Reply to If your HHI is around $150k and you have 1-2 kids....

Forum Index » Money and Finances

Reply to "If your HHI is around $150k and you have 1-2 kids...."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]$120K, 2 kids

Mortgage - $2450
Daycare - none, I stay at home
Cable/Internet - $130
Gas - $200-$250
2 Smartphones - $166
Insurance - $250/6 months
Retirement (DH only) - 10%
Electricity - $200
Preschool - $250 (not in summer)
Costco/Groceries - $1000 (we rarely go out to eat, so we spend a lot on groceries, plus, in the summer we always have people over so that adds up.)

I don't spend too much on clothes.  Kids wear lots of hand-me-downs, and I only buy new clothes when I have a big event.   DH has holes in a lot of his clothes, but he doesn't seem to mind. =)  I know there are a lot of things on here that I've missed, there are probably another $500-$1000 that we spend in misc things, gifts, entertainment, etc.  I would guess the months that we spend on the $1000 end we don't save any money.  We usually do manage to put a few thousand in our savings account every few months though.

The place we are not saving enough is the kids' college.  We are not saving on a monthly basis, so they have hardly any money in their accounts.  My thinking is that I gave up a well paying job to stay at home...if I manage to find a job that even just pays 50% of my former salary , that will help pay for college when I finally go back to work.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics