What are your monthly expenses vs monthly income

Is there where I can show off how big my money erection is?

I listed out all my known every month expenses (joint)
Home
School Loans
Car
Car
C Ins
H Ins
401K
401K
TV
Phone
Dis Ins
Gym
Entergy
Gas
Food
Social membership


Edit: not trying to start a measuring contest, Trying to SAVE more and see if our expenses are out of line vs our income.

quote:

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I listed out all my known every month expenses (joint)

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So you are including investments?

So you are just looking for disposable income?

fwiw, my mandatory expenses equal out to about 30% of my pre-tax income... Then I put about another 30% into investments/retirement

pre tax I am at 38%, I worked my numbers after tax to reflect a more realistic account.
So after taxes it moves to 65%

quote:

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If that is including your investments and everything

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I have accounted for max amounts into retirement/investments, so 65% is after those are accounted for. When I actually put everything on paper it seemed very high.

our expenses run about 25% of pre-tax, and 30% of post income tax. I haven't figured it out taking payroll taxes out, but I would imagine it would wiggle it a few percent.

eta: I am not sure what "mandatory" means. But that 25% if everything we spend, mortgage, dining out, vacations, cars, etc.

Roughly 50% of my take home pay. 401k and my insurances comes out of paycheck along with a heck of alot of taxes. In a few years though hopefully it goes down. rent is currently absurd at almost 1000.

I'm 23 and a electrical engineer

I'm the sole income in my family as my wife stays at home with the kid.
Mandatory expenses:
Mortgage - 27% of net income after investments
Utilities (electric, water, gas heat, cable, cell phone) - about 12% of net after investments
Auto loan - 4% after net
Unsecured loan (refinanced old credit card debt from when I was younger and dumber) - 6.5%
Hospital bills (kid was in the NICU, so these were exorbitant when he was born) - 6.75%

I'm obviously working hard to pay off the unsecured loan and hospital bills to get my arse out of debt completely. Thankfully I'm done with student loans.

So my mandatory expenses come out to 56.25% of my take home pay and 401k is already taken out.

That leaves me living on 43.75% with groceries, gas, entertainment, etc. Honestly, we cut it very close each month right now but will be in much better shape once the unsecured loan and hospital bills are paid off. That should hopefully happen in the next 12-15 months.

While renting:

Mandatory expenses came to about 39% of take home/25% of pretax.

After buying a house, it will be about 48% of after taxes/ 32% pretax

I think I did that right. I included all insurance, bills, car note, student loans, etc.