How does your budget compare?

[wa3zrm]

Here's the painstakingly detailed budget of a couple that earns nearly $15,000 a month [after taxes]

McManus is a mechanical engineer and his wife Mairee is a surgical physician's assistant, as well as the primary earner. He breaks out his budget by week. In 2014, they brought home an average after-tax household income of $14,735 a month.
In the chart below, check out their average monthly spending for 2013, 2014, and predicted for 2015. Note that these are averages, so a single month isn't depicted.




(Excerpt) Read more at finance.yahoo.com ...

[Andy105]

$575 per month for entertainment? Strippers?

[Skell18]

the 2013 car insurance is more than I pay for a whole year! A grand a month on food?? What are they eating??

[wa3zrm]

the 2013 car insurance is more than I pay for a whole year! A grand a month on food?? What are they eating??

Believe it or not - that's reasonable insurance for two newer cars here... especially if they live in a large city like BOSTON, NY, Chicago or LA. I pay $650 a year for a 2010 Suburu and I live in an urban market... if I lived in a big city, I'd be paying around $1700 for one year of coverage on one car! And, as far as the food goes... that also depends on where you live here too. At one point of my life, I lived in the Cherry Hill area of NJ (between Camden and Philly)... you won't believe the prices on everything there. Hell that was almost 20 years ago and they were paying burger flippers $8 an hour! Bottom line, where you live over here is directly related on how much things cost.

[Skell18]

Believe it or not - that's reasonable insurance for two newer cars here... especially if they live in a large city like BOSTON, NY, Chicago or LA. I pay $650 a year for a 2010 Suburu and I live in an urban market... if I lived in a big city, I'd be paying around $1700 for one year of coverage on one car! And, as far as the food goes... that also depends on where you live here too. At one point of my life, I lived in the Cherry Hill area of NJ (between Camden and Philly)... you won't believe the prices on everything there. Hell that was almost 20 years ago and they were paying burger flippers $8 an hour! Bottom line, where you live over here is directly related on how much things cost.

Lots similar here too, but I have never paid more than £500 a year for car insurance, even when I lived in a city, and my cars have always been in the highest or upper insurance groups! I can insure a Ferrari 458 for £800 a year (limited mileage though up to 6k miles a year). I probably spend more on booze a month than food though :-)