The cost of dallas dream

[yemdoing]

7 hours ago, Telugodura456 said:

For a 2 kid family

a)Mortgage/tax/insurance costs for 1.5 mill house already works out to 11k

b)Two car loan plus insurance plus fuel - $3k (I assumed total loan of 140k  for 5 years- one GLE and other x5)

c)Utlities - 1500 (gas/elect/phonebill/internetbill/trash/fire/sewage gatra - its a largehouse)

d)Kids non-school tuition for swim lessons/soccer/tennis/yoga etc - $2k

e)Groceries plus eating out - 2k

f)White goood purchases such as decoration items, media and electronic items, media room items, basement items, whitegoods gifts - $3k (total 36k per year)

g) 2 vacations -total cost 24k - so 2k per month

h) incidentals - 1k

i)Home improvement costs - 1k

Total around 27k

Earnings needed - 324k Plus another 100k taxes = 424k, plus another 50k savings = 474k

So a two income family each making 250k and who have saved up enough for house deposit, closing costs, move in furniture can enjoy their dallas dream with these incomes.

Inko sunna add cheyyalsindhi prati item ki .
This is top 1% Dallas desis budget . 
 

typical desi family avg family earning is less than $150k in Dallas . 

[Telugodura456]

Yendhi mana forum reaction itta unnai.

I thought this is a rich forum - adhi kooda trolling ena.

Every number i gave is reasonable and goes along with buying a 1.5 million house - which is not unususal among desis.

You cant stay in a house like that and drive a camry/accord. GLE and X5 are standard upper middle class cars now.

when all nieghboring kids are taking swim lesson and tennis lessons(costly) you cant keep your kid at home.

Once again forum proved to be troll forum (majority of reactions are ofcourse from jaffas who NEVER have any cdredibility)

[Telugodura456]

Infact many of the costs i gave are at lower end. Tennis coaching easily goes to 750 per kid per month. Soccer 240 or so and then siwmming, these days dance and gym. but i rounded at 1k per kid.

Same with cars - if you go by current interest - car payment alone comes at 3k plus. Not including fuel, insurance etc. But i rounded off at 3k.

[Telugodura456]

LOl at cheap asses of the forum. Especially @Android_Halwa and @Ryzen_renoir

[Thantrik]

8 hours ago, Telugodura456 said:

For a 2 kid family

a)Mortgage/tax/insurance costs for 1.5 mill house already works out to 11k

b)Two car loan plus insurance plus fuel - $3k (I assumed total loan of 140k  for 5 years- one GLE and other x5)

c)Utlities - 1500 (gas/elect/phonebill/internetbill/trash/fire/sewage gatra - its a largehouse)

d)Kids non-school tuition for swim lessons/soccer/tennis/yoga etc - $2k

e)Groceries plus eating out - 2k

f)White goood purchases such as decoration items, media and electronic items, media room items, basement items, whitegoods gifts - $3k (total 36k per year)

g) 2 vacations -total cost 24k - so 2k per month

h) incidentals - 1k

i)Home improvement costs - 1k

Total around 27k

Earnings needed - 324k Plus another 100k taxes = 424k, plus another 50k savings = 474k

So a two income family each making 250k and who have saved up enough for house deposit, closing costs, move in furniture can enjoy their dallas dream with these incomes.

474k ki 100k taxes anthe na? 30% bracket vesukunna 120k untundi kada

[kevinUsa]

8 hours ago, Telugodura456 said:

For a 2 kid family

a)Mortgage/tax/insurance costs for 1.5 mill house already works out to 11k

b)Two car loan plus insurance plus fuel - $3k (I assumed total loan of 140k  for 5 years- one GLE and other x5)

c)Utlities - 1500 (gas/elect/phonebill/internetbill/trash/fire/sewage gatra - its a largehouse)

d)Kids non-school tuition for swim lessons/soccer/tennis/yoga etc - $2k

e)Groceries plus eating out - 2k

f)White goood purchases such as decoration items, media and electronic items, media room items, basement items, whitegoods gifts - $3k (total 36k per year)

g) 2 vacations -total cost 24k - so 2k per month

h) incidentals - 1k

i)Home improvement costs - 1k

Total around 27k

Earnings needed - 324k Plus another 100k taxes = 424k, plus another 50k savings = 474k

So a two income family each making 250k and who have saved up enough for house deposit, closing costs, move in furniture can enjoy their dallas dream with these incomes.

konchem realistic ga rayi bro 

[kevinUsa]

41 minutes ago, Telugodura456 said:

Infact many of the costs i gave are at lower end. Tennis coaching easily goes to 750 per kid per month. Soccer 240 or so and then siwmming, these days dance and gym. but i rounded at 1k per kid.

Same with cars - if you go by current interest - car payment alone comes at 3k plus. Not including fuel, insurance etc. But i rounded off at 3k.

memu tennis coaching pampamu only Kumon 

[Telugodura456]

12 minutes ago, Thantrik said:

474k ki 100k taxes anthe na? 30% bracket vesukunna 120k untundi kada

Texas zero taxes. Federal taxes 20 plus something untai because 401k etc savings and stuff.

[shaktimaan]

8 hours ago, Telugodura456 said:

For a 2 kid family

a)Mortgage/tax/insurance costs for 1.5 mill house already works out to 11k

b)Two car loan plus insurance plus fuel - $3k (I assumed total loan of 140k  for 5 years- one GLE and other x5)

c)Utlities - 1500 (gas/elect/phonebill/internetbill/trash/fire/sewage gatra - its a largehouse)

d)Kids non-school tuition for swim lessons/soccer/tennis/yoga etc - $2k

e)Groceries plus eating out - 2k

f)White goood purchases such as decoration items, media and electronic items, media room items, basement items, whitegoods gifts - $3k (total 36k per year)

g) 2 vacations -total cost 24k - so 2k per month

h) incidentals - 1k

i)Home improvement costs - 1k

Total around 27k

Earnings needed - 324k Plus another 100k taxes = 424k, plus another 50k savings = 474k

So a two income family each making 250k and who have saved up enough for house deposit, closing costs, move in furniture can enjoy their dallas dream with these incomes.

em kottinav anna night. Jara chepparaadu night chill aitam 

[Telugodura456]

9 minutes ago, kevinUsa said:

konchem realistic ga rayi bro 

which is not realistic - tennis coaching ? do you know how many people do that ?

[kevinUsa]

1 minute ago, Telugodura456 said:

which is not realistic - tennis coaching ? do you know how many people do that ?

not to be harsh on you but,

1.5MN ante em paisal chetlaku kastaya ?

 

[Telugodura456]

1 minute ago, kevinUsa said:

not to be harsh on you but,

1.5MN ante em paisal chetlaku kastaya ?

 

Thats the basic assumption of my post. 1.5 million house in dallas is not uncommon really - i saw plenty of desis there. They sell an existing house with some 200k profit - put in another 100k savings and make the 20% down payment. antha rare emi kaadhu.

My post is really meant for upper middle class people in dallas for whom 1.5 mill mortgage is within reach. Thats why i called it "dallas dream".

[Telugodura456]

Bascially i gave you guys insights in to expenses of people living that lifestyle.

Okka thanks kooda ledhu trolling thappa. 🤦‍♂️

[tokkalogola]

8 hours ago, FrustratedVuncle said:

Hollywood levil lo unnai ne expenses. Ee ooru annai nedi

Dream ani already cheppadu kada

[Vaaampire]

@csrcsr @Spartan

just imagine bayarea in place of dallas.. we are very poooor.