View Single Post
  #10 (permalink)  
Old 04-30-2008, 09:51 AM
disneysteve's Avatar
disneysteve disneysteve is online now
$ Saving Professor
 
Join Date: Jun 2006
Location: New Jersey
Posts: 5,729

Points: 43161.30
Donate
Default

I'm not sure exactly what type of feedback you are looking for, so here are my thoughts looking at your numbers. $100 for cable and internet is too high. I'd consider cutting back the cable package. We pay $11.30/month for basic and, I think, $29.95 for internet, so about $45/month total. $500/month for food for 2 people is a lot. You could definitely cut that back if you are looking for places to trim the spending.

I also agree that you need to break down those credit card bills. Some of the things you listed are recurring fixed expenses like the phone bill and the gym fee. Others are variable and overlap the "mad" money like clothing, electronics and "household stuff". So I think your budget could be a bit more specific which would help you manage the money and spending even better.

I don't know about your home, but $500 for gas/electric/water sounds awfully high, too. We pay $205/month for gas/electric and about $40 for water, so about half of what you are spending.

Overall, I think you're doing great. You have no CC debt. You are funding 401k, Roth and savings. And you have a budget and know where your money goes each month. Keep up the good work.
__________________
Steve
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
* The world is a book and those who don't travel read only one page.
Reply With Quote