How Much We Spend Living In Raleigh, North Carolina | Financial Audit

[@CalebHammer]

I like that title ;)

[@BusinessAndFitness]

I’m fan boying real hard right now. When can I come on the show 🙃

[@CalebHammer]

@@BusinessAndFitness haha, funny enough, I kind of met you when my friend (and fan of yours) said hi to you in Lululemon in the Domain a few years back, way before I did KZbin.

[@BusinessAndFitness]

@@CalebHammer wow! True serendipity. I didn’t even know I was in the presence of the future Dave Ramsey

[@victortorres2704]

This is absolutely crazy!! I love that two of my favorite creators are fans of each other!

[@thelifeofrileyphotography3121]

Travis needs to be on the show, would be great!

[@ScaryAF_Entertainment]

I live in Apex, NC and the taxes are getting crazy!!! But I LOVE my house and neighborhood! Great video as usual!

[@deangoddard348]

I feel like outta all youtube channels Travis has been the most consistent, not with posting/views, but with himself. The man I watched all those years ago is still the same man you see here. Very rare quality nowadays. Keep doing you brother!!

[@BusinessAndFitness]

😌😌😌

[@joelhodges6367]

I live in the 27606 raleigh zipcode, own the home and with two children and this persons 'budget' is outrageous and can be trimmed significantly. Dont let this guy mislead you on what it actually costs to live in the area

[@BusinessAndFitness]

@@joelhodges6367 lol

[@erikt777]

I have two children, a dog, a new car, etc... as well, and I don't spend that exorbitant cain of money. You want to live like a rich. Probably you're a doctor to get get that cain of salay. Salary in Raleigh and soraunding don't get that high to spend that much money monthly.

[@jngibson24]

One of my favorite videos! Would love a follow-up video with you income! I can definitely relate with the high cost of groceries. My wife and I rarely eat out and don't splurge on movies, clothes, or other entertainment which makes us feel better about the higher cost of groceries. We eat good, but also feel good!

[@WalkThePlanet4K]

Great video! It will be interesting to see how prices fluctuate in Raleigh and the triangle over the next decade since the population is expected to increase so much, especially with the new Apple campus coming to the triangle.

[@Jennyzhenghauser]

Thanks for the video Trevis! Nice to compare. Very eye opening how little you and your family spend on things that you don’t prioritize. Such as eating out- spending less than $200 a week is hard for me and my fiancé. Motivating to see that we definitely can do it if we just tried a bit harder.

[@dawnyaple8703]

Great video and brave to put your expenses/budget out there. If you can afford it and these things are worth it for your happiness and daily efficiency, I don’t see a problem with how you use your family’s money. What is sad is so many people go into debt just to live not even spending for extras or want to haves. 😢

[@Mr.Black529]

Thx for sharing. It’s always fascinating seeing how others live!

[@sfehr4926]

Great Video Travis. I found this one super interesting. I love seeing how family’s budget and what categories they prioritize. We also spend more on quality high quality foods.

[@NGUJZ]

Haven't watched one of your videos in months. Glad to see things are going well.

[@BusinessAndFitness]

Why not ? 😞

[@NGUJZ]

​@@BusinessAndFitness some how the YT algorithm must have not notified me.

[@ChristianCarranza754]

Still loving these. 👏👏 Live it up Rich Homie! You deserve it 🤙

[@BusinessAndFitness]

Dude I miss you

[@MargaritavilleHockey]

Great video, Travis! Like Andy says in Shawshank Redemption, "get busy living or get busy dying" haha. It's just money, we can't take it with us when we leave. Formula definitely crazy expensive but that'll just be replaced by daycare or pre-school and then they start growing like weeds and you have to keep sizing up on clothing and shoes every few months. It never ends haha

[@fairygurl5448]

This was an interesting topic. I’ve always wondered how we spend so much each month. The little purchases really add up though. You probably get your PEScience at a discount since your affiliated with them, so that helps. Great video! More of these please.

