What do you spend the most money on??

[Ima saver]

What is your biggest expense, what do you spend the most on??

[boefixepa]

Hands down HOUSING!!

[markio26]

insurance and taxes...

[Broken Arrow]

Right now, it's student loans. I'm paying into it with everything I can spare, so it comes out as the highest expense.

[getforfree]

Housing. It''s more than 50 % of our spending budget.

[markio26]

good shoes....

[Ima saver]

My car, it is expensive but I love it!!

[sakigt]

Housing is more than 50% for me as well...

But besides that, I spend as much in gas as a do in food! :P

[Diolla]

These are my 4 top

Retirement Savings 15%
Tithe 10%
Housing 9%
Food 7%

I spend half as much on Gas as food but I live in town and everythings is really close. Also I got a great deal on a small fixer house, this is based on a 15 year mortgage but I hope to pay it off before that.

clothes and food

[Bookie]

Housing and insurance, in that order. I'm tempted to toss taxes into the ring, but that's not exactly something I "spend money on."

[JBinKC]

Taxes Taxes Taxes I hate them. If you add them all up they take a little over 40% of my gross.

[Ima saver]

I am glad my house is paid for.

[autoxer]

Originally Posted by Bookie

Housing and insurance, in that order. I'm tempted to toss taxes into the ring, but that's not exactly something I "spend money on."

I treat taxes like an expense, because there are ways to increase and decrease my tax liability.

I spend:
25% - taxes
15% - car (payment, insurance & gas)
13% - retirement funds (401k & Roth)
5% - rent

[markio26]

we own 3 properties... no mtg... but, lots of taxes and insurances.....

[vsjhoc]

Originally Posted by Broken Arrow

Right now, it's student loans. I'm paying into it with everything I can spare, so it comes out as the highest expense.

After you've paid off the student loans, what will you do with the money you were paying each month?

[Bookie]

Originally Posted by vsjhoc

After you've paid off the student loans, what will you do with the money you were paying each month?

I don't know about Broken Arrow, but riotous living and debauchery has a nice ring to it.

[vsjhoc]

Originally Posted by Bookie

I don't know about Broken Arrow, but riotous living and debauchery has a nice ring to it.

Yeah, but do they take Discover?

[Gruntina]

for me its debts, I pay more than 50 % to try to pay off a huge amount in 9 months. Also I do not have a house and I am living at the house where I work as a live in attendent... This is why I am able to pay more than half towards my debts. Sure wish I could save all that money!

[Bookie]

Originally Posted by vsjhoc

Yeah, but do they take Discover?

That is an absolutely priceless post. Thank you for the best laugh I've had this week.