Biggest expense?

[terry1156]

After your mortgage, what is you biggest expense? We've paid off out car, the kids have moved out of the house so I would say out biggest expense is travel at the moment.

[vendigirl]

Our biggest expense is- by far- our debt payments. With a $500/month Line of Credit payment and a recently accumulated Visa bill that will get every spare cent until it's paid in January, over $1000/month is going to two debts. Yuck!

[Tree0164]

Our car insurance $250 a month for 8 months a year.

We will be buying a car in the next year so that will probably be a big expense for us as well.

[2moretrees]

My biggest expense is medical bills. These are something that I have been working on for awhile and will continue to until they are gone. Sometimes unexpected things happen.

[DivaJen]

After mortgage? Probably medical expenses, counting both insurance premiums and out of pockets expenses.

[Tree0164]

Health insurance is right up there wiht the car insurance but I forgot about that since that comes out directly of dh's pay.

Old student loans are our biggest expense. They don't have to be, but I choose to pay several hundred over the minimum required every month to pay them down faster.

I figure they'll be gone by April 2006!!

[byusteeler]

After our mortgage, Groceries tie with an unsecured consolidation loan. We used to spend more for groceries but I have cut the grocery bill by about $100 a month just by planning a little better.

[dealsaver]

My robot girlfriend.









JK. Cars by far(at least so far).

[sweeps]

Grad school. Half is paid by work, but my half is still a lot.

[Russell]

For us its:

1. Apt rent
2. Day care
3. Car insurance

[meaghanchan]

1. TAXES!

And, in a far, far second place, rent.

[Snoopy2645]

dh's truck payment & probably food

[PrincessPerky]

food actually, well food plus gas to get to work and misc expenses, it all is rolled into one line on my 'budget'

after that would be the car.

[jmjj215]

Taxes people! Taxes! Well, that's my biggest expense - excluding shelter, as Terry mentioned. You start including phone tax, gas tax, sales tax, income tax, social security/medicare tax, and it's right up there for all of you too.

[Russell]

Sure but you *have* to pay taxes so I don't technically consider it an expense more of an obligation. The most you can do is try to lower them to a certain extent by using 401K, IRA (not ROTH), various deductions etc but again you can only do so much specially if you don't own a house

[jmjj215]

You *have* to buy food too Sort of. Taxes are definitely an expense in my book - with a very large chapter.

[PrincessPerky]

Yeah taxes but it gets my political hackles up, so I avoid noticing

[BillsGirl]

definately our car payments after rent is paid!

[jmjj215]

Originally Posted by PrincessPerky

Yeah taxes but it gets my political hackles up, so I avoid noticing

Certainly a valid reason PPerky