My Life Costs $220 a Day. A Realistic Budget for a Family of Four.

Our budget for a family of four is two hundred and twenty dollars a day. That seems like a lot of money!

It’s pretty rare that I actually go out and spend $220. We couldn’t possibly be doing so day in and day out.

Given the uncertain nature of our future budget, I can only do the best I can with the data I have. In today’s post, I’ll review what life at $220 a day might look like for a globetrotting family of four.

My Life Costs $220 a Day

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Not surprisingly, healthcare figures to be tied for the highest line item in our post-FI budget. I’m assuming that even if the ACA survives in its current state, we won’t qualify for subsidies.

Health & Fitness Costs: $55 a day

This is a tricky one when you’re planning to spend the majority of the year traveling. What is travel, exactly? Is it the same as a vacation budget?

Travel Costs: $55 a Day

In our case, we’re not counting food and drink in this category. We’re going to eat and we’re going to drink no matter where we are in the world.

I’m upping the budget to $40 a day for a couple of reasons. One, we plan to be exploring new places, and that means eating out more. The second reason is that we’ve got growing boys.

Grocery, Restaurant, and Drink Costs: $40 a Day

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