So as you all know, there as been a lot of noise on the news about our tanking stock market. Times are tough and people are seeing their capital gains disappear. I recently took another look at my monthly expenses and I found that I had over $1700 in fixed costs (not including food). These costs include my mortgage, home owner dues, Internet, cable, cell, energy, gas and car insurance. This is an insane amount of money if you think about it, because after I include my food (I buy lunch every day) - Thus I can easily spent over $2000 a month on basic necessities.
My friend says that's really cheap but I just watched a family of 6 live on $58K a year and have $70K in savings with little credit card debt. That's amazing!
All this financial chaos has made me be a little more aware of how I spend my money. What are you all spending a month?
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Mortgage + light bill + cable internet + car insurance + cell phone + gym membership + mani/pedis + food + gas + extras = $2000/monthly bills.
And I'm probably underestimating the "extras".
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