How much do you have leftover after bills?

posted 3 years ago in Married Life
  • poll: How much money is left after bills?
    Less than $500 : (38 votes)
    24 %
    $500-$1000 : (33 votes)
    21 %
    $1000-$1500 : (18 votes)
    11 %
    $1500-$2000 : (19 votes)
    12 %
    $2000 or more : (50 votes)
    32 %
  • Post # 3
    Member
    499 posts
    Helper bee
    • Wedding: April 2015

    None! everything extra goes to paying off his student loan debt! yuck!

    Post # 4
    Member
    4483 posts
    Honey bee
    • Wedding: April 2015

    I make more than what my bills total, but any leftover is sent to student loans. I’ve had trouble with spending in the past but am dedicated to paying them off and saving for the future with FI 

    Post # 5
    Member
    5204 posts
    Bee Keeper
    • Wedding: April 2013

    @LittleButtons:  You need to define “bills.”  That could mean a lot of differnt things to different people.  Do you mean fixed costs? 

    Fixed costs are those things that you have opted into for the long term so they don’t change from month to month without you making a drastic change.  For example, morgage payment/rent, a car payment, student loan payment, cell phone payment (assuming contract), etc.

    The “what’s left” would be your variable costs.  These are things that you aren’t “locked in” to spending on and can change easily from month to month.  For example, groceries, restaurant spending, clothes shopping, overpayments on your morgage or student loan debt, gasoline, etc.

    Fixed and variable costs can be either necessities or luxuries, but most necessities fall into the fixed category and most variable fall into luxuries.

     

    Post # 7
    Member
    634 posts
    Busy bee
    • Wedding: December 2012

    ~$1000.00 after all bills not including gas/groceries. That number will increase to ~$2000.00 after this year, and then we’ll be tripling our mortgage payments (so it will knock us back down to $1000.00).

    That being said, $500.00 of that is gone with groceries/gas so we really have $500 or so to save.

    Post # 8
    Member
    3635 posts
    Sugar bee
    • Wedding: May 2012

    I voted monthly, since we get paid and billed monthly for just about everything – I assume that’s what you meant.  We wouldn’t have that much every week.  🙂

    Post # 9
    Member
    5295 posts
    Bee Keeper
    • Wedding: April 2013

    Not alot LOL Anthing we have extra goes to savings for a raining day or for any unexpected repairs that might come up for the house

    Post # 10
    Member
    5204 posts
    Bee Keeper
    • Wedding: April 2013

    @LittleButtons:  Got it, thanks!  Now I’ve answered the poll 😀

    Post # 11
    Member
    11772 posts
    Sugar Beekeeper
    • Wedding: May 2013

    About $500/month gets funneled into savings. But then some of it always ends up getting used for something expensive (like buying baby furniture…)

    Post # 12
    Member
    552 posts
    Busy bee
    • Wedding: June 2014

    After my fixed expenses I have about $1300 leftover. I spend about $600 of that on groceries and gas, and usually about $300 on other stuff (gifts, clothing, buying contact lenses, any unexpected expenses like going to the dentist, changing the oil in my truck etc), and the rest goes into savings. Although lately most of the savings has been going towards wedding expenses, lol.

    Post # 13
    Member
    1549 posts
    Bumble bee
    • Wedding: June 2013

    Every extra dollar we have goes to paying down debt. So not counting gas and groceries i said 500 to 1k ..but Gas and groceries are a bill to me! Its not exactly an option to go to work or eat. lol After everything on a REALLY good month which we never have – 500 could go to extra debt payments.

    Post # 14
    Member
    6073 posts
    Bee Keeper
    • Wedding: August 2012

    @LittleButtons:  We put a lot of our everyday expenses on credit cards (opposed to using cash or debit card), but we can choose how much to spend and how to pay for it, so I won’t include that in the “fixed” bills.

     

    The only fixed bill we have to pay every month would be our mortgage and all the related house stuff (gas, lights, water, heating).  No car payments, no student loans.

     

    After that, we have $4800 a month to live on.  That’s food, gas, insurance for cars, cable, internet, fun, doctors, house decor, pet stuff, Roth IRA contributions, everything else basically. Which usually leaves us between $0-1500 in actual savings per month.

     

    Post # 15
    Member
    279 posts
    Helper bee

    @LittleButtons:  Student here but I get paid to go to school, so not much but still some money. I voted 500-1000, but it depends on the month. When I get a job it will be 3k about.

    Post # 16
    Member
    509 posts
    Busy bee
    • Wedding: August 2013

    I consider food, gas, entertainment, gifts, vacations, etc as part of my monthly bills.  I have a very detailed budget that breaks everything into buckets.  I also consider savings as part of my monthly bills.

    After expenses, I have $4k left.  That gets split between my 401k, IRA, Kids college, and HSA.

    I have 8 months saved in my bank for emergencies so I basically “spend” all my money every month.  But like I said, a big portion of that spending is reitrement and kid college savings.

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