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how do your bills/expenses compare to mine ?

Old 11-01-12, 12:57 PM
  #1  
Angio Graham
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how do your bills/expenses compare to mine ?

I am adding up my general expenses and bills and I realized I REALLY need to cut back on the amount that I spend.

Here are my basic bills per year.....

cell phone = $ 1350

car insurance - 800

property tax - 2800

gasoline for car - 3700

home heating/electricity - 3100

food - 7000

tv/internet - 1200


That is the basic stuff that is assured but then there are all the other misc things that I spend too much money on including bikes and related accessories, cameras, household stuff and so on.
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Old 11-01-12, 01:48 PM
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cell phone = $ 1350 [$ 0]

car insurance - 800 [$1354]

property tax - 2800 [$2788]

gasoline for car - 3700 [$2600]

home heating/electricity - 3100 [$1400]

food - 7000 [$6600 groceries + $1800 Dining]

tv/internet - 1200 [$1425]

This is for 2 adults living in a modest sized bungalow, 1 car - Ontario.
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Old 11-01-12, 01:52 PM
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How many people in your household?

cell phone - 1584

car insurance - 1368

rent no tax

gasoline x2 - 3000

home heating/electric - 2800

food - 10,400

tv/internet - 2232

I think we need to cut back.
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Old 11-01-12, 02:03 PM
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What's your revenue?
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Old 11-01-12, 02:04 PM
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As an incentive to cut back on your expenses, putting the money towards compound interest savings, here's how much every $1000 annual savings is worth over time: (based on 4% return on investment)

After 10 years, investment = $12,486
After 20 years, investment = $30,969
After 30 years, investment = $58,328
After 40 years, investment = $98,827

Or, if you increase your $1000 annual savings by the rate of inflation, say 2% per year, here's how much your savings will be worth over time:

After 10 years, investment = $13,585
After 20 years, investment = $36,669
After 30 years, investment = $74,466
After 40 years, investment = $134,835
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Old 11-01-12, 02:11 PM
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cell phone = $ 780
car insurance - 2600
property tax - 9700
gasoline for car - 1000
home heating/electricity - 2500
food - 4500
tv/internet -700
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Old 11-01-12, 02:13 PM
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Originally Posted by Alfster View Post
As an incentive to cut back on your expenses, putting the money towards compound interest savings, here's how much every $1000 annual savings is worth over time: (based on 4% return on investment)

After 10 years, investment = $12,486
After 20 years, investment = $30,969
After 30 years, investment = $58,328
After 40 years, investment = $98,827

Or, if you increase your $1000 annual savings by the rate of inflation, say 2% per year, here's how much your savings will be worth over time:

After 10 years, investment = $13,585
After 20 years, investment = $36,669
After 30 years, investment = $74,466
After 40 years, investment = $134,835
What magical Canadian bank are you getting 4% at?
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Old 11-01-12, 02:16 PM
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Originally Posted by bigbenaugust View Post
What magical Canadian bank are you getting 4% at?
Well, by savings I really meant investing in a balanced portfolio. I wouldn't recommend keeping those valuations in a bank account.
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Old 11-01-12, 02:18 PM
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Originally Posted by bigbenaugust View Post
What magical Canadian bank are you getting 4% at?
Mafia bank of Canada..
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Old 11-01-12, 03:07 PM
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Originally Posted by Alfster View Post
Well, by savings I really meant investing in a balanced portfolio. I wouldn't recommend keeping those valuations in a bank account.
Oh, all right, sure. I thought you meant "savings" as in "savings", not as in "the summation of your portfolio that isn't checking" or "the rainy-day fund".

Otherwise, I would move all of my money to anyone giving 4% for savings right away-- even it if was in Canada. I'm what you might call risk-averse.
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Old 11-01-12, 03:29 PM
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Communications (phone, internet, TV, Netflix, etc.): $3,600
Car Insurance: $1,200 (3 vehicles)
Rent: $16,200
Gasoline: $4,000
Gas/Electric: $750
Food: $8,000
Care for 2 Dogs (one's diabetic): $3,000

And I spent around $4,000 on cycling in the past 12 months.

