Greetings,
I am trying to come up with a financial plan for my paycheck, and I could use some of your insight and wisdom. Here is my situation -
- 34 years old. Married. No kids.
- Monthly take home pay - $3481. Contributing 23% to 401k. Very close to reaching the max for the year.
- Mortgage - None. Home paid off.
- Roth IRA contribution - $460 (maxed it out for 2017, this is preparing for 2018)
- Property taxes + Home insurance - $440
- I have $30,000 in cash in a "high yeild" savings account.
- Wife gets paid around $1200 per month, and we use that for all the bills.
So given this situation,
- With my $2581, how much should I allocate for after tax invesnting, savings in cash, and fun money?
I understand that fun money is subjective, but I wanted to get your take on it. I want to set aside some money each month for fun. I lost the ablity to have fun in life, and I want to change that. Your insight would be much appreciated.
Thanks!
Submitted March 01, 2017 at 08:26AM by minimalistgamer http://ift.tt/2mdm0e4