[@bris2265]

Love this video, thank you for sharing! Super relatable especially as I live in Raleigh and purchased a home here 3 years ago. Very interesting topic!

[@MobsterXLife]

Great video! Keep it up 💪🏽

[@Jbrown4769]

Lived in NC my whole life. Charlotte and now Winston Salem. I’ve been to Raleigh once in my 33 years. Raleigh is for yuppies and transplants, usually they are one in the same.

[@abrin5508]

I'm a transplant - I haven't heard the word yuppie since the 80s - are you like 80?

[@robnaugle4149]

@@abrin5508 raleigh is full of yuppies and bumpkin transplants from rural areas.

[@MaliciousApe]

I’ve lived in NC all my life too. Born and raised in Charlotte. Charlotte is literally nothing but transplants too. I live in Raleigh now and it’s growing so fast because of transplants.

[@Jbrown4769]

Note: I don’t mind transplants, but when they are rude and talk crap about the native people where they live I don’t want them here. Also, when they vote the same way that caused them to flee their home state. Please leave…

[@ccasan3]

People need to stop voting yes on bonds. Especially those who just fled expensive areas to move to the Raleigh area. That is the main cause for property taxes to increase.

[@cbsdd00]

Vote no on the upcoming $560 million Bond for Cary.

[@85jmurk]

The surrounding areas outside of Raleigh are getting expensive but it all depends if you're able to get a really good job then living in Raleigh or outside of Raleigh should be ok, but if you're the type that only cares about working and going home and not having ABSOLUTELY nothing to do for entertainment then Sanford NC is a great place for those who don't want a life, or those who don't mind nd having to drive a hour just to enjoy simple conveniences that could have been enjoyed in Sanford but the "city" is so behind in just the basic entertainment and infrastructure, part of it is I think that it's like Apex, Cary , and Holly springs all growing areas trying to stay remote, dark and country but too many people and big businesses are moving to Raleigh and Durham and the surrounding areas that the "I was born in a small town" crap will eventually fade out.

[@Bluestarseed1]

The secret to all this. Starts with the gut. Balance the microbiome so you don't over eat, which in turns your don't over spend, in turns your more intune with your decisions. I always log my bills every month on my phone calender then split the rest of the cash, Divide 30 or 31 days and Guage your spending daily. Money is a tool. Your money management becomes like a muscle when you hit the gym. Work on your micro moves. Be around perfectionist of money, health, spirituality, emotional balancing songs affect your whole being. The more you heal emotionally, mentally, physically and spiritually. The more intune you are with the world.

[@shanicebecton6923]

NC has gotten so expensive!!! I live 1 hour from Raleigh and the homes in my area went from high 200s to over 500K in just the last 3 years.

[@loveofyahweh9660]

I live in Johnston county & I’m so blessed & thankful for what God has given me!! It’s growing so fast here & I moved here to get AWAY from that. So I would love to move to the smoky mountains.

[@CinergyTraining]

Seems reasonable for a nice upper middle class lifestyle. We are a bit less overall but don’t have any car payment, no kids, and our house PITI is a little less than you. Hudson’s Farmers Dog subscription is closer to $200 per month though 😣

[@sonosoley3506]

We need more Raleigh NC videos please

[@BusinessAndFitness]

Consider it done

[@stephanielevonne]

I watched your older videos when you were building the house and it's SOOO gorgeous! I wish I moved here sooner and built. We bought in Durham in 2022 and pay $3k for 2900 sq ft (1990's build). We don't have any kids but we've still been averaging $7,500/mo just to live. It's all in the budget, but it's still shocking to see those numbers!

[@BusinessAndFitness]

Wow! Its getting crazy

[@kevinmenendez11-11]

Love this! I love Zebulon

[@250Rem]

It’s the same in Johnson County and we know they’re gonna go up even more take Clayton for his examples, and that being a nightmare for the local

[@debra2700]

We bought in Flowers Plantation and Clayton has tried to annex it for the tax dollars but we were told the residents of Flowers keep voting it down. I hope it stays that way because we only pay Johnston County taxes and a small fee each January to Becky Flowers for everything she does for Flowers. It's a very pretty community.

