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Reply to "Family budget if your income is around $180-200K"
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[quote=Anonymous][quote=Anonymous]Our annual income is about $160K (one earner for family of 5) Our take-home is $8500 (after 401K, health ins., FLEX, fed and state taxes) Mortgage (PIMI): $2850 Utilities (elec, gas, water): $300 Phone/cable/Internet: $150 Car + umbrella ins: $150 Gasoline: $250 Food: $700 Entertainment/Eating Out: $250 Kids' Activities/Camps: $300 Vacations: $600 Clothes: $100 (some secondhand) Gifts: $150 Charity: $300 House/Auto Maintenance: $200 College Savings: $500 IRA: $1000 Misc./Overage: $700 [/quote] NP here, we're on par with you $8000 monthly take home after health insurance ($200), dependent fsa ($408), fsa ($200) and 401K (we're not maxing) rent: $2700 gas/cabs: $250 daycare: $1000 (minus the $409 dependent care each month) utilities(electric only): $70 internet/subscriptions (we are cable-free): $50 gym: $30 car payment: $310 student loans: $250 discretionary (groceries, entertainment, clothes): $2000 everyday savings: $1000 house fund: $1000 529: $60 sometimes our everyday savings goes towards travel or big clothes shoppings, or other random expenses. [/quote]
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