Reply to In your opinion, how much salary would a person need to make per year to life comfortably in DC?

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Reply to "In your opinion, how much salary would a person need to make per year to life comfortably in DC?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
Our take home is approx $9000 a month. Expenses are:
$2400 mortgage ($2100 is mortgage and $300 is a repayment of a loan to our 401K for the down payment)
$2150 tuition
$800 student loans
$500 utilities/internet
$1000 food (includes all eating out)
$650 shopping (CVS & Target/activities/clothing)
$200 charity
$300 weekly house cleaning (cheaper than marriage counseling!)
$300 gas/parking/car insurance for 2 cars - no car payments
$100 life insurance
$100 medical (drs/prescriptions)
$30 gym membership
$250 saving for a minivan

So while we certainly dont have any extravagant expenses, the money does go very quickly and there is not much left over at the end of the month.  [/quote]

$9000 is a lot of take home pay.

Mortgage- ok
Tuition- that's your choice
Student loans- ok
Utilities- ok
Food- that's your choice. Families of 7 spend less than that.
Shopping- that's your choice. This is not a necessary expense
Charity- that's your choice. I'm not saying it's good or bad but it's your choice
Housecleaning- that is how you choose to spend your money. That's your choice
Parking/gas- ok
Life insurance- ok
Medical- ok
Gym- that's your choice. That is how you choose to spend your money. It's not a requirement but it's nice to have
Saving for minivan- Ok. But that's still your choice.

There are a lot of things you choose to spend your money on. So yes, money goes quickly when you choose to spend it. And you still have $220 left over. [/quote]

Tuition is childcare for 2, so if we want to maintain income, its not so much of a choice and certainly not an extravagant one.

I do agree that these are all choices, but many of them are "relatively" frugal choices. [/quote]

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