Credit Card Amount per month?
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Our CC bill is always around 20k a month. This includes daycare and utilities. I feel like this is really high? We don’t spend extravagantly-is it really just this expensive to live?
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Yes … with daycare ours is around that as well. Ditto on food … and I do meal prep and try to shop three stores like a crazy person to bring it down and it’s still astronomical. I don’t have any advice but I do have sympathy because it’s crazy. We aren’t “splurgers” and really try to be mindful. It’s … staggering. Not sure how many families do it, and I say that with a heavy dose of gratitude.
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I ask myself this everyday @LoveThisChapter how do people do it??? Life is so expensive. Ours can fluctuate but it's never lower than $15k. That's even with doing breakfast for dinner once a week and packing lunches for my kids
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Have you tried a financial app like Origin? You can link it to your accounts and easily see your biggest categories of spending. It helped me see some areas where we were overspending.
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Ours is ALSO outrageous last month it was over $20K and it was scary... i know we eat out WAY too much but also with sports and life and being a working mom I am not sure when I would find the time to meal prep etc. Would love to hear advice from a financial expert or budget expert!!
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Cost of living has drastically increased over the last few years!! Every so often we print off a few months of statements and go through them. One time I noticed I had mistakenly signed up for a monthly subscription and I had no idea nor was I getting updates every month that I did so I was spending $20 unnecessarily. I also think coffee, gas stations, eating out can add up quickly!
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First time in a while we haven’t been able to fully pay off our credit card for the month. Averaging about 18-21k a month. Kids are damn expensive!!!!
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$12,000-$14,000 SAHM so no childcare costs. Although I can already tell it will be higher this Summer.
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I’m with you here! But the best option is to use credit cards that work to your advantage. Sign up for the Barclays Upromise Card and connect your points to a 529 account. Spending money BUT all the points go to a college fund if you connect it to a 529. We put all expenses on two credit cards and for the Upromise we have earned nearly $9k in my oldest’s 529 the last few years just in those points alone. Also, sign up for cards that work to your advantage- Marriott Bonvoy will offer points for free hotel rooms and vacations for all the credit card usage!
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Our cc bill combined is probably around $6000 a month but we pay it off fully
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What’s a budget?🫣
