OT--Wasteful Spending.

[Quoydogs]

I ask you all a question. What is one thing that you do repeatedly every year that is wasteful spending ?

Example


cable television

excessive clothes shopping.

If your brave put a rough estimate by the amount.

If your really brave call out your spouse on theirs.


Doing a report, thanks in advance.

[crush17]

DRUGS. MASS QUANTITIES OF DRUGS.

[Bacchus]

I don't pay cable any more. Roku, netflix and Hulu about $17 a month.

[Powderaddict]

Not too much. Maybe my motorcycle, but even that has a bit of a value when I do have to commute once a week (60mpg FTW!).

Insurance: $75/year
Tires/Maintenance: $400/year
Gas: $200/year (after offset by savings from car)

Other wasteful items :
Internet and Netflix would probably be considered wasteful. $700/year.
Eating out: Probably $2000/year (yikes!)
Starbucks: $300/year (we go on Saturdays)
Liquor: $600/year

[Requiem]

The only thing in the past year (going back to 2012) I would classify as wasteful spending is $90 a month for a smartphone and plan through Sprint. I got rid of that in August and went to one of the simple phones where you just re-up on minutes. I'm going to get an unlocked GSM/GMA phone from Amazon and go on their $45 a month plan -- you can even get an iPhone 5 on it, but it costs like $600 bucks -- which is way too much for a phone.

Eating out once or twice a week was also wasteful -- would spend $50 a week going out to eat when that is good groceries for me for two weeks as a single guy.

Other than that, not much. I spend little, save a lot.

[TheReverend]

Vacations.

I spend between 10 and 20k a year on vacations. Pretty ridiculous considering I still drive a 99 honda accord.

[Beantown Bronco]

Hookers and blow

[Quoydogs]

Originally Posted by Powderaddict

Not too much. Maybe my motorcycle, but even that has a bit of a value when I do have to commute once a week (60mpg FTW!).

Insurance: $75/year
Tires/Maintenance: $400/year
Gas: $200/year (after offset by savings from car)

Other wasteful items :
Internet and Netflix would probably be considered wasteful. $700/year.
Eating out: Probably $2000/year (yikes!)
Starbucks: $300/year (we go on Saturdays)
Liquor: $600/year

Insurance, tires and gas are necessities.

Thanks this really is going to help.

[SonOfLe-loLang]

Originally Posted by TheReverend

Vacations.

I spend between 10 and 20k a year on vacations. Pretty ridiculous considering I still drive a 99 honda accord.

If I've learned one thing in life, a vacation is never wasteful. Its like the one thing that keeps me going. Sounds like I want your life!

I'll go with cable tv. It's this crutch I can't seem to get rid of because I'm a very passive TV watcher and still like to have it on in the background. I'm sure if I got rid of it, I'd quickly adapt, but can't seem to pull the trigger on that.

Before that it was going out to eat. I never used to cook for myself, and never REALLY realized how much of a drain that was. I'm saving thousands a year now just cooking for myself, with the occasional night out.

[Quoydogs]

Originally Posted by Beantown Bronco

Hookers and blow

Gonna need cost on this one.

Yolanda 1K a year

Escort 50K a year

Which one is it ?? Don't lie

[ColoradoDarin]

Food for my 3 kids.


They don't eat 3/4 of it anyways.

[Requiem]

Yolanda -- 25k a year.
Escorts -- Free.
Licking the escorts boogers and eating them the night after -- PRICELESS.

[Quoydogs]

I guess I should list mine to be fair.

Car and truck projects 5 to 15 k a year

cable tv 1200.00 a year

boat 3k a year

hunting/fishing 2k a year.

eating out 3600 a year.

bar trips 600.00 a year
------------------------------------------------
25,000 Ouch.

Now to be fair I added 15K a year for my car toys when on most years its probably closer to 5 K. Still ouch.

[Powderaddict]

Originally Posted by Quoydogs

Insurance, tires and gas are necessities.

Thanks this really is going to help.

Not on a motorcycle whose sole purpose is to provide me joy.

[Quoydogs]

Originally Posted by Requiem

Yolanda -- 25k a year.
Escorts -- Free.
Licking the escorts boogers and eating them the night after -- PRICELESS.

Sit down what ever you are smoking down and walk away slowly.

[Bacchus]

I'm looking to add some expenses!!!

My rent house burned down over the weekend. Insured for $88,000!!

[Requiem]

Originally Posted by Quoydogs

Sit down what ever you are smoking down and walk away slowly.

Bath salts. I will eat your face.

[Denver Bronco56]

Clothes Shopping - $100-200 monthly
Fast Food - $5-8 a day, $25-35 a week, $100 - 140 monthly
Gatorade at gas stations - roughly $2 -3 a day, $10-15 a week, $40-60 monthly


im very impulsive while getting gas or at a checkout line, on top of that i commute daily to work and never wake up early enough to pack lunch which always involves me getting breakfast /and or lunch daily.

[enjolras]

This is over now, but I have a bad habit of paying early termination fees on cell phone contracts. I replace my phone about once a year. Ends up "costing" me about $250/yr or so.

T-mobile finally has a off-contract plan that is awesome.

[bronco militia]

alex smith, Matt Cassel

[Requiem]

Start packing lunch and stop buying clothes, dude.

[DenverBroncosJM]

Gurkha cigars: 600.00 a year
Clothes: 2,000.00 a year
Directv: 1500.00 a year
Dog Insurance x 2: 1200.00 a year

Those are things I would consider luxury items... Gas, car payment etc is not wasteful to me.

[Denver Bronco56]

Originally Posted by Requiem

Start packing lunch and stop buying clothes, dude.

Trust me after posting that i realized i really need too ha.

It honestly is just a time issue, waking up later than ideal to pack lunch. When i do have enough time i pack a lunch..but im not a morning person one bit.

The clothes involves me having recently graduated and now working in the buisness/law firm atmosphere and needing more professional attire. i always justify buying a new dress shirt or pair of shoes as a need. but honestly i have more than enough

[Rabb]

Alimony

[Requiem]

Originally Posted by Denver Bronco56

Trust me after posting that i realized i really need too ha.

It honestly is just a time issue, waking up later than ideal to pack lunch. When i do have enough time i pack a lunch..but im not a morning person one bit.

The clothes involves me having recently graduated and now working in the buisness/law firm atmosphere and needing more professional attire. i always justify buying a new dress shirt or pair of shoes as a need. but honestly i have more than enough

I know how that goes. After I graduated and got my job in the legal realm, I ended up spending tons of cash on dress attire because I had to look nice every day. I went through all of my clothes a week ago -- kept those ones, but still had shirts and crap back to when I was 17 and I'll be 26 in a month. Was able to get all brand new stuff for under 300 bucks, so I was pleased. Need some shorts and swimming stuff.