Hi All,
Not sure if someone has added this here…I spent sometime this weekend and calculated all my expense in last 4 months and table looked like the below. This excludes house mortgage. This is for family of four (Couple, one school going kid and another 1 year old).
Interested to know how other families doing on this…Total average expense of $2916 per month excluding home mortgages but includes every other expenditure which has taken place in my all 6 debit/credit card including cent by cent.
Monthly Yearly
Grocery—————————————$674.06————————-$8,088.70
House(ele/water etc)——————-$565.09————————-$6,781.03
Health and Risk(one off surprise)$791.64————————-$9,499.68
Holiday—————————————$234.68————————-$2,816.18
Shopping————————————-$187.49————————-$2,249.86
Car(Rego and Petrol)——————-$156.21————————-$1,874.47
Insurance(Home/Car)———————$152.76————————-$1,833.12
Toys and Dress—————————-$96.70—————————$1,160.40
Take Away Food/Eating Out————$47.98—————————$575.74
Liquor—————————————-$9.78—————————-$117.36
Total——————————————$2,916.38———————-$34,996.54
Edit : About Me - Single income family, two homes (living and investment), no other loans than for two home loans.
Above data taken from Oct 2019 to Feb 2020
this is the killer for most
surprise you're doing well