Post # 16
Combined income: £4,400
Bills (Energy, council tax, internet, insurance) £300 – rounded up
The other £1,600 is roughly split between two and goes on meals out with friends at the weekend, holidays, hobbies, shopping etc.
We could spend less and save more but we are in the middle of two big life goals and want to enjoy ourselves for a year or two and then move on to the next big saving goal.
Post # 17
helixthecat : Yeah… I wish my mortgage was only $700! Vancouver housing prices are ridiculous… My mortgage gets me a 2 bedroom condo :/
Post # 18
Post # 19
sunworshipbride : when we were in Toronto, our grocery bill was about $550-$600. I used flipp and meal planned based on sales.
Age: 28 and 32
Combined household monthly take home income: €4400 (only 1 salary as I’m not working and a student)
Rent: €2260 (I die a little inside when I think how much this is in CAD. Our rent in Toronto was $1100 cheaper)
Debt payment: €0
Cell phone/internet/cable: €62 for our cell phone plans
Health Insurance: €125 for him. I prepaid for a year in August
Gas/Water/Electric/Utilities: €17.70 for water and €34 for water tax
Discretionary (Eating out, clothing, entertainment): €400
Baby Stuff/Savings: €600
I believe that’s it. We’re buying baby stuff right now but that money is usually save and/or spent on travelling.
Once I do get a job again, my estimated salary is likely to be around €3500 or $5000 per month. My prior take home salary was $4000 so I expect a significant increase with my new degree.
Post # 20
Age: 30 & 35
Combined take home (less tax, retirement, insurance): $11,000
Bills (heat, elec, trash, internet): $260
Lawncare/cleaning help: $150-200 (less in winter)
Student loan: $450
Car loan: $375
Discretionary spending: $1200 each (gas, eating out, entertainment, clothes)
Roth IRA/Personal savings: $1700
Travel fund: $500
We are saving a lot because we chose to live in a small home, and hopefully diverting those funds to save for travel, baby and retirement.
Post # 21
Location: West Palm Beach, Florida
Combined monthly income after tax: $6250
Mortgage, HOA, internet, and utilities: $1550
Car insurance (2 cars): $300
Lease payments on my car: $150
Groceries and restaurants: $1000
Toiletries, cleaning supplies, etc: $50
Health insurance: free through our jobs (teachers)
Wedding savings: $1000
Regular savings: whatever is left, usually $1000-1500
Our wedding savings will stop in July, then our savings will jump up hopefully so we can afford a bigger house in a couple of years!
Post # 22
Net pay $6500
House payment $1200
Car insurance 500 (6 cars)
Rent on apartment $450
All utilities $350
CC & other debt $1000
Cell $225 (4 phones)
Personal discretionary $200
The rest goes to savings & misc expenses
Health insurance, health spending account, retirement, and even car payments are automatically taken out of gross automatically, so net income reflects this.
I’ve taken a huge pay cut in order to finish my master’s, and hopefully will realize a nice bump in pay by the end of the year.
Post # 23
Age 25 and 26
Location: New Jersey
Combined pay: 6720
Rent + garage : 973
Daycare: 150 (1 kid)
cell phone: 75 (2 phones)
Ez pass: 100
Car insurance :200 for 2 cars
Debt: ~ 600 ( less if we dont use our credit cards that month)
Savings: max 4000 depending on how much we have to allocate to debt
Post # 24
Location: Sacramento, CA
Combined pay: $8500, I also get a monthly bonus and my husband a quarterly bonus, we both work in sales. 1st quarter it was about $30k net, but the rest of the year it will be about $15-20k net per quarter. We take our tithe out of this, and the rest of it goes straight into savings (we are in the middle of IVF)
Electric/garbage/water: about $150 in the winter, and about $275 in the summer
Gas: about $100 in the winter and about $50 in the summer
Cable and internet: $195
Car payments: $950 (I hate these!!)
Debt: $650 for our last card we are trying to pay off (will be done in August)
Gas for car: about $200 for my husband, my work reimburses mine because I’m field based
We each have 6% taken out for 401k, as well as health insurance and our HSA accounts ($2500 for me, and $1000 for my husband).
We spend whatever is left over on groceries, eating out and entertainment. Each of us gets an “allowance” of $400/month to spend as we wish (usually clothes and hair salon for me, and guns and golf for my husband).
If we have money leftover on payday, I transfer it to our savings, IVF is expensive!!!!
Post # 25
Hello, fellow Tennessee Bee! We’re transplants from SoCal and love it! Greenery everywhere! All kinds of rivers and lakes, so much natural beauty.
Thus far, (four years), The people I have met defy the stereotypes.
Post # 26
Combined pay: between $10,600 – $11000 (I’m a contractor, sometimes I work 38 hrs, sometimes 40 pw) after student loan repayments. Employer also contributes an extra $1500 odd to retirement fund.
Food: $450 (I’m sick at budgeting and meal planning)
Health Insurance: $120
Car/Home/Pet insurance: $220
Gym memebrship: $74
Car loan/CC debt: $1,000
Phone bills/Internet: $200
Discretionary spending (incl petrol): $1,000
Public transport: $500
Savings: remaining (about $4,000 per month for the wedding)
I’m so excited for the wedding to be done so we don’t have to be so tight with our money. It’s such a fun sucker!!!
Post # 27
This place always makes me feel poor 🤣
Post # 28
Things I have taken from this thread
– groceries are really high in the US
– phone plans and internet are REALLY high in the US
Post # 29
Location: Akron, OH
Combined household monthly take home income: just over $3000 (I live by myself, but this will be closer to $6000 once I get married in September).
Rent + water: $738
Debt payment: $0
Cell phone/internet/cable: $0 (work pays for my cell phone and I dont have a TV)
Health Insurance: $55
Life Insurance: $0
Pharmacy/health: $15 (birth control)
Discretionary (Eating out, clothing, entertainment): $150
Gas for car: $50
Post # 30
zzar45 : groceries can vary wildly in the US, even within the same town. I’m just outside of Boston and I know I can buy the exact same items (and same quality) at different stores and it can be a 50% or more price difference! Lots of people don’t know HOW to grocery shop properly and they end up spending more money than they need to and/or wasting a lot of food. My weekly shop is between $50-80/week for a family of three depending on what we need that week (higher weeks are usually if there is a great sale on pantry items so I stock up until the next sale) and we have very little waste.