What do you spend the most money on??

[Bookie]

Re: What do you spend the most money on??

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]

Re: What do you spend the most money on??

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]

Re: What do you spend the most money on??

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]

Re: What do you spend the most money on??

Yeah, but do they take Discover?

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

[Kirbycruiser]

Re: What do you spend the most money on??

Mortgage, Then I guess it's the Car payment. We have two vehicles but we only make payments on one. It was a hard decision to do this because we haven't had a car loan in a long long time. I love having a new truck but I hate the payments.

[Fern]

Re: What do you spend the most money on??

Mortgage and taxes, together is absolute #1
Food and health costs follow.

[Ima saver]

Re: What do you spend the most money on??

Thanks for your post, bookie!!

[Kris10Leigh]

Re: What do you spend the most money on??

Credit cards for us! But we throw a lot of money at them trying to get the payments down.

Now, what do I spend more money on than I should on? That would be the car! But that's because we were upside down on a loan, added that to a car and traded that in yet again for another van and we owe twice what the van is worth! Believe it or not, given the circumstances, this was a wise choice and one that will be rectified in five years or less.

[Broken Arrow]

Re: What do you spend the most money on??

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

Well, then I have to build up my emergency fund to full strength. Then I have to build up my car fund as well. Then I have to build up my house fund....

So, there's still plenty more to do. Not half as exciting as bookie's idea though.

[Dido]

Re: What do you spend the most money on??

My biggest expenditure is housing (mortgage, PITI, & utilities), for 30% of my after-tax income. If I were calculating taxes, they'd probably come next, but I did my calculations basedon after-tax income. When I have time, I'll have to see how taxes compare to the rest of my expenses! Next comes food at 18% (too much dining out) and I spend 13% of my after-tax income on transportation.

[starving_student]

Re: What do you spend the most money on??

1) tuition
2) housing
3) car insurrance

[lrjohnson]

Re: What do you spend the most money on??

Rent at 18% (of net income) is my highest expense. Everything else is less than %7.

Well, if savings counts, then my biggest expense is saving and retirement.

[DayByDay]

Re: What do you spend the most money on??

1) Mortgage
2) Health care (feels like a second mortgage )

[tgavin71]

Re: What do you spend the most money on??

housing here as well but that's only because we choose to pay extra to get our house paid off quickly

[getforfree]

Re: What do you spend the most money on??

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

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

We spend more on gas than food and the rest of groceries, although I get reimbursed for most of the miles I drive for work and they pay more for every mile than the cost of gas I am using for those miles. Dh gets little reimbursement, but just one-way from the company to the customer location.

food and groceries = $200-250
gas =350, but we get about $100 back, + the %back for using the cc at the gas station, so I guess it's ok