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Reply to "Can I live on 100K alone in this area? "
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[quote=Anonymous]OP, the approach you might consider in figuring out how much money you will need is this: We are two people who live on about $2K monthly which [b]excludes [/b]child care, auto payments and rent/mtge payments, RE taxes and homeowners insurance. It includes, groceries, eating out, clothes, vacations two times a year, gas, utilities, cable and internet, cell phones, cleaning services two times a month, yard work three times a month, medical expenses incl our portion of the health insurance premium. We are careful with money but we do spend ....... So, if you add the relevant portion of the exclusions identified above that you will incur given your personal circumstances, it will give you a sense of how much you need to manage. [/quote]
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