xp: could you live on this budget

[sallywalker]

Is there an EFund?

[vicky]

bullshit.

[knx9211]

Jan 19, 2016 12:45:43 GMT -5 toledo said:

Where does this family live that rent AND utilities for a family of four is only 660?

I wondered this same exact thing. I should move there.

I guess I don't understand the question. Yes, you can live on this if the prices are reasonable for your area? This budget would never work for us because we live near a city.

[scottyderp]

I mean, it's a tight budget. 

[Deleted]

where does gas fall? is that under maintenance or something else?

[Deleted]

Income?

[ECB]

Yeah, I don't understand what you're asking either.

For my area, rent alone - no, I couldn't live on that budget.

[W.T.Faulkner]

What is a "somewhat hypothetical family?"

I think you're missing a couple of things here (utilities, emergency fund, etc.)

[Deleted]

And no, I couldn't, because this is completely unrealistic where I live. Rent would be $1400, daycare $1100...

[W.T.Faulkner]

Now I'm dreaming about how amazing my life would be if rent were only $660.

[illgetthere]

Jan 19, 2016 12:44:54 GMT -5 @beachbella said:

Before I answer, are these expenses realistic where you live? Is this something your need to do for debt management or are you just asking to set yourselves up well?

Expenses can be realistic, but we are unsure if we want to cut this much. This budget is our one income budget since I am being laid off. We are considering keeping it long term and saving my (hopefully) future income with a small portion going to a housekeeper and trying for relatively early retirement.

[snipsnsnails]

Umm, am I missing the income?

[illgetthere]

Jan 19, 2016 12:45:43 GMT -5 toledo said:

Where does this family live that rent AND utilities for a family of four is only 660?

Words were tweaked for the hypothetical family. Actual are it's a paid off house and includes home maintenance,  tax and insurance, and utilities.

[vicky]

any place I can think of rent is at least 3x as much for a ONE BEDROOM.

maybe i'm jaded.

[W.T.Faulkner]

Jan 19, 2016 12:50:52 GMT -5 illgetthere said:

Jan 19, 2016 12:45:43 GMT -5 toledo said:

Where does this family live that rent AND utilities for a family of four is only 660?

Words were tweaked for the hypothetical family. Actual are it's a paid off house and includes home maintenance,  tax and insurance, and utilities.

That "tweaking" completely altered the question, though!

[illgetthere]

Jan 19, 2016 12:46:51 GMT -5 knx9211 said:

Jan 19, 2016 12:45:43 GMT -5 toledo said:

Where does this family live that rent AND utilities for a family of four is only 660?

I wondered this same exact thing. I should move there.

I guess I don't understand the question. Yes, you can live on this if the prices are reasonable for your area? This budget would never work for us because we live near a city.

I'm wondering more about the spending parts of the budget. As I said, somewhat hypothetical family.

[Deleted]

You're about to be laid off and you're focused on early retirement and a housekeeper?

[sallywalker]

LOL.

[Deleted]

WHAT IS YOUR FUCKING INCOME?

[W.T.Faulkner]

Jan 19, 2016 12:52:36 GMT -5 mofongo said:

Jan 19, 2016 12:51:44 GMT -5 W.T.Faulkner said:

That "tweaking" completely altered the question, though!

What was tweaked?

Original question:  Rent was $660.
Actual situation:  House is paid off, and $660 is taxes, maintenance, and utilities.

To me, this is akin to:

Original question:  Could you afford a $1000 car payment?
Actual situation:  You have $1000 left on your car loan.

[revolution]

Jan 19, 2016 12:52:05 GMT -5 @aliciaroset said:

440/mo to feed four people is pretty tight.

This has me stuck too. Is this $440 for 4 people for 3 meals a day each?

[knx9211]

Jan 19, 2016 12:52:57 GMT -5 illgetthere said:

Jan 19, 2016 12:46:51 GMT -5 knx9211 said:

I wondered this same exact thing. I should move there.

I guess I don't understand the question. Yes, you can live on this if the prices are reasonable for your area? This budget would never work for us because we live near a city.

I'm wondering more about the spending parts of the budget. As I said, somewhat hypothetical family.

I mean.. I guess. What pet care is $100 a month? Do you need to dine out? $440 seems reasonable for groceries, I guess. This is all just sort of open ended for me. There are places to cut, obviously, is that what you're asking? Or asking if we'd be able to deal with this?

If this is what my income allowed, I guess that I would HAVE to deal with it?

[wannabe]

i die at the idea of these dollar figures in southern california.

[snipsnsnails]

Ok, regardless of income, no, several areas like activties and entertainment seem low for a family of 4.

[Deleted]

Jan 19, 2016 12:52:57 GMT -5 illgetthere said:

Jan 19, 2016 12:46:51 GMT -5 knx9211 said:

I wondered this same exact thing. I should move there.

I guess I don't understand the question. Yes, you can live on this if the prices are reasonable for your area? This budget would never work for us because we live near a city.

I'm wondering more about the spending parts of the budget. As I said, somewhat hypothetical family.

Huh? You make no sense. Why are making a post about a 'somewhat hypothetical' family? Just cut the bs and get down to the facts.

What is your monthly income?

[jeaniebueller]

I live in the land of cheap daycare and still spend over $400 a month.

[sallywalker]

This went from me thinking this family was living in a tiny ass apartment trying to make ends meet to them living in a paid off house with a housekeeper.

[dojo]

$101 per week on groceries seems quite tight for a family of four, at least based on grocery prices in my area. I could probably make it work in the short term by using inexpensive processed foods, but I don't know if it would be sustainable long term.

[scottyderp]

I thought these costs totaled the income? Anyway, where's my condom budget? Because that is massive. Add my red wine budget, my therapy budget, my JC Penney hot clothing budget, and I'm living in a box.

[Deleted]

I think $110 per week for a family of 4 is kinda low, but I guess it depends on how cheap groceries are in your area. I can maybe get away with spending $200 per week, and even then I'm still running to the store for milk and fruit a few times per week.