My wife and I in a 2 bedroom duplex outside of San Jose, CA
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Old 11-01-12, 03:33 PM
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Partial list here:

-Phone = ~$200 for two Tracfones. I use Google Voice to initiate most calls and outgoing texts, wife uses fb messaging, Skype, and email to cut down on data and airtime charges.
-Property Tax = $0.
-Internet/TV = ~$550. Pay for cable based Internet, only stream free content, and have rabbit ears for the television.
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Old 11-01-12, 03:56 PM
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Originally Posted by Angio Graham View Post

cell phone = $ 1350

$432 a year - I don't use a smart phone - I have a computer at work and home I can write some of it off.

car insurance - 800

$632 - two cars - one old and one new

property tax - 2800

None I rent rent is $1555 a mo (total 18660) 2 bedroom, yard and garage.

gasoline for car - 3700

varies - in CA gas is high - regular is right now 4.19 was around 4.50. I drive around 12000 a year - say an average of 3.85 x 12000 equals $4620 I can write some of this off for work travel.

home heating/electricity - 3100

average each month $38.X 12 = 456

food - 7000

groceries - around $300 month x 12 = 3600
eating out around 2500 a year.
total: 6100


tv/internet - 1200

internet $40/mo X 12 = 480
cable TV $85mo X 12 = 1020
total $1500/mo (man that is too high!!!)

.
OK that depressed me... need to find more ways to save money! That is for one in the hosuehold although my eating out will include occasionally paying for others.
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Last edited by Pamestique; 11-01-12 at 04:04 PM.
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Old 11-01-12, 04:00 PM
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Originally Posted by ModoVincere View Post
property tax - 9700
I would love to see your house!
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Old 11-01-12, 04:01 PM
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Originally Posted by Pamestique View Post
I would love to see your house!
It's nothing special...the city property taxes here are ridiculous.
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Old 11-01-12, 04:06 PM
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cell= 1150 wow that's sad, damn contracts
power= 225
rent= 3600 in a large studio
internet= 600
drugs and stuff= 144 that's only the top layer

I split the rent and power with someone.
I pay the internet and cell year round.

ummmmmmm
I have am on low revenue (i.e poor) so I am working on a low budget, and no car, just several bikes. granted I do need several grand in parts

Last edited by c0urt; 11-01-12 at 04:10 PM.
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Old 11-01-12, 04:28 PM
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You guys sure pay a lot for cell phone and TV...

Cell phone costs me $180/year. TV is free. Its overpriced.
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Old 11-01-12, 04:34 PM
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cell (2) 1390
land line 600
car insurance (3) 2400
property tax 400
electric 1000
no heating bill/ no rent/ no mortgage
car gas 5200
tv/net 1860
food 5500

2 adults, 2 dogs, 2 birds, 6 bunnies & 7 cows.... no partridge, 1 pear tree
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Old 11-01-12, 05:37 PM
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Originally Posted by Pamestique View Post
OK that depressed me... need to find more ways to save money! That is for one in the hosuehold although my eating out will include occasionally paying for others.
Relocate.

You're paying $1500+ for rent- I'm paying $650 for a 3/1/1 on a corner lot that is fenced in the back. Granted, not the best of neighborhoods, but the school district is highly rated.

And fuel prices right now range from $2.99 to $3.69
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Old 11-01-12, 06:03 PM
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I will admit I am mostly paying for location (about 4 blocks and up hill from the hospital, and between 2 grocers, which are rare downtown. and in the athletic part of of town. ) , and the size of my studio, 2 blocks from 2 interstates.
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Old 11-01-12, 06:52 PM
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Originally Posted by no1mad View Post
Relocate.

You're paying $1500+ for rent- I'm paying $650 for a 3/1/1 on a corner lot that is fenced in the back. Granted, not the best of neighborhoods, but the school district is highly rated.

And fuel prices right now range from $2.99 to $3.69
You're comparing South Orange County, CA to Oklahoma.
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Old 11-01-12, 06:56 PM
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Originally Posted by ModoVincere View Post
Mafia bank of Canada..


Hudson Bay Trading Co.+Beer Exchange
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Old 11-01-12, 07:00 PM
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Originally Posted by apclassic9 View Post
cell (2) 1390
land line 600
car insurance (3) 2400
property tax 400
electric 1000
no heating bill/ no rent/ no mortgage
car gas 5200
tv/net 1860
food 5500

2 adults, 2 dogs, 2 birds, 6 bunnies & 7 cows.... no partridge, 1 pear tree
How in the "hoot-n-holler" do you get away with $400 in property tax.
A double-wide in Beckley West-By-God would run you twice that.
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Old 11-01-12, 07:02 PM
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Originally Posted by ModoVincere View Post
It's nothing special...the city property taxes here are ridiculous.
Wait till Moonbeam Jerry gets done with your taxes later on
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Old 11-01-12, 07:31 PM
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cell phone = $1272

car insurance - 0

property tax - 0, but rent is $8340

gasoline for car - 0

home heating/electricity - 500-600

food - no idea; probably 4-5000

tv/internet - 0
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