vhcol and that food budget? I cook half the time, and have almost double your food cost!
slpgh on
How are you paying so little in rent?
Whatever801 on
Healthy looking budget, well done.
DeathMetal007 on
I’m curious why you have savings and investments while not maxing the 401k contribution of $23,500. Not to say you shouldn’t be padding savings, but at a point savings is enough to protect between jobs. The rest would be better tax advantaged in the 401k.
3 months savings is $26,500 of your salary before tax which is right about where savings are. After tax it’s plenty.
There are more nuances but without more info I think this is the best course of action. I’m also not offering tax advice. I’m just pointing out what others have recommended to look into.
Krimmothy on
Man. This makes me feel bad, lol. My household income is about double yours, yet we’re about breaking even. Not saving much. The joys of paying for childcare lol.
Pratt2 on
Look. Your food budget including eating out is literally impossible for an adult human in the US.
7 Comments
$36 a week on groceries? How?
vhcol and that food budget? I cook half the time, and have almost double your food cost!
How are you paying so little in rent?
Healthy looking budget, well done.
I’m curious why you have savings and investments while not maxing the 401k contribution of $23,500. Not to say you shouldn’t be padding savings, but at a point savings is enough to protect between jobs. The rest would be better tax advantaged in the 401k.
3 months savings is $26,500 of your salary before tax which is right about where savings are. After tax it’s plenty.
There are more nuances but without more info I think this is the best course of action. I’m also not offering tax advice. I’m just pointing out what others have recommended to look into.
Man. This makes me feel bad, lol. My household income is about double yours, yet we’re about breaking even. Not saving much. The joys of paying for childcare lol.
Look. Your food budget including eating out is literally impossible for an adult human in the US.