Reply to lifestyle for $500K HHI

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[quote=Anonymous]We earn 550k + bonus. We used to only earn about 300-400k until 2013 so our spending basically reflects what we spent previously.

We net about 30k per month after taxes. I think we netted around 20k when we earned 300-400k in 2012.

Monthly Expenses
$4500 mortgage ($1 million house)
$3000 preschool tuition for 2 kids plus aftercare
$2000 housekeeper and PT nanny
$1500 bills (insurance, cable, cell phone, electricity, gas, etc)
$1000 groceries
$1000 meals (work lunch, take out, delivery, eat in)
$700 car lease payment  (DH's car is paid for)
$500 cash 
$4000 to elderly parents (used to be about $2500 per month but we increased this when we started earning more)

We take about three 1-week vacations per year and a lot of driving weekend trips. I love to travel and enjoy staying at nice resorts. This has been the same since I was young. We probably spend $20-30k per year on vacations. We probably spend a total of $10,000 on clothing for our family per year. I splurge on about one luxury bag per year. DH buys a few electronic gadgets.

We paid off all our grad school loans in 2012-2013. I think we were able to save around $200k in 2013. Hoping to build our wealth.[/quote]

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