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Reply to "Being lower middle class and living well"
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[quote=Anonymous]Single Guy here early 30s Expenses Group House Rent 600 Gas 100 Car Fund 100 Groceries 200 Insurance 100 Phone/Internet/Netflix 100 Weekend 400 (100 per weekend) Total expenses roughly 1500 a month Retirement 1,600 a month Total roughly 3,000 per month can get by on around 50k a year after taxes Income much more than that but thats beside the point Once married Mort age 3000 +2500 Daycare +2500 (peak with 2 kids) Food 600 +400 Weekend fun 800 +400 Car 200 +100 Gas 100 +100 New Total Expense 4,000 up to 6500 with kids Retirement 3,000 Total 7,000 to 10,500 = HHI of 100 to 150k after taxes Feel free to chime in on what I am missing[/quote]
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