My wife and I are in our early 40s. We’ve worked hard and we didn’t come from money. Just want to see if there is anything we’re missing as far as budgeting/saving/investments
Household income $510000
Monthlies: Mortgage $6700 (HCOL area) Property tax $2300 HOA $289 Home insurance $235 Cars $2050 (electric) Student loans $1100 Food $1700 (family of 5) Child care $1600 Misc $1500 Utilities $700 Savings $8000
We max out our 401s and we both have pensions. We have considerable side hustles but there can be burnout. We started making this kind of money last year; previously we were at $300-350k. I know I’ll get slaughtered for the cars but we used to eat tuna straight from the can with plastic forks so we need to live a little. Savings about $100k
Any feedback is appreciated.
Thanks
Submitted August 15, 2020 at 09:26PM by pesam77 https://ift.tt/345rKvY
