Mine this year is $46K, which includes a one off $5K present we will be giving to our youngest son as a 21st birthday present (as we did for his older brother).
That's for two of us and two dogs. Our eldest boy lives with us as well, but he contributes $5K per year to offset the extra $5K we spend on food and utilities by having him there, so it cancels out.
Far out! All these other posts are making me feel like a spendypants with my $46K budget. Here's a breakdown of my budget:
EXPENSES
Amenities $5,163 (Utilities are expensive in Australia. eg. Electricity is 34c per kwH where I live!)
Computer $921 (mostly ISP costs)
Dogs $1,562 (best bang for buck out of our entire budget)
Holidays $5,007 (haven't been on a decent one for years, so this year is higher)
House $3,110 (rates and home maintenance. Maybe I shouldn't include this?)
Housekeeping Contribution -$5,222 (what my son pays us for groceries and utilities)
Major Purchases $1,001 (in case something major breaks. Not explicitly planning to spend this)
Medical $2,363 (this is above medicare costs)
Misc Expenses $1,180 (building insurance. Again, exclude?)
Presents $8,012 ($5K for my son's 21st)
Groceries $10,215 ($700 a month on food exclusively, the rest is house sundry items)
Spending $7,210 (down from $14K last year and tracking to be half this again next year)
Transport $5,877 (two cars and a motorcycle. One car will go if I ER)
TOTAL EXPENSES $46,401
Noting that I live in Australia, where our incomes are high and our cost of living seems to match, does anyone see any glaring overly spendy categories? Any other Aussies care to post their annual spend budgets?