Reply to Reached goal - What happens next?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$17,091 Gross pay

$4,360 Taxes (Fed, state, FICA)

$3,178 401k's
$600 HSA

$475 Medical/Dental Insurance
$60 Limited Purpose FSA

$1,533 ESPP

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$ 6,885 take home pay
[/quote]

Ok the insurance and ESPP were unexpected. This makes sense.

Nothing wrong with ESPP, but it seems a little silly to say $7000 is your take home pay. Really $8500 is your take home pay but you choose to buy company stock from your paycheck. [/quote]

You're right.  ESPP is brand-new as of April and I kind of forgot about it myself.  I was planning to wash it though (sell right away) but it's already budgeted for as spending.

Budget is roughly below:

$1,200 food
$940 prop tax & HOA
$310 insurance (life, auto, prop, umbrella)
$170 gas/parking
$420 utilities (phone, internet, water, electric, gas)

$560 medical out-of-pocket (several health issues)

$870 home repairs and sinking fund for large expenses
$170 auto repairs and sinking fund for large expenses
$200 clothing
$120 entertainment
$100 gifts
$250 household supplies, pet care for lizard

$500 charity
$1,270 extracurricular activities, vacations, fun money for individuals, teen's allowance

$420 college savings
$1,000 Roth savings

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$8,500  spending from take-home pay

Not a ton of wiggle room there to ramp up spending.  We don't limi[/quote]

Didn’t you say college was fully funded? Why are you still saving?[/quote]

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