4 ms·

> only about $67k/year. Which is >100k/year before tax which is well above median household earnings.

• TylerE 4y ago
  Not to mention I see no mention of healthcare costs. I - a single 30-something with some chronic issues, easily spend $5k on healthcare a year - more if I get hospitalized, which has happened 3 times in the decade. That’s not even counting the portion that comes out of my check.
  • FreakLegion 4y ago
    What kind of answer are you looking for? There are people who live on less than $40k without even meaning to. It's not an outrageous number, but sure, would be harder with chronic health issues and so-so insurance.
• kthejoker2 4y ago
  Right, but we're also an above median family size (again: 4 kids.) I could easily drop 20-25k from that spending if we didn't have kids - in fact, at the time I had my first kid, my mortgage was $24k/year, my bills were nearly 40% lower than they are now, and I didn't track food and clothes budgets back then but even if they were 80% of present day levels (I suspect it was much lower) that'd put us right around $40k/year. But I also am on the real estate property ladder, so I think it'd be foolish for me to spend any less of our income on our housing than I do, so counting it as pure "expenditure" is a bit misleading. Also since someone asked this year I paid $2,200 in healthcare distributions on top of $750 annual premiums.
  • rr808 4y ago
    Thanks for putting all the numbers down its always interesting. I'm jealous and scared of having 4 kids. :)