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Biggest expense?

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  • Biggest expense?

    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.

  • #2
    Re: Biggest expense?

    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!

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    • #3
      Re: Biggest expense?

      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.

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      • #4
        Re: Biggest expense?

        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.

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        • #5
          Re: Biggest expense?

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

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          • #6
            Re: Biggest expense?

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

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            • #7
              Re: Biggest expense?

              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!!

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              • #8
                Re: Biggest expense?

                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.

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                • #9
                  Re: Biggest expense?

                  My robot girlfriend.









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

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                  • #10
                    Re: Biggest expense?

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

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                    • #11
                      Re: Biggest expense?

                      For us its:

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

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                      • #12
                        Re: Biggest expense?

                        1. TAXES!

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

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                        • #13
                          Re: Biggest expense?

                          dh's truck payment & probably food

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                          • #14
                            Re: Biggest expense?

                            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.

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                            • #15
                              Re: Biggest expense?

                              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.

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