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Reply to "What's your family size and how much do you spend each month total?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are a family of 4 with 2 kids under 5, and we spend on average about $11k a month.[/quote] $11K per month! :shock: That's about what I spend every 6 months! What in the world are you spending this on? [/quote] I posted previously that we spend about 11k/mo. It boggles my mind that we reach that high, especially given our reasonable mortgage. We're working on reigning in some of these categories, but here's the approximate breakdown of monthly averages: PITI - 2500 Childcare - 2000 (one daycare, one shool aged) Food, non-food groceries, & dining out - 1200 Transportation (one car payment, gas, parking, public transit) - 1000 Personal spending for each spouse - 1000 (this goes for each spouse's clothes, work lunches, independent activities and savings) Utilities - 500 Travel - 600 Charity - 600 Home maintenance/repairs/furnishings/electronics - 500 Medical expenses (mostly dental, we both have bad teeth) - 500 Misc - 675 - includes cleaning service, gym membership, life insurance, kids activities and bday parties, random entertainment[/quote]
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