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What is your monthly budget
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Poll

What are your monthly expenses?
<2k  
 5%  [ 7 ]
$2,000-4,000  
 19%  [ 26 ]
$4000-6000  
 20%  [ 27 ]
$6000-8000  
 18%  [ 25 ]
$8000-10,000  
 12%  [ 17 ]
$10,000-12,000  
 8%  [ 11 ]
$12,000-14,000  
 5%  [ 8 ]
$14,000-16,000  
 1%  [ 2 ]
$16,000-18,000  
 3%  [ 5 ]
$18,000-20,000  
 2%  [ 3 ]
$20,000+  
 2%  [ 3 ]
Total Votes : 134


amother




Slateblue
 

Post Sun, Jul 25 2021, 11:10 pm
love food wrote:
Family of 5
6,000- 8,000
2 teenagers and a 3 year old


hey, "love food"
how much of your spending is on food? LOL
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amother




Natural
 

Post Sun, Jul 25 2021, 11:18 pm
amother [ Burlywood ] wrote:
Family of 7
RBS Israel
$12-14k

Mortgage $2500
Car $1000
Food 5-6k

Wow food is CRAZY in Israel!! Those are American prices? Yikes.
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amother




Natural
 

Post Sun, Jul 25 2021, 11:26 pm
Based on housing, tuition, and kosher food, I really expected these responses to be higher. Tuitions alone in many areas can run higher than some of these monthly budgets.
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amother




Hyacinth
 

Post Sun, Jul 25 2021, 11:29 pm
2 adults and 6 kids living in NY and expenses are $12,000-$14,000/month.
Mortgage and taxes- $3000
Tuition/childcare- $5,500
Food- about $1,500-$2,000
Therapy for one child- $800
Cleaning help- $600
Utilities (cell phone/water/electric/gas/internet)- $750
Car payments- $250
Insurance (home and car)- $300
Miscellaneous expenses such as shoes, clothes,, y"t expenses, birthday presents, household products (detergent, paper goods) etc. fluctuate but add at least several hundred every month.

Honestly, writing it all out makes me realize just how insane it is that we spend so much each month! When we first got married we lived on under $2,000 a month! And most of these expenses are not even things we can cut down on. We don't live in a big or fancy/updated house, we already get a break on tuition, most of my kids clothes are hand me downs (b"h I have 2 or 3 really good sources for hand me downs), food prices have skyrocketed to the point where even with the food boxes we get I'm still spending more at the grocery store than I did pre-covid and pre food boxes. Living a frum life if the NY area is just crazy expensive!
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amother




Burlywood
 

Post Sun, Jul 25 2021, 11:33 pm
amother [ Natural ] wrote:
Wow food is CRAZY in Israel!! Those are American prices? Yikes.

My older children eat A LOT
And insist on many american products and lots of take out and convenience food.
OTOH, tuition is negligible.
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amother




Seafoam
 

Post Mon, Jul 26 2021, 12:16 am
amother [ Natural ] wrote:
Wow food is CRAZY in Israel!! Those are American prices? Yikes.


This must be a mistake. There's no way someone is spending over 16000 shekel a month on food even with American products and take out. And if it is true its definitely not the norm. I would say for that size family it would be between 5000-10000 depending.
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amother




Cobalt
 

Post Mon, Jul 26 2021, 12:22 am
amother [ Seafoam ] wrote:
This must be a mistake. There's no way someone is spending over 16000 shekel a month on food even with American products and take out. Correct me if I'm wrong.


I assume she means 5-6k shekel. We spend about that, and we're usually 10 adults every shabbos (2-4 people home during the week), eating well.
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amother




Opal
 

Post Mon, Jul 26 2021, 1:05 am
What would be your monthly budget for 2 kids living in Manchester England??
[b]
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amother




Burlywood
 

Post Mon, Jul 26 2021, 1:46 am
amother [ Seafoam ] wrote:
This must be a mistake. There's no way someone is spending over 16000 shekel a month on food even with American products and take out. And if it is true its definitely not the norm. I would say for that size family it would be between 5000-10000 depending.

Way.
We spend over 17k shekel on food; groceries plus take out.
You have no idea the ages of my kids or our lifestyle. Why are you so sure it's a mistake?

I don't have little kids.
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amother




DarkGray
 

Post Mon, Jul 26 2021, 8:35 am
Family size of 7:
I would say abt 10k-11k monthly. Don’t live fancy at all.
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amother




Mocha
 

Post Mon, Jul 26 2021, 8:47 am
amother [ Opal ] wrote:
What would be your monthly budget for 2 kids living in Manchester England??
[b]


I was going to say 2.5k
But I’m realising we spend more.

£800 mortgage
£650 school fees
£500 bills
£1000 food, groceries, takeout…

Tzedaka, holidays, cars, renovations and upkeep…
I don’t know what these cost monthly.

What about you?
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amother




Trillium
 

Post Mon, Jul 26 2021, 8:58 am
Family of 4
Expenses around $5K, not including what is taken from paycheck before it gets to us (most of health-related insurance, transportation to work)

housing $2100
childcare/tuition $1500 (soon increasing to $2300)
maaser $500
something extra (like a restaurant meal, gifts for us) $50
everything else monthly $500
(Breakdown of "everything else": utilities $100, gas $50, food $150-350, etc)
The rest (I guess $400 according to this, which is all approximate anyway) would be for non-monthly expenses (a small vacation, car repairs, home insurance-whatever we need-and the rest goes to savings)
The range for food costs is based on the free food we get now, in "food boxes", how good the sales were, etc.
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banana split




 
 
 
 

Post Mon, Jul 26 2021, 6:04 pm
amother [ Natural ] wrote:
Based on housing, tuition, and kosher food, I really expected these responses to be higher. Tuitions alone in many areas can run higher than some of these monthly budgets.

Yes I’m extremely surprised as well.
NY area around 20k a month
Four kids all in school
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