How much is your household allowance for a month if only one breadwinner in the family? How much do you spend on children and how old are they? How much is s/he bringing back monthly? Appreciate not providing answers like "depending the lifestyle wanted".
Anonymous
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We have two kids, age 7 and 3. Both of us earn around $11K per month. Monthly household expenses is around $6.5K. Includes car loan, allowance to both side of parents, internet bill, utilities bill, phone bills, childcare and student care expenses, kids enrichment expenses, groceries (we cook 3 to 4 times a week), weekend entertainment expenses, insurance premium, education plans, etc. On months where we need to pay road tax, then the amount will spike up a little. Basically, other than the car loan which is the most draining for us, we don't have other outstanding loans. So can still save abit per month.
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