ProspectiveBum
Full time employment: Posting here.
Based on advice gathered on this forum, I finally started analyzing our household expenses. I loath budgeting, and have never been in the habit of doing more than eyeballing our accounts to ensure that there were no unexpected charges, and sufficient funds to cover outgoing payments. Thankfully BofA has incorporated some nifty portfolio tracking, budgeting and reporting features into their website, so I can continue to be lazy and still gather the info I need. Here is a 6 month snapshot of our household expenses (just percentages, no actual dollar figures). What I learned: kids are expensive!
I'm curious how this compares to others, for anyone else willing to share.
I'm curious how this compares to others, for anyone else willing to share.
Code:
Child/Dependent Expenses 20.85%
Mortgages 18.56%
Travel 9.89%
Groceries 7.83%
Home Maintenance 5.47%
Home Improvement 5.47%
Insurance 4.68%
ATM/Cash Withdrawals 4.68%
Automotive Expenses 3.66%
Gasoline/Fuel 3.30%
Restaurants/Dining 2.73%
Clothing/Shoes 2.09%
Telephone Services 2.01%
Utilities 1.78%
Hobbies 1.28%
Electronics 0.99%
Entertainment 0.97%
Healthcare/Medical 0.71%
General Merchandise 0.70%
Personal Care 0.69%
Cable/Satellite Services 0.67%
Gifts 0.55%
Office Supplies 0.11%
Checks 0.10%
Other Expenses 0.09%
Online Services 0.07%
Other Bills 0.06%