Reply to $600K-$800K HHI

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Reply to "$600K-$800K HHI"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’d love to know the monthly budget in this income range. [/quote]

We are at 750k HHI and don't budget..we just come to a number to save, let's say it's 200k. We pay ourselves first and save the 200k. After that we live however we want and if the checking account stays above a certain #, then we will either save the rest, do a home project or go on a vacation.

My only target is the savings number. If I can save 200k, and that meets my long term goals, i don't care where the rest of the money goes. [/quote]

This is pretty much us.  Dividend from business shows up in early April each year and I immediately hand over an amount to my investment guy to get us to around $200k invested for the year.  The rest we spend throughout the year.  I sometimes worry about spending too much, but tying up the majority of the money right away prevents us from doing anything stupid.  If there's money left over at the end of the year, it gets invested as well.[/quote]

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