Sample Budget For Family Of 4

It was our actual monthly budget for 2006. The smiths have a 4 year old daughter and a 2 year old son and both just turned 30 themselves. March 24 2014 by jessi fearon 85 comments there is an updated version of this post for 2015.

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The smith family is your typical american single income household with 2 kids and a golden retriever.

Sample budget for family of 4. 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. Calculate your cost of living. Today s ideal budget is the smith family.

Like i said typical. Epi s family budget calculator measures the income a family needs in order to attain a modest yet adequate standard of living. Here s a simply sample family budget for you to follow as you make yours. Just adjust my budget to fit your numbers.

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. Here is a sample monthly budget. Actually let s make that a labradoodle this isn t the 90 s. Mortgage like power garbage will all stay pretty similar.

Our one income budget for our family of four. 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. A few months ago i put together a budget for a family person living on 46 000 a year here in california. Many people doubted this was even possible.

Sample budget for a family of 3 or 4 a lot of a family s costs are fixed costs. At the time we lived in wichita kansas and owned our home a 1600 sq. I had requests to put together a budget for a family in the middle to upper middle class. For the sake of argument let s say you are creating a budget for a family of four which includes mom dad and two kids.

This post may contain affiliate links. Our one income budget for our family of four. Read my full disclosure for more info. 3 bedroom 2 bath bi level on 1 2 acre.

It was based on a total after tax income of 2486 00 per month. This is substantially less than the liberal food plan which came out to 1 093 for a family of four for a month. The following is the percentage of your income you should be spending on each vital area. Typical budget for a family of four understand cost of living.