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Reply to "I Live Comfortably on Less than $70K After-Tax in DC Area"
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[quote=Anonymous][quote=Anonymous]WTF is all this crap about $300k being middle class and $80k being poor? I [b](single, no kids[/b]) live very comfortably on less than $70k (net). Here's my approximate spending: $1650 PITI (3-bedroom, 1700 st condo in Fairfax County)* 325 condo fee 200 cable/phone/internet 150 electric 50 water 400 groceries/household stuff 150 gas/commuting. (3-person carpool) 800 medical (includes premium) Fixed expenses: $3725 $600 Eating out/entertainment 150 Clothes (don't need much - have plenty) 50 Household repairs 200 Donations (annualized) 250 Vacations (annualized) Discretionary expenses: $1250 Plus, savings toward retirement: $700 Total....$5675 per month ($68,100) [/quote] Fail. Daycare alone would cost you at least 250-300/week (and that's being generous) in this area. [/quote]
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