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Real Estate
Reply to "How much should I make to live in McLean, VA"
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[quote=Anonymous][quote=Anonymous]Here I am as a single Mom and wants to move to McLean in the next 2 years. I thought my budget should be OK. HHI is about $110K. Take home after tax and max out 41K is $6K. Rent and utility $2.5k Food for 3 people $600 Health Ins $0. Employer paid for us :-) Life Ins $75 Car Ins $60 Phone & Internet $50 Gas $200 Roth IRA $500 Total is $4k for all spending. $2K per month for saving ? 2 Kids in puplic school. No after school care cost.[/quote] Phone/Internet will be more than $50. I have just Internet and its $50 and the cheapest I could find. Do you have a cell phone bill? Are you planning to get cable? You don't mention a car payment. Even if you own your car, you need to start saving for a new one and/or repairs on your current one. Are you putting anything towards college? What about birthday/holiday gifts for your kids and other family. Do you receive child support?[/quote]
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