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Old 12-06-2011, 10:58 PM   #21
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Ooh, a you show me yours thread. Those are always fun.

Here's mine. It's the household total for two people, mid-20s, in Las Vegas. We're frugal in some areas (like housing) and spend what we feel like in others.

Mint made it easy to break down the 2011 averages by category.

Housing (Mortgage + HOA): $462
Utilities (Electricity, Water/Sewage, Garbage): $51
Cell Phones: $48
Food: $309 (Groceries 231, Fast Food 29, Restaurants 49)
Student Loans: $266
Entertainment: $264
Travel: $263
Auto: $192
Shopping ("Stuff"): $143
Other/Misc (Financial, Health and Fitness, etc): $91

Total/mo: ~2100
Yearly budget: ~25,000

In utilities, we have no cable or internet bill (internet is through tethering included in cell plans).
Auto we have no car payments, it's all gas, registration, insurance, and service/repairs.
I didn't include taxes.

Expecting budget to double(ish) in a few years when we have kids. For now, saving all that we can (we're both teachers, so our W2 income sadly isn't terrific).

It would be useful if people posted the area of the country, though obviously only if you're comfortable sharing. Nord's expenses will obviously differ due to geography from, say, W2R's.

And if you would be so kind as to total up your monthly budget so we don't have to add all the categories.

Thanks for starting the thread Ha.
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Old 12-06-2011, 11:34 PM   #22
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At bottom of post are my averages for the year. House maintenance is high as I replaced roof and flooring this year. For the last few years I spent virtually nothing on maintenance.

Also auto expenses this year are high due to $2000 repair bill. Otherwise it is paid for - car insurance is included in insurance amount.

This year as you can see I am spending more eating out than groceries - yikes, gotta correct that.

My goal is to keep my recurring expenses under 20K per year. I define everything below as recurring except for vacations and home maintenance as I have discretion as to when I have to spend in those categories (although home maintenance eventually has to be done).

This year I'm on track to spend 33.5k but when I eliminate the vacation and home expenses it is around the 20K goal I have.

I am single mid 30's in Canada and mortgage paid off

House Maint.863
Car 317
Eating out 230
Property Taxes 229
Utilities 228
Groceries&toiletries 213
Vacation 199
Insurance 134
Cable/net 127
Entertainment 116
Gifts and charity 80
Phone 37
Clothing/drycleang 13
Hobbies 9
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Old 12-07-2011, 08:26 AM   #23
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These are the categories I track and seems everything fits someplace.

Auto, gas, maintenance, registration
Auto Insurance
Charity
Clothing
Communication, Internet, cable, cell
Contingency Fund
Entertainment
Food
Home Insurance
Housing
Investment exp
Medical
Miscellaneous
Other Insurance, LTC, Term
Taxes
Utilities
Vacation
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Old 12-07-2011, 01:35 PM   #24
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Quote:
Originally Posted by aaronc879 View Post
2011 expenses per month thru end of november:

Electric: 101
Condo fee/tax/ins.:206
Cable/int/cell:166
Car-gas/maint./ins:116
Groceries:202
Enter./misc.:101
Vacation:98

Total:990/mo

My budget is $1000/mo. Looks like i'll make it under $12K again for the year. Last year was $11,974. I'm single, in a low cost area, with a paid off home(condo). In 2012 i'm going to need to get some dental work done that i've been putting off. Probably a root canal and crown totaling $1500 or more. I've been eating only on the left side of my mouth for a couple months. I'll have to not take a vacation and maybe cancel or downgrade my cable to stay under $12K for a 3rd straight year.


I posted mine later and I try to stick under 20K for recurring expenses. People tell me I'm cheap, errr I mean frugal but you got nothing on me. Earlier today at work I looked to see what my rock bottom number would be and it would be around 15 to 16K. I'd have to eat out less, go out less, cut cable and a whole bunch of stuff I'd rather not do. There is no way I could get to around $1000 per month though. My hats off to you.
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Old 12-07-2011, 02:31 PM   #25
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We are two of the most frugal people I know (in most categories...) and we live in a pretty low cost area, but I can't begin to match this crowd. I guess you're all Jacob's by comparison...

