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Reply to "How much money do you need monthly to maintain your life-style?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not sure everyone is counting the same things. Just a few of my monthly expenses: $800 - health insurance premium (self insured) $500- contribution to HSA plan (some double counting with the next one except we use this as a savings vehicle so don't use it to pay health expenses) $600 - out of pocket health care due to high deductible plan, although again some of this is kid related $800 - weekly house cleaning plus tax obligation on that $200 - lawn care (March-November) $800 - groceries/wine (although that does include food for kids, so maybe a little less) $400 - eating out (one or two decent meals, a few quick take outs) $1200 - average monthly cost for vacations and travel not counting kids portion (ski trips, weekend trips, travel to summer house) So that's over $5000 without clothes, car insurance, gas, car repairs, utilities, cell phone, gifts, contributions to church and charity, savings, etc. I get that much of this is at the high end but health care alone is nearly $2k.[/quote] YOu spend $800 on weekly cleaning? Either that's a typo or you are nuts.[/quote] Yes, it ends up averaging about $800/month or $200/week. We pay both sides of SS and Medicare taxes plus unemployment, vacation (so we are paying for 52 weeks) and a year end gift. Now if I didn't have kids we might be able to get by with 2x per month so theoretically that could be cut in half. [/quote]
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