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Reply to "Family budget if your HHI is around 375k"
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[quote=Anonymous][quote=Anonymous]We're at same income $30,000 pretax -8000 tax -2500 401k/IRA $19,500 Net - 4600 mortgage/property tax - 1500 Costco/groceries - 800 utilities/phone - 2400 Au Pair/childcare - 500 car/house/life insurance - 1500 credit card-entertainment,clothes,travel - 1500 charity - 7000 savings (529, brokerage) [/quote] sorry, clarification our tax is more like $9000. PP, you spend $2600/mo on kids activities in addition to a $3000 PT nanny. Our 4 kids do cheaper Park District and school activities, and free library and other activities. We have an Au Pair and get 45 hours of childcare for about $2200/mo all in (with food, insurance, etc) Rethink your spending on kids. Also, we only do 1 vacation with flights/year, and then rent a lake house for $2000/week.[/quote]
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