Categoryper Mo 
Allowance$335 
Cars$575no car payments
Dog$133worth every penny
Entertainment$492 
Groceries$510 
Home$453Prop tax & insur, no mortgage!!!
Medical$225DW still has employer coverage
Utilities$325 
Operating$3809 
Accrual Exp$800new bed-house repainted-bath remodel
Total$4609 
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Old 12-07-2011, 03:20 PM   #26
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Quote:
Originally Posted by Midpack
We are two of the most frugal people I know (in most categories...) and we live in a pretty low cost area, but I can't begin to match this crowd. I guess you're all Jacob's by comparison...

Categoryper Mo 
Allowance$335 
Cars$575no car payments
Dog$133worth every penny
Entertainment$492 
Groceries$510 
Home$453Prop tax & insur, no mortgage!!!
Medical$225DW still has employer coverage
Utilities$325 
Operating$3809 
Accrual Exp$800new bed-house repainted-bath remodel
Total$4609 
To compound the problem, ones definition of low cost area, is probably effected by what it is compared too. I would consider St. Louis to be high cost area, someone in Chicago would defintely call StL low cost area. I had a home built for me 7 years ago and my Property tax and home insurance combined is $220 a month. So unless you are living in a big mansion in a low cost area, Midpack, I would think you were in a high cost area. Its all about the point of reference I guess.
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Old 12-07-2011, 04:06 PM   #27
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Cars|$575|no car payments
What is the $575 car expense if you don't have car payments? My guess is that you bought a car for cash or are saving monthly for the next one. I hope it's not $575 in gas!
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Old 12-07-2011, 04:11 PM   #28
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Quote:
Originally Posted by Sue J View Post
What is the $575 car expense if you don't have car payments? My guess is that you bought a car for cash or are saving monthly for the next one. I hope it's not $575 in gas!
We do have two cars, but what's out of line?

License Plates$30
Gas$236
Insur$169
Oil Chgs$24
New Tires$65
Maint$52
Total$575

Sue J: As for high cost area, again I'm not. Where the US average is 100, and Chicago itself is 116, the town I live in is 93 (below average).

I can't imagine how others manage such low annual expenses...but maybe I'll learn.
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Old 12-07-2011, 04:44 PM   #29
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Quote:
Originally Posted by Midpack
We do have two cars, but what's out of line?

License Plates$30
Gas$236
Insur$169
Oil Chgs$24
New Tires$65
Maint$52
Total$575

Sue J: As for high cost area, again I'm not. Where the US average is 100, and Chicago itself is 116, the town I live in is 93 (below average).

I can't imagine how others manage such low annual expenses...but maybe I'll learn.
To me anyways alot of it is you are being totally honest in your car budget. My repairs and tires are infrequent but they be paid eventually. I pay mine out of my savings money. License plates seem high. You pay as much in a month as I do in a year. I change oil 3 times a year at $29 a pop. My insurance is $40 a month ( $10 surcharge included for 2 years thanks to backing into a car) but it is only one car and liability only.
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Old 12-07-2011, 04:55 PM   #30
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Here are my 11 or 12 month averages for my major expense categories. (I don't separate out as many things as you do, at least until the year ends.)

Housing, which includes my share of the co-op's maintenance charges (i.e. property taxes net of rebates, co-op's mortgage, physical upkeep) as well as the monthly parking fee: $543

Cable TV: $62

Land line phone and Internet: $54

Electric: $57

Health Insurance and Dental bills: $351 (but is declining because I switched to a cheaper HI plan midyear)

Auto and Home Insurance: $125 (mostly auto)

Cash and other expenses, which are mostly food but include gas and entertainment: $304

Income Taxes (including yet unpaid 4th Quarter 2011 estimated tax payments): $323 (I had a good year with dividends and cap gains!)

Total: $1,819
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Old 12-07-2011, 06:05 PM   #31
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Quote:
Originally Posted by LauAnn View Post
Single, 5'8"; 158 lbs. Female. Spend $100 a month on food -- includes groceries and fast food. When I eat out (often), it's always at Wendys.
$3 per day. I wasn't aware that was possible, but I learn something new every day.
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Old 12-07-2011, 06:09 PM   #32
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$3 per day. I wasn't aware that was possible, but I learn something new every day.
I try to average $7/day or less. I know $3/day is possible while still eating enough calories to maintain weight but it requires cooking which I have no interest in.
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Old 12-07-2011, 06:11 PM   #33
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My friends tell me I'm Mr. Cheapo but I think I still have plenty of room for improvement. Food and vacation expenses are high but that's cause I tend to pay for the groceries and my partner cooks plus I took a big trip to Asia for vacation this year.

