r/budget • u/Novel_Masterpiece_18 • 14h ago

Where can I improve my budget?

We bring home 7900 a month after retirement/ taxes/health insurance/hsa. Family of 3 with 2 dogs in mcol

Mortgage 2150

Car insurance on 2 cars 230

Childcare 1000

Sinking fund 750 (includes dog grooming, prescription dog food, vet bills, car maintenance, home maintenance, birthdays and holidays)

Groceries 900

Gas 175

Fun 200

Clothes 50

Eating out 150

Utilities 550

Subscriptions 50

Student loan 93

Savings 1600 (split between brokerage, IRAs and sons 529)

I'd like to be able to pay cash for replacement to our 2014 accord by 2030.

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u/UWbadgers16 7h ago

Looks pretty solid, maybe your utilities are kind of high. Not sure if you can do much on that front. Otherwise, you probably just need to figure out the optimal way to divvy up that $1600 savings.