Reply to Shocked: Our bare-bones monthly cost of living is 5K after taxes! What's yours?

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[quote=Anonymous]I'm not sure what our current budget is (need to redo it after a new baby) but its also not anything close to a bare bones budget either. If we needed to cut back, we certainly could-especially on food.

Off the top of my head, our critical expenses (not counting things deducted from our pay checks) would be:

Mortgage (including escrow): ~$3100
Utilities: $300 (obv varies month to month, but that's probably what it averages to)
Phones: $125
Transportation: $100 (includes insurance and gas. Brand new car with 2 years free maintenance, we both metro to work and walk a lot of our errands)
Food: $1000 (we spend more, but this is one area we could easily cut back if needed, especially if one of us was home)

I'm sure I'm missing some obvious expense, but we don't have student loans, car loans, or credit card debt. So throw in maybe $500 for random other expenses (like home maintenance) and that gets us to about $5000.

Of course, our actual budget is higher-includes things like dinners out, dh's love of high tech gadgets, travel, charitable contributions, clothes, etc. 
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