Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 11-17-2014, 12:28 PM   #41
Thinks s/he gets paid by the post
Live And Learn's Avatar
 
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,689
Quote:
Originally Posted by Cobra9777 View Post
FWIW, here is the BLS's definition of "entertainment" expenses in the CES Glossary:

ENTERTAINMENT
Fees and admissions
Television, radio, and sound equipment
Pets, toys, hobbies, and playground equipment
Other entertainment equipment and services
Using this definition my entertainment budget is significant:

Fees / Admissions: $180 / month
Television: $150 / month
Pets: $300 / month
Boat: $100 / month
Hobbies (his 'allowance'): $100 / month
Hobbies (her 'allowance'): $50 / month

$880 / month

total
__________________

__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11

ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
Live And Learn is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-17-2014, 12:34 PM   #42
Thinks s/he gets paid by the post
 
Join Date: May 2008
Posts: 3,432
Quote:
Originally Posted by W2R View Post
I don't really have a budget, but I keep very close track of my spending. Looking at my records for 2013, I averaged $75/month on video games. We share a very small lunch out together every day, choosing someplace that doesn't break the bank, and that (food, tax, and tip) averaged $222/month.

I bought a new TV and a new laptop computer in 2013, but I guess they don't count, and neither does cable internet, right? It's hard to know what one would include in entertainment. Books? I have a Kindle and a library card so I get all I can read for free. For me entertainment is not a separate category; eating out is a subset of my food category, and I regard video gaming as my hobby and a separate category in its own right.

Like Daylatedollarshort, we find abundant free entertainment in our area. We spent zero on going out to movies, golf, skiing, concerts, drinking, sports, or other events. Mardi Gras is free and the parades go right by his house. We're 10-15 minutes from the French Quarter and it's fun to take pleasure drives around that area, or the Faubourg Marigny. Lots to do and see. Free museums, shows, and events abound. And that barely scratches the surface.

So, I guess video games and eating lunch out each day is about it; $297/month, just about the same as the OP.
In my spreadsheet, I put Internet in the Entertainment category. THe bill includes my cable TV bill. Even if it didn't, I'd consider it entertainment. I put my wireless bills in the same entertainment category.

Have separate categories for restaurants and travel (broken out by each trip, by airline fares).

Computers and electronics for photo hobby.
__________________

__________________
explanade is online now   Reply With Quote
Old 11-17-2014, 02:06 PM   #43
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,741
Send a message via Skype™ to kcowan
We have basic food and lodging.
We have health.
We have charity and gifts.
Everything else is entertainment.

We try to minimize the first 2 so that we have lots left for the last 2.
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 11-17-2014, 09:09 PM   #44
Recycles dryer sheets
 
Join Date: Jan 2014
Posts: 320
$240 for the two of us. We also have individual monthly allowances.


Sent from my iPad using Early Retirement Forum
__________________
PERSonalTime is offline   Reply With Quote
Old 11-17-2014, 09:23 PM   #45
Recycles dryer sheets
 
Join Date: Aug 2013
Location: Cocoa Beach
Posts: 406
Quote:
Originally Posted by Lucantes View Post
We budget for $300/month for "entertainment" costs for two adults but that does not include any travel costs ($1000/month) or TV/Internet/Cable/Gaming costs ($210/month).
Also does not include Dining Out ($400/month).
__________________
Lucantes is offline   Reply With Quote
Old 11-20-2014, 01:55 AM   #46
Recycles dryer sheets
 
Join Date: Feb 2006
Location: Valencia
Posts: 121
we have no entertainment budget..... but we do have a personal allowance budget. $600/mo may seem like a lot for my personal allowance, but we got out to dinner once a week and maybe a movie. Maybe a play once a month. It all comes out of my allowance.
__________________
*
using an 8.5% withdrawal rate until SS kicks in
*
albundyz is offline   Reply With Quote
Old 11-20-2014, 06:47 AM   #47
Recycles dryer sheets
prototype's Avatar
 
Join Date: Mar 2011
Posts: 176
I have a $5K/yr (~$480/mo) entertainment line item in my budget (along with a $5K/yr vacation line item). I gave up on tracking my entertainment budget (nice restaurants, movies, pro sport events, gun range, bowling...) and am probably at or a little over it for the year. On the other hand I spent only about $3K for two vacations in 2014 (the only thing that easy to “track”) and a similar amount in 2013. I am single, but have an SO/fiance (that unfortunately is still w**rking) who covers about 40% (just my guess) of the costs of most of the things we do together (she has some of her own hobbies and activities she spends her own entertainment $$’s on).

EEEKKK, that is close to $10K/yr for a couple (we do eat out once a week or so at $60 to $100 a pop for a nice restaurant).

Anyway, like many others I really just track my overall spending/expense trend to make sure I am within/following my overall budget.
__________________

__________________
prototype is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Entertainment Budget Moemg FIRE and Money 91 08-31-2011 10:21 AM
Prediction re. older folks and entertainment Orchidflower Other topics 48 01-10-2010 06:22 PM
Low cost evening entertainment calmloki Other topics 13 02-22-2008 10:22 AM
"Entertainment" books for ten bucks cute fuzzy bunny FIRE and Money 0 04-17-2004 05:13 PM

 

 
All times are GMT -6. The time now is 02:54 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.