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Reply to "Challenge - Design a budget for 120 K HHI"
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[quote=Anonymous][quote=Anonymous]Oh, 120 is take home! Then you're basically in our situation. Ok, 10:16 again with revised numbers. Rent a 3 bedroom in further out MC burbs: $1800 Childcare for younger kid: $1100 No aftercare for older one since you can pick up? Life insurance: $200 Renter's insurance: $10/month Car insurance: $170 Gas: $120 Food: $1000 Utilities: $200[internet, water, heat, no cable] Savings: $1500 (you'll have 3 months worth of above expenses saved up by Oct) College accounts: $1600 for both kids Retirement: $1800 total contributions for you & DH Vacation: $300[/quote] Life insurance at 200? That's crazy.[/quote]
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