Life Situation: 34, Married Filing Jointly with three (9,7,4). Brazoria County, Texas
Gross Salary/Wages: $130k
Individual amounts of each Pre-tax deductions: yearly | [total]
401k: $7800 (company matches up to 5%) [$153k] {Rolled over IRA balance: $120k}
HSA: $6000 [$34k]
Insurance: $2750 (Health, Vision, Dental)
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$11,150 deductions | $307k balances
Current expenses:
Cell Phone (Ting): $600.00
Car Insurance: $1,800.00
Electricity: $1,200.00
Utilities (Gas/Water): $1,500.00
Donations/Tithing: $7,200.00 [church donations, charitable organizations, local food banks, etc.]
Life Ins.: $720.00
Internet: $960.00
Eating Out: $1,200.00
Groceries: $6,000.00
Gas: $3,600.00
Vacation/Travel: $10,000.00
Auto maintenance: $500.00
Auto Tax/Registration: $250.00
Auto Depreciation: $1,000.00
House Taxes: $2,400.00
House Repairs/Maintenance: $2,500.00
Clothing: $400.00
Education (Homeschool/Co-op): $2,500.00
Entertainment/Toys/Fun: $2,500.00
Workshop: $1,000.00
Gifts: $1,500.00
Farm and Ranch: $720.00
Home Furnishings/Furniture: $250.00
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$50,300.00
Assets
Checking Account: $30k
Brokerage Account: $74k
Gym: 10% at current valuation of $1M
Home (3/1.5, 1700sqft): $150k
Cars (2015, 2017): $40k
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$394k
Specific Question(s):
Where else can I make cuts / additions? General recommendations on other things to try.
Considering a new job, with a substantial pay cut ($70k). Hours will be better, atmosphere will be better (hopefully) but they only pay my insurance. So I will need to supplement my family's with ACA or Health-Sharing? Need some help navigating this and what is realistic to pay. No major health issues currently. No major health issues in family history.
Look forward to hearing back from you guys!
