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Updated - Monthly Expenses - 2kids - owning house


Kurrodu1

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3 minutes ago, Kurrodu1 said:

Recent ga parents vachi vellaru. Aa bills anni monthly average chesi chooskunna. 

Inflation increased lot of expenses. Second baby coming soon. 

2bed 2bath asalu saripotledu. illu konalsinde with 2nd baby arrival.

2nd baby tho mini van teskovali, 5 seater not enough when parents come.

4bed 3bath 2500sqft new homes costing around 650k.

Excluding Trips in USA :

India ticket    - 1000 (8tickets per year $1500 each)
Parents insurance  -  240 (2 * 120)
Mortgage  -  5000.00
Power   -  300.00
water trash bill  -   100.00
Grocery   -  750.00
Restaurants  -  500.00
Phone bill   -  100.00
Internet   -  60.00
Car EMI   -  500.00
Car Insurance  -   140.00
Car gas   -  75.00
gym   -  25.00
Misc Bills  -   500.00
Health Insurance   -  400.00
Kids daycare   -  2500.00

 

Total per monty - 12190

Yearly expenses after taxes - 146280

#$1silent_I1

Pichakayal pack. Single salary aithe no new construction home possible. 

Wife tho share chesa expenses, wife motivated to find job after delivery.

Looks realistic. good job.

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6 minutes ago, Kurrodu1 said:

Recent ga parents vachi vellaru. Aa bills anni monthly average chesi chooskunna. 

Inflation increased lot of expenses. Second baby coming soon. 

2bed 2bath asalu saripotledu. illu konalsinde with 2nd baby arrival.

2nd baby tho mini van teskovali, 5 seater not enough when parents come.

4bed 3bath 2500sqft new homes costing around 650k.

Excluding Trips in USA :

India ticket    - 1000 (8tickets per year $1500 each)
Parents insurance  -  240 (2 * 120)
Mortgage  -  5000.00
Power   -  300.00
water trash bill  -   100.00
Grocery   -  750.00
Restaurants  -  500.00
Phone bill   -  100.00
Internet   -  60.00
Car EMI   -  500.00
Car Insurance  -   140.00
Car gas   -  75.00
gym   -  25.00
Misc Bills  -   500.00
Health Insurance   -  400.00
Kids daycare   -  2500.00

 

Total per monty - 12190

Yearly expenses after taxes - 146280

#$1silent_I1

Pichakayal pack. Single salary aithe no new construction home possible. 

Wife tho share chesa expenses, wife motivated to find job after delivery.

Single income and my salary 600k  buying home next year and try for a job with min hourly rate 95$/hr . nee wife ni job pamputhe 6 month bench 3 month job and it will balance makeup and day care no use

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2 minutes ago, AFDB__REBEL said:

nuvvu india prati year velthuva? great

Kudirthe vellali anukuntam kada. Doesn't hurt to include in budget. okavela tesesina 5k taggutundi per year.

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3 minutes ago, Realityy said:

Single income and my salary 600k  buying home next year and try for a job with min hourly rate 95$/hr . nee wife ni job pamputhe 6 month bench 3 month job and it will balance makeup and day care no use

Good for you.

Day care no use ela? iddaru job chestu 2 kids ni ela handle chestaru?

Kids ni home lo unchithe phone or tv pattukuni koorchuntaru.

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1 minute ago, Galactus said:

Mortgage 5k is stupidity with single job unless you are making > 300k. Even then it’s what I would call house poor as take home would be lower if you don’t consider rsus, not a good way to live life.

 Rent a decent 3 beds or 4 beds and save 2k easily.

India every year 8 tickets is not believable, every other year makes sense I guess as both parents won’t come at same time and you won’t also go every year.

 It looks like you are creating financial problems for yourself with these expenses.

Single salary tho new home konalem anekada annadi. 

Nuvvu 3bed or 4 bed home rent teskunna 3k pedatav. New home teskunte aa mortgague lo 1.5k principal ki velthundi. balances out. same .

Flights aithe just budgetting kosam petta. Like In-laws vachi 6months, Parents 6months, If you can make a trip every year with your kids. But yes not realistic for it to happen. 

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22 minutes ago, Kurrodu1 said:

Recent ga parents vachi vellaru. Aa bills anni monthly average chesi chooskunna. 

Inflation increased lot of expenses. Second baby coming soon. 

2bed 2bath asalu saripotledu. illu konalsinde with 2nd baby arrival.

2nd baby tho mini van teskovali, 5 seater not enough when parents come.

4bed 3bath 2500sqft new homes costing around 650k.

Excluding Trips in USA :

India ticket    - 1000 (8tickets per year $1500 each= 8*1500/12)
Parents insurance  -  240 (2 * 120)
Mortgage  -  5000.00
Power   -  300.00
water trash bill  -   100.00
Grocery   -  750.00
Restaurants  -  500.00
Phone bill   -  100.00
Internet   -  60.00
Car EMI   -  500.00
Car Insurance  -   140.00
Car gas   -  75.00
gym   -  25.00
Misc Bills  -   500.00
Health Insurance   -  400.00
Kids daycare   -  2500.00

 

Total per month - 12190

Yearly expenses after taxes - 146280

#$1silent_I1

Pichakayal pack. Single salary aithe no new construction home possible. 

