Money Matters
colex
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
our budget
I'm a lurker, I live in a HCOL area and would like some advice, FI and I are moving in together in March and have put together a preliminary budget:
Nomeclature expenses Income Monthly After Expenses Savings after savings
rent 1,200.00 4601.16 $ 1,098.51 600 $ 498.51
phone 120.00
bus 45.00
car 187.15
student1 241.47
student2 366.04
wedding 400.00
gas 45.00
netflix 7.99
furniture 30.00
food 350.00
utilities 120.00
entertaintment 300.00
fios 90.00
TOTAL EXPENSES $ 3,502.65
--He carpools into work but likes to keep money aside just incase his carpool isn't available. Most days I walk to work but do drive in the case of bad weather (that's why our gas bill is so low, I fill up once a month)
-- Some of the extra money a month is going to go towards wedding and honey moon, I want to keep it available right now just in case something in our budget doesn't pan out as planned
-My student loans will remain like this for another 2 1/2 years until I get loan forgiveness for being a spec. ed. teacher, they will reduce by 17,000, I currently owe over 60,000, after that I will consolidate both of them. Both loans have a 6% interest rate
- I get paid extra (it varies per month) for working lunch duty, that takes care of my clothing budget as well as some other nominal expenses such as bday gifts.
Re: our budget
-Personal care/household supplies
-Retirement
-Health Insurance
-Car insurance
-Life insurance
-Car maintenance/repairs (including oil changes, car registration, AAA membership) (not sure if this is included under "car"
Other areas we include in our budget that you could consider:
-Gifts (mostly for Christmas so we don't have to budget it all in December, also birthdays, weddings, showers, etc.)
-Fun money (both DH and I get a certain amount each month to spend as we please on ourselves)
-Clothes
-Charitable donations
-We just put Netflix under entertainment to not have to have a separate area just for that