Last year (2023), $57k and change for the year (post tax). So about $4,750/month.
With kids?
Ask HN: How much money do you spend each month?
11–20 of 30 posts
Re: Ask HN: How much money do you spend each month?
#12Survive vs. thrive my friend. IMO you’re surviving which … fine … but I don’t see the appeal. You even highlight that you’re not saving for retirement … doesn’t seem sustainable.
Yes, this is not a permanent situation and not end of the world. My point was it is possible to live happy lifestyle in $60k to $80k with kids in VHCOL geos.
Re: Ask HN: How much money do you spend each month?
#13I bring home $1200 a month and that’s pretty much eaten up by bills. 400 rent, 250 phone (4 people), 100 w/s/g and electric, 300 food. Once we’re past the holiday season I should be able to put away ~200/mo if I’m really good and if I can keep my student loans in forbearance. Atm I have a tiny savings that would cover two months expenses. I qualify for Medicare but it’s been 3 months trying to navigate the applicatio…
Well done. You are commendable and I give you virtual accolades. Adjusting your way of life is the path forward.
Re: Ask HN: How much money do you spend each month?
#14Just a note, add death and disability insurance. My hope is that 18 yrs from now you'll be cursing my advice since you didn't need it but life is unpredictable so you never know.
Good idea. I will look into this.
Re: Ask HN: How much money do you spend each month?
#15Umm...unless I added wrong - that ~ $5700/month, which is 68K/year. While commenable - I don't think your surviving on $60K/year ??
We do get some tax refund with kids so roughly $60k to $65k are our expenses.
Re: Ask HN: How much money do you spend each month?
#162 kids and one partner :)
Rent/Mortage 5500 (cupertino!! 1350 SFT)
Gas and Electricity : 450 (Includes electric dryer, electric stove etc, PGE is costly. Currently gas Furnace but moving to Heat pump soon)
Property tax : 2000 (Per month)
groceries : 500
Eating out/take out : 250
Lunch in office : 200
Travel/Vacations : 1000 (per month. Amortized. Yearly
Overseas to meet family plus one in summer break, one in thanksgiving plus one in fall break).
Retirement : 1800 (IRS max, per month, amortized)
Health insurance : 1000 (per month amortized)
Plumbing/House issues: 300 (per month amortized)
Gas for cars : 200
Childrens classes : 1000 (classes like soccer, chess, karate yada yada).
One cloud server : 12$ (per month)
Overseas Intern : 100 (per month)
Total (so far) : 15000 per month.
Re: Ask HN: How much money do you spend each month?
#17I haven't left the house for 2 years because we are at war. The hardest time was when there was no electricity, now (for now) there is. The internet is sagging because most people are sitting at home, people don't go out.
Food costs are very modest, less than $200 a month (for three people). Rent is up to $100 (we have our own boiler, we don't depend on state heating, and it often fails), we save electricity, media is not connected, the internet is the cheapest.
Clothes - we haven't bought any for almost 3 years. No money.
Hobbies, reading help keep us from going crazy. No work.
I really hope this fucked up thing will end soon
Re: Ask HN: How much money do you spend each month?
#18Rent + Utilities + Internet: 250
Groceries: 150
Ultimate Frisbee, Tennis, Cycling, Outdoor Gym: 0 (maybe 15 for equipment amortization)
Healthcare: 0 (well europe)
Travel + Fun: 150
No kids and GF also works, but most people even with kids live very well with a 10 to 20K net income a year here.
I have over 200k income but I just would not know how to spend more without just throwing money out of the window as most stuff is basically free. But then this is also not US but a European City
Re: Ask HN: How much money do you spend each month?
#19Rent + Utilities + Internet: 250 Groceries: 150 Ultimate Frisbee, Tennis, Cycling, Outdoor Gym: 0 (maybe 15 for equipment amortization) Healthcare: 0 (well europe) Travel + Fun: 150 No kids and GF also works, but most people even with kids live very well with a 10 to 20K net income a year here. I have over 200k income but I just would not know how to spend more without just throwing money out of the window as most st…
Would you mind saying in which country this is ?
Re: Ask HN: How much money do you spend each month?
#20Rent + Utilities + Internet: 250 Groceries: 150 Ultimate Frisbee, Tennis, Cycling, Outdoor Gym: 0 (maybe 15 for equipment amortization) Healthcare: 0 (well europe) Travel + Fun: 150 No kids and GF also works, but most people even with kids live very well with a 10 to 20K net income a year here. I have over 200k income but I just would not know how to spend more without just throwing money out of the window as most st…
> Rent + Utilities + Internet: 250
Is there a zero missing on the end of that? :)
Actually, that'd be quite high depending on where in Europe you are, but then 250 seems absurdly low.
Curious to hear which city you're in.