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Money and Finances
Reply to "Being lower middle class and living well"
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[quote=Anonymous][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] increased health insurance costs and copays and deductibles increased dental costs sports fees and equipment music lessons and instruments rentals OP for god's sake spend money now and TRAVEL. Believe me, when you are older you may have commitments and time constraints which make this impossible, even if you do have more money.[/quote]
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