Sample Budget For Family Of 4
The smiths have a 4 year old daughter and a 2 year old son and both just turned 30 themselves.
Sample budget for family of 4. At the time we lived in wichita kansas and owned our home a 1600 sq. Sample budget for a family of 3 or 4 a lot of a family s costs are fixed costs. It was our actual monthly budget for 2006. This is substantially less than the liberal food plan which came out to 1 093 for a family of four for a month.
Many people doubted this was even possible. The budgets estimate community specific costs for 10 family types one or two adults with zero to four children in all counties and metro areas in the united states. 3 bedroom 2 bath bi level on 1 2 acre. Our one income budget for our family of four.
Typical budget for a family of four understand cost of living. Actually let s make that a labradoodle this isn t the 90 s. Here is a sample monthly budget. Read my full disclosure for more info.
It was based on a total after tax income of 2486 00 per month. The smith family is your typical american single income household with 2 kids and a golden retriever. March 24 2014 by jessi fearon 85 comments there is an updated version of this post for 2015. I had requests to put together a budget for a family in the middle to upper middle class.
Calculate your cost of living. Utilities 10 lights gas water trash pick up and sewer groceries 12 20. It is possible because i based the data from friends and family members that live on this amount. Today s ideal budget is the smith family.
According to the usda s center for nutrition policy and promotion the average expenditure for a low cost meal plan for a family of four in the united states was 731 20 in late 2017. The following is the percentage of your income you should be spending on each vital area. Our one income budget for our family of four. Like i said typical.
Mortgage like power garbage will all stay pretty similar. This post may contain affiliate links. A few months ago i put together a budget for a family person living on 46 000 a year here in california. Just adjust my budget to fit your numbers.
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