[@erica11717]

Great video. Excellent content

[@wolkowicki1]

2500 a month was it a 2 bedroom with 2 full bathrooms if it has a washer and dryer in unit. that like half of the prices in brookyln ny.

[@Techaro]

We can play this game with everything. Just insert X city here. They are half the cost of Brookyln, NY in X city.. Blah blah... Okay? What's your point?

[@debra2700]

We sold our house in Raleigh during the boom and made a huge profit and were able to pay cash for a beautiful townhouse in Flowers Plantation outside of Clayton. We got so much more house for our money by getting out of Wake County and moving to Johnston County.

[@BusinessAndFitness]

Good idea

[@debra2700]

@@BusinessAndFitness This whole Flowers Plantation area is fascinating. They're going to build a smaller version of North Hills which may sound hilarious but North Hills was once a small mall and a few small shopping centers. Flowers isn't part of Clayton so we get the benefits but not the tax bill and who doesn't love a guy who made a good deal of his fortune as a moonshiner? Love your channel.

[@SophieAbrams]

Great video....definitely can relate. Senior at NCSU and love Raleigh, but don't think it is worth it for what it costs

[@BusinessAndFitness]

Go pack

[@lttlod1]

My friends have Peloton and love it but it's way too expensive for me. I used to have Zwift but cancelled. I don't have the smart trainer so I wasn't getting the full effect. Now I just use my bike trainer and have an ipad on a tripod watching KZbin indoor cycling vids : ) It's not even my ipad, it's one from work that they let us use at home!

[@Dirt_Bike_Dave]

Wow..I truly hate to judge..but I live here and have similar stuff, but my bills come to like 1/2 of yours...I am sure you could cut tons from that budget. Things have certainly gone up around here and I agree that now is not the best time to move here.

[@LailaZub]

If you had to pay daycare that would be $1600+ in Raleigh as well which is crazy!!

[@BusinessAndFitness]

@@LailaZub wow …

[@alexlonergan5096]

To play devils advocate we just moved to Holly Springs, yes the interest rates are nuts and no homes are on the market. But we got a steal on a new build, didn’t have to compete for offers and when interest rates drop and we refinance we will sitting pretty! Also Holly Springs taxes are wild, I can confirm lol

[@wolkowicki1]

to cut down on other food cost you should join a CSA they bring it to you it picked that day basically it will last longer because you recieved it sooner.

[@MyBrookeH]

I track all our buckets as well and we are looking at the area for a simular size new/newer home. Curious on home owners and auto insurance costs if you are willing to share.

[@BusinessAndFitness]

Honestly not too sure . I think home owners is around $1,500 a year and auto is $150 /month

[@alyssad7019]

great video! :)

[@njparady]

Dude, that car payment, SMH. I think a lot of people think that rates close to zero are normal. Rates are normalizing now. Getting back to where they should be. This country desperately needs more affordable housing to be built to help lower housing costs by increasing supply.

[@savagejoego]

"The most expensive thing that's in our household" RIP Travis. 🤣

[@wolkowicki1]

3% on rate for a car note that means your Credit Score was a little to low at the time. My car note was at zero for the 1st 18 months of the note.

[@NathanShepard]

I moved out of Raleigh in 2020. I have lived in Raleigh off and on since college in 2004. Talk about change, wow. It is completely different than it was 20 years ago. Less safe, about 3-4x more expensive, and 10x the amount of people. Restaurants were far cheeper, even just 10 years ago. And housing is unaffordable to all except for high wage earners or people that live in debt. I would never live in downtown Raleigh again. Not worth the cost. Hot tip (life advice), never live with an HOA! 10,000 a month is insane. Damn.

