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What do you spend the most money on??

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  • #31
    Re: What do you spend the most money on??

    I paid over 67k in "taxes" last year (state,fed,fica,medicare) - my #1 expense year after year. Don't believe the crap about high earners not paying their fair share of taxes. Even after all the tax breaks, interest deductions, health care savings, retirement etc. I still have to pay out my **S in taxes every year.

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    • #32
      Re: What do you spend the most money on??

      1.) Taxes (income)
      2.) Retirement Funding (across DH pension, my 401k, and our Roths)
      3.) Mortgage
      4.) Pocket Money
      5.) Taxes (real estate)

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      • #33
        Re: What do you spend the most money on??

        Taxes is a good point. I guess I didn't think about it because I only work with what my what my paycheck says. After double checking my paycheck stub, it would appear that taxes is my highest expense as well.

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        • #34
          Re: What do you spend the most money on??

          My land payment is my next biggest expense, but only because I am paying an extra one thousand on it each month!

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          • #35
            Re: What do you spend the most money on??

            Originally posted by Broken Arrow
            Taxes is a good point. I guess I didn't think about it because I only work with what my what my paycheck says. After double checking my paycheck stub, it would appear that taxes is my highest expense as well.
            Yeah, taxes are my biggest expense. But I'm not unhappy about paying taxes. Call me zany.

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            • #36
              Re: What do you spend the most money on??

              taxes then house.

              We pay way to much for a house...not more than it is worth, just poor folk like us don't belong here.

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              • #37
                Re: What do you spend the most money on??

                I admire you lrjohnson, if savings is what you spend the most money on. Heck, I admire you anyway!

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                • #38
                  Re: What do you spend the most money on??

                  Originally posted by lrjohnson
                  Yeah, taxes are my biggest expense. But I'm not unhappy about paying taxes. Call me zany.
                  Yes, that IS pretty zany, zany.

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                  • #39
                    Re: What do you spend the most money on??

                    My smiley did not work, lrjohnson. [Automated by GetSmile]

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                    • #40
                      Re: What do you spend the most money on??

                      You could... edit the post. You knew that... right?

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                      • #41
                        Re: What do you spend the most money on??

                        Right!![Automated by GetSmile]

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                        • #42
                          Re: What do you spend the most money on??

                          The most amounts of money I spend on my rent. I believe it is the same with all renters.

                          The second is my tuition, which increases by 12% every year.

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                          • #43
                            Re: What do you spend the most money on??

                            Mortgage w/ escrow
                            Van payment
                            utilities
                            credit card

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                            • #44
                              Re: What do you spend the most money on??

                              School tax last Oct 15 was $3660.00; this year who knows. County tax last Feb 15 was $2,900.00. We switched from an ARM mtge last year to a fixed one and that was a smart move so taxes would be the real headache here.

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                              • #45
                                Re: What do you spend the most money on??

                                What I seem to spend most money on is food and clothing. That's the day to day expenses. Overall, we have really socked a lot of money into home improvements, but we aren't doing anything we don't have the cash for...no loans!

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