The food costs in a budget for family of 4 ranges from $128.90/week on the low end, up to $295.30/week. How much does it cost to feed a family of 4? You can feed a family of 4 for under $65 with this emergency #frugal menu: via #free #printable #cheap /QKzo30RJob Specifically, though, we’re looking at exactly how to budget for a family of 4 making 60K a year. We’ll look at the top questions families making 60K a year have on budgeting, talk about different budgeting methods, and the average amounts families just like yours are spending each month. In this post, we’re diving deep into the world of budgeting. You can provide for your family AND make sure everyone’s needs are met. Save up each month for vacations, and Christmas spending rather than using credit cardsīut that’s just a quick glimpse of my budget tips for a family of 4 making about $60,000 per year.Buy late-model used cars rather than new cars.All household expenses (rent/mortgage, utilities, and food costs) should be no more than 50% of your total monthly income.Don’t spend more than 25% of your monthly net income on rent or mortgage.Focus on paying off debt before investing heavily in retirement.
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Spending no more than $220/week on groceries.With the typical family being 4 people, the top question is what is the best budget for a family of 4 making 60K?įor a family of 4 making $60k a year, plan on: Despite improvements in the economy, many people still struggle to provide for their families.