[@themayorofpoundtown9163]

Im a Raleigh native and i can verify everything he's saying is correct

[@wolkowicki1]

the subs cost all most all of it can be work related so you can write those cost off because of your job and youtube channel.( so most of that 150 a month are not hard cost to you)

[@greekgolfercampbell9973]

Travis, it's expensive everywhere..I didn't see where you put $ away for retirement? I literally live paycheck and TRY to live below my means. We're all trying to survive.😮

[@BusinessAndFitness]

I’m never retiring

[@KameronRobbins]

When do you feel the market may correct itself? Renting (from a standpoint of money out every month) is monetarily cheaper in Cincinnati with interest rates so high. Great video btw!

[@BusinessAndFitness]

Hard to say… hopefully the powers that be realize printing money isn’t the answer

[@wolkowicki1]

when he starts daycare $800 a month you at now will look like free. Childcare for my 2yr old wil cost today $2,625 a month that before clothing,food,health insurnce and so on.

[@weareallamericans7358]

The dog eats leftovers dude 🤨

[@volknasty5880]

Childcare around here is insane. We had two babies and we were spending 3k a month.

[@BusinessAndFitness]

@@volknasty5880 wow…. It’s crazy

[@mphsb]

I hope the financial burden of all of t his isn't all on your shoulders. In 2024 both spouses support the household not just one and I'm a female. If it all gets out of control please don't burn your self out.❤

[@davidhoang6071]

Great video! Thanks a ton for sharing your budget. Question: In regard to Megan's "Schoolbus", how do you use it to make money exactly? lol

[@BusinessAndFitness]

Money invested at a greater % than the interest rate

[@davidhoang6071]

@@BusinessAndFitness Thanks for the reply. I appreciate, Travis! Keep up the great work!

[@Sanasdh]

Hi can you tell me what's a better place to invest Raleigh or Charlotte ?

[@nickgonzalez-q2y]

Ppl from nc aren't trying to live in raleigh. The roads are a pain to navigate they are constantly working on them, I've lived here my entire life in the rtp and they have been working on raleigh roads most of my life. You go to raleigh to do stuff, but living in raleigh is not great ppl that live there probably in debt up to their eyeballs, living the white picket fence dream.

[@ruslanoid]

so what neighborhood you're actually bought your house in? you mentioned good schools?

[@superflylady75]

Dang Travis, 760 for beauty. I only pay 100 bucks for my hair extensions a month. Lol. How much do you think a person should put aside for savings each month? Maybe 10 percent per pay check? We make our dog food. We have two cocapooh and a corgi, and we spend about 150 a month, we use turkey, lean hamburger, blueberries, Carrots, sweet potatoes, broccoli, lentils, and another bean to make it. And i agree about mortgages, i paid 116,000 for a brand new ranch house 3 bedroo. 2 bath, 2 car garage back in 2015. Houses are selling in my neighbor, thats 5 years older than my home for 275,000, theirs no way i could afford that, well I could, but i wouldn't, its a prime time to sell, def not for buying !

[@BusinessAndFitness]

I think it’s situation dependent. I think the goal should be have enough savings put away to cover 12 months of living expenses.

[@sophie3588]

You spend as much on food for that dog as I do for 3 weeks on food 😂

[@michaelsheidow2749]

I can’t get over how wasteful your spending is. Seriously mind blowing.

[@BusinessAndFitness]

lol

[@aidanberry6311]

What part of Raleigh is your house in? I grew up there and can confirm the exorbitant cost of living increase over the past 10 years :)

[@andrewschafer8986]

Dude I live in Clayton my mortgage is less than your car payment. I’m bummed for you.

[@BusinessAndFitness]

Yea things are rough here man

[@GarzaB]

That’s it! We are moving to Raleigh! Soooo much cheaper than West Coast. But I know I’ll miss the pacific weather… great vid!

