pedicures per year, 5 massages per year. [/quote]
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