I barg yep you could live like that and that explains why so many have no money and no idea how to truly save money.
Rona is on the money with the biggest points
Food x4 = $400 pw x 52 = $20,800 PA - You can easily feed a family of 4 on $200 per week so thats $10400 per week - however if you are really smart you can do it for allot less and still have nice healthy meals.
Utilities (without solar) = $4,000 PA - ok
School cost x 2 = $4,000 PA (State run school) - ok
Fuel x 2 cars = $10,400 PA - IMHO most people would only be travelling on average 40/50km per day given an average car these days can get 800/1000km out of a tank for around $100 - so around $500o would be closer to the mark for 2 cars
Car maintenance x 2 = $400 PA - ok
Car insurances x 2 = $2,000 PA - ok
Home contents insurance = $500 PA - ok
Medical and dentist x 4 (not privately insured) = $2,000 PA - IMHO most people would spend pretty much nothing on dental every year and on average medical expenses would be relatively low so I would say $0 here and increase the miscellaneous expenses by $1000.
Clothes x 4 = $2,000 PA - You must be pretty hard on clothes IMHO unless you are a fashonista that needs to constantly buy new clothes $1ooo is more than generous.
Phones x 4 (mobiles and fixed line) = $2,000 PA - easily do this for $1500
Entertainment x 4 (music, books, Netflix, the occasional night out-etc) = $1,500 PA - rather generous but ok.
Xmas and birthday gifts x 4 plus extended family = $1,000 PA - ok
Hair cuts x 4 = $500 PA - ok
Miscellaneous = $2,000 - increased to $3000
Okay so that total comes to $34800 however I still think many of the figures are rather high.
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