[@amscott24]

This has nothing to do with Raleigh. It’s more expensive than a lot of other NC towns, yes. But you wasting money on an unnecessarily massive car is on you, not Raleigh. The farmers dog has nothing to do with Raleigh. That’s you wanting-or already having -a sponsorship. You clearly make a lot of money, that’s great. BUT this is not in anyway an idea of the actual COL. The house and taxes yes. But come on, choosing to drive a bus and feed your dog a fancy dog food isn’t.

[@BusinessAndFitness]

Ok lol

[@jackfrey6239]

Bro is flexxinnnn 😂

[@kseniaflores6737]

We are the same age couple with a boy about the same age, looking for a good area.. any recommendation? Which suburb did you guys choose?

[@BusinessAndFitness]

Depends how much you want to spend…. Apex/ cary would be my first choices

[@jrizzle141]

All I am hearing is fake humble bragging from someone living in a house that doubled in value for no reason.

[@BusinessAndFitness]

For sure.

[@GaryRabatin]

Where would you recommend buying land with the intent to build new homes?

[@rebuildfitness2988]

$75 a month for gas 😂i’d love it. granted I have to drive an hour for work and between job sites but i’m spending almost $600-$700 a month 💀

[@BusinessAndFitness]

Ouch…

[@rebuildfitness2988]

@@BusinessAndFitnessthese are always my favorite videos though, to gets on how to track/audit the budgets

[@andresrivera4965]

Everything was normal to me until i saw the $600 a month on formula😮 im spending about $280 a month for my 9 month old

[@joshie19922]

He said special formula, if the baby has digestion issues, lactose intolerance etc. These cost more

[@hiero816]

$1,000+ a month car payment is normal?! I’ve clearly been doing it wrong.

[@andresrivera4965]

@@hiero816 yeah its a 60k-70k vehicle cant expect a $350 car payment. Also surprisingly enough a 1k car payment is the new normal now with how expensive cars and rates are and with people transferring negative equity from cars they bought in the past 3 years it is pretty normal as i follow the car industry pretty closely

[@andresrivera4965]

@@joshie19922 yeah i even asked my wife and she also agreed that was normal lol i guess i never heard of formula like that

[@roba1695]

Good video. We're thinking about moving to NC. Somewhere between Raleigh & Wilmington.

[@BusinessAndFitness]

Great idea!

[@Viviko]

I live in Raleigh. It’s great. But yeah. Kinda pricy Wait. I live in a 2B/2BR like 10 minutes from North Hills (and everything else). Rent is only $1750… you overpaying my dude.

[@akiramiyazono]

I made the calculations and you need at least make 200k in NC to just cover your expenses. So I would definitely love to know what industry you are in sales, and I assume your wife works too? Gah lee.

[@BusinessAndFitness]

Sales

[@akiramiyazono]

@@BusinessAndFitness I'm in the wrong sales I suppose. I'm an inside Sales making about 70k the first year, the outside sales in our company probably bring 120k-140k give or take. This is in wholesale lumber distribution business. I'm thinking of moving industries to perhaps cybersecurity software sales? Do you have any recommendations?

[@codyshimokochi5875]

What kind of watch is that you’re rocking?

[@BusinessAndFitness]

Look up “seikoakwatches” on Instagram

[@DigitalFire5000]

Jeez i want some of the money you forget about 😂😂

[@jacobsfamily3156]

$10,000 a month??? what do you own the color orange???

[@BusinessAndFitness]

Yes

[@allenheineck2359]

You mentioned Christmas break; are you a teacher?

[@BusinessAndFitness]

No- I work in sales. We take off when everyone is out on holiday 🙂

[@jennh6982]

Does your mortgage include any hoa fees?

[@wolkowicki1]

your food cost are not bad try to being mulism or jewish. then look at the costs when everything has to be halal or kosher. but for you i would order a whole cow at once to be butcher. you will end up paying are 4 dollars a pound and not closer to 11 dollars per pound that you are at this point in time. additional it fresher and you get to cut out the retailer. the rancher gets paid and the butcher makes money. the big saving come from cutting out everyone else. In some communities they split the meat up so it becomes an event to see friends.

[@victorespinoza2005]

Been watching you for a long time. Don’t know how I feel about this video. 5% of your video was actually about moving to Raleigh. The other 95% is you flexing on what you spend for your life and that happens to be near Raleigh. I think your message is so unclear . Are you telling us anything about Raleigh? Or do you just want your viewers to know how much household income is?

[@BusinessAndFitness]

I was just trying to flex… caught me

[@jalai_]

@@BusinessAndFitnessNational Flex Offender

[@Sam44616]

If you have been watching Travis for a long time you should know how hard of a worker he is… I’m not really sure how this video is a flex most people normal pay for most of these things in some way.. sure he has some things some would consider a luxury (ex. new car, new house) we can’t just avoid talking about how expensive some cities / cost of living in general is increasing like crazy. If there is a flex it’s that he set himself up 10+ years ago and has been grinding to be able to own this house and have this family.

[@BusinessAndFitness]

@@Sam44616 ♥️

[@victorespinoza2005]

Samantha, I have been watching his videos for a while, probably longer then you have. They went from eating videos to home gym videos to salesman videos to baby videos. Now we are doing “ how much I spend videos” …… ok ! Besides housing there was nothing in the video that was specific to Raleigh. All the other expenses were what he has chosen to spend money on and he felt the need to tell you and me. That is very interesting in my opinion.

[@miket2916]

30 bucks a month on gas... WOW

[@richconroy8715]

It's getting worse. I like in Clayton. Property and utilities are getting insane

[@Jade323]

Wow the shot of you and Megan in your apartment- your hair was so much darker!! Is she the cause of your white hair? Jk 😂

[@mikesnook6210]

$75 for,gas in a tank? You must never drive anywhere lol

[@BusinessAndFitness]

Try not to lol

[@cynthiaalford2967]

Everywhere is getting so expensive

[@rik-1-j6n]

Bro. You gotta tell the wife no once in awhile. You’re the man you lead her. There is no way you ever pay $1000 a month for a car payment. As logical man you damn well know how stupid and wasteful that really is. If you say no you’ll gain more respect from your woman. It’s never happy wife happy life. It’s happy family. God bless brother been watching since 2017.

[@BusinessAndFitness]

This is a really bad take lol

[@pjhosang2977]

I agree that kind of spending is a complete waste, but sounding like a misogynistic backwoods Neanderthal is also a complete waste.

[@moniqueg943]

“How much we spend living NEAR Raleigh.”

[@BusinessAndFitness]

Yup

[@ryry8402]

Umm there are a whole lot of us who live in Raleigh

[@holeefook3149]

Dogs eating better than me

[@mattatattack8149]

750 beauty is not ordinary lol

[@bobbymueller3680]

Dogs evolved from eating our scraps & garbage when we were hunter gathers. Expensive dog is a rip off.

[@vza123]

$750 on beauty!? Wth 😂that’s absurd

[@sweetp0tat0]

But can you have your own chickens and sink a well? No freedom in HOA and no yard NC is ruined with all these HOA communities. Superficial nonsense so glad i left NC

[@edwing8895]

NO... NC is terrible... Don't move here... ..................... We don't need more ppl here... I love NC, and we NCs want to keep it to us!!!

[@lightfighter7341]

Man this is some bougie stuff

[@mikenelson1624]

👍✨💫😎💙✌️

[@timmymeredith7499]

$10,000 a month Rich Homie Travis😅

[@matthewtjohnston]

Yo Trav, could you share this budgeting template please?

[@KouriRyu]

Judged. Hard. 1st world problems.

[@Codyalleva]

Damn trav I need to get into sales. I’m an accountant like rich homie used to be 🥸

[@vanessaprice9926]

Awesome video!

[@aidanberry6311]

Great video!