The good news is that I spend less than I did 5 years ago and earn twice as much. Watching my spending is in part motivated by reading this board.

$1,300 Housing (mortgage/water/power/Mtc)
$775 Entertainment & Personal Care (drycleaning, vacation)
$475 Food (groceries and dining out)
$250 Gifts (helping Mom bridge to SS)
$180 Transportation (Gas/Insurance/Repairs)
$145 Cable/phone
$3,125 Total
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Old 12-07-2011, 06:14 PM   #34
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Those have been our fixed monthly costs for 2011 (2 people, 2.5 cats):

Food (groceries only - we rarely eat out anyways): $895
Health care (insurance/copays): $171
Auto (gas/insurance/tax/maintenance): $333
Utilities (Cable TV/internet/phones/electric/water/sewer): $623
Housing (insurance/tax/routine maintenance): $320
Pets (vet/food): $71
Total: $2,413

Entertainment/stuff/vacations/clothes/misc.: I prefer to keep that for myself
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Old 12-07-2011, 06:18 PM   #35
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Quote:
Originally Posted by LauAnn View Post
Single, 5'8"; 158 lbs. Female. Spend $100 a month on food -- includes groceries and fast food. When I eat out (often), it's always at Wendys.
If that's an honest $100, then I applaud you (as long as you're eating reasonably healthily). I think $100 is around what Jacob spends.

I'm closer to the $200 mark, but that includes cat food and cat litter - not for me, for my cat
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Old 12-07-2011, 06:37 PM   #36
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** Annual Expenses **

$300 electric
$700 natural gas
$1153 Cable and internet
64 Phone
134 Water
320 Sewer
76 Street Light Assessment
1254 Property/County Tax
2087 School Tax
1446 Food
709 Gasoline
203 Essential Living (haircuts, etc.)
351 Medicine/Vitamins
378 Home Insurance
642 Car Insurance
211 Clothes
----------------
10,028
+6500 discretionary -- entertainment, golf, hobbies, travel, toys, yard, garden
-----------------
$16,528
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Old 12-07-2011, 06:41 PM   #37
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If that's an honest $100, then I applaud you (as long as you're eating reasonably healthily). I think $100 is around what Jacob spends.

I'm closer to the $200 mark, but that includes cat food and cat litter - not for me, for my cat

My 2010 average was $120 per month; but I cut back (not cut out) on eating at Wendy's at got it down to $100 per month.

It's 'reasonably healthy' eating but I definitely could eat more nutritionally. I like my sweets way too much. But I am trying to do better.
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Old 12-07-2011, 06:42 PM   #38
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This thread is turning into a budget version of "I can name that tune in X notes..."
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Old 12-07-2011, 06:44 PM   #39
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Quote:
Originally Posted by aaronc879 View Post
2011 expenses per month thru end of november:

Electric: 101
Condo fee/tax/ins.:206
Cable/int/cell:166
Car-gas/maint./ins:116
Groceries:202
Enter./misc.:101
Vacation:98

Total:990/mo

My budget is $1000/mo. Looks like i'll make it under $12K again for the year. Last year was $11,974. I'm single, in a low cost area, with a paid off home(condo). In 2012 i'm going to need to get some dental work done that i've been putting off. Probably a root canal and crown totaling $1500 or more. I've been eating only on the left side of my mouth for a couple months. I'll have to not take a vacation and maybe cancel or downgrade my cable to stay under $12K for a 3rd straight year.



health insurance?

medical expenses not covered by insurance?

Life insurance?
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Old 12-07-2011, 06:45 PM   #40
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Quote:
Originally Posted by LauAnn View Post
** Annual Expenses **

$300 electric
$700 natural gas
$1153 Cable and internet
64 Phone
134 Water
320 Sewer
76 Street Light Assessment
1254 Property/County Tax
2087 School Tax
1446 Food
709 Gasoline
203 Essential Living (haircuts, etc.)
351 Medicine/Vitamins
378 Home Insurance
642 Car Insurance
211 Clothes
----------------
10,028
+6500 discretionary -- entertainment, golf, hobbies, travel, toys, yard, garden
-----------------
$16,528
health insurance?

medical expenses not covered by insurance?
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