Wife tho share chesa expenses, wife motivated to find job after delivery.

Covid starting lo home konnollu minted gold. low interest rates and good price ki illu konnaru

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30 minutes ago, Kurrodu1 said:

Recent ga parents vachi vellaru. Aa bills anni monthly average chesi chooskunna. 

Inflation increased lot of expenses. Second baby coming soon. 

2bed 2bath asalu saripotledu. illu konalsinde with 2nd baby arrival.

2nd baby tho mini van teskovali, 5 seater not enough when parents come.

4bed 3bath 2500sqft new homes costing around 650k.

Excluding Trips in USA :

India ticket    - 1000 (8tickets per year $1500 each= 8*1500/12)
Parents insurance  -  240 (2 * 120)
Mortgage  -  5000.00
Power   -  300.00
water trash bill  -   100.00
Grocery   -  750.00
Restaurants  -  500.00
Phone bill   -  100.00
Internet   -  60.00
Car EMI   -  500.00
Car Insurance  -   140.00
Car gas   -  75.00
gym   -  25.00
Misc Bills  -   500.00
Health Insurance   -  400.00
Kids daycare   -  2500.00

 

Total per month - 12190

Yearly expenses after taxes - 146280

#$1silent_I1

Pichakayal pack. Single salary aithe no new construction home possible. 

Wife tho share chesa expenses, wife motivated to find job after delivery.

very realistic and actual scenario!

ba, why mortgage is 5k per month, is it due to high interest rate?

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32 minutes ago, Kurrodu1 said:

Recent ga parents vachi vellaru. Aa bills anni monthly average chesi chooskunna. 

Inflation increased lot of expenses. Second baby coming soon. 

2bed 2bath asalu saripotledu. illu konalsinde with 2nd baby arrival.

2nd baby tho mini van teskovali, 5 seater not enough when parents come.

4bed 3bath 2500sqft new homes costing around 650k.

Excluding Trips in USA :

India ticket    - 1000 (8tickets per year $1500 each= 8*1500/12)
Parents insurance  -  240 (2 * 120)
Mortgage  -  5000.00
Power   -  300.00
water trash bill  -   100.00
Grocery   -  750.00
Restaurants  -  500.00
Phone bill   -  100.00
Internet   -  60.00
Car EMI   -  500.00
Car Insurance  -   140.00
Car gas   -  75.00
gym   -  25.00
Misc Bills  -   500.00
Health Insurance   -  400.00
Kids daycare   -  2500.00

 

Total per month - 12190

Yearly expenses after taxes - 146280

#$1silent_I1

Pichakayal pack. Single salary aithe no new construction home possible. 

Wife tho share chesa expenses, wife motivated to find job after delivery.

Bro in which state you’re paying 400$ health insurance… for a family of 4 I almost 1200-1500 per month for top quality health insurance… 

I can relate to your post… bough a house last year, recent had second kid, single income, planning to buy a 7 seater… jus sailing anthe… hopefully I’ll find second job…

 

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37 minutes ago, Kurrodu1 said:

Recent ga parents vachi vellaru. Aa bills anni monthly average chesi chooskunna. 

Inflation increased lot of expenses. Second baby coming soon. 

2bed 2bath asalu saripotledu. illu konalsinde with 2nd baby arrival.

2nd baby tho mini van teskovali, 5 seater not enough when parents come.

4bed 3bath 2500sqft new homes costing around 650k.

Excluding Trips in USA :

India ticket    - 1000 (8tickets per year $1500 each= 8*1500/12)
Parents insurance  -  240 (2 * 120)
Mortgage  -  5000.00
Power   -  300.00
water trash bill  -   100.00
Grocery   -  750.00
Restaurants  -  500.00
Phone bill   -  100.00
Internet   -  60.00
Car EMI   -  500.00
Car Insurance  -   140.00
Car gas   -  75.00
gym   -  25.00
Misc Bills  -   500.00
Health Insurance   -  400.00
Kids daycare   -  2500.00

 

Total per month - 12190

Yearly expenses after taxes - 146280

#$1silent_I1

Pichakayal pack. Single salary aithe no new construction home possible. 

Wife tho share chesa expenses, wife motivated to find job after delivery.

uncle 2 kids unte 2 cars kavali recently bought a minivan emi is 800 per month uncle just on minivan, 2nd car is 600. Both are Honda not even luxury or high end models. You under estimated food / groceires uncle naku 1500 avutnhdi neeku asalu 750 lo ela aipotundhi?

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8 minutes ago, pandu123b said:

very realistic and actual scenario!

ba, why mortgage is 5k per month, is it due to high interest rate?

yes interest rate 6.2 meda vachindi aa rate. If interest rate 3.5 4k lo aipoyedi

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6 minutes ago, DJBravo said:

Bro in which state you’re paying 400$ health insurance… for a family of 4 I almost 1200-1500 per month for top quality health insurance… 

I can relate to your post… bough a house last year, recent had second kid, single income, planning to buy a 7 seater… jus sailing anthe… hopefully I’ll find second job…

 

Full time ki ma company lo 200 per paycheck cut avtundi. Company benefit anuko.

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