What Do You Spend Money On?

What Do You Spend Money On?


To me, thinking about or planning things around money are about as enjoyable as the anticipation of going to the dentist. I just don't want to do it, but it's probably a good idea to do at some point. If you enjoy going to the dentist, then this write-up is not for you. Okay, kidding.

If you absolutely dread the thought of creating a budget, but still think it doesn't hurt to cut out some unneeded expenses, maybe this quick write-up can help you think of some ideas to save a few bