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Reply to "Is this a reasonable amount of spending money per month based on our income?"
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[quote=Anonymous][quote=Anonymous]OP here this is our current monthly budget $2200 PITI $575 groceries & consumables $500 car & house maintenance $300 subscriptions (incl gym membership) $350 utilities $450 transportation cost (mostly insurance & VA car tax) $1000 vacation saving $2400 personal spending Total is $7775. Our take home is over $17k so it leaves us with almost 10k going into savings every month (more like 11-12k if you count pre tax 401k contributions and match + paying down mortgage principal). Are we really going wrong here? Seems crazy how you could make double or more our income and barely enjoy any of it for yourself. [/quote] What I don't see is savings for property tax, insurance, and home repairs/maintenance, which I suppose come from savings. I also spend a heck of a lot more on vacation - it makes me happier than face cream. To each their own.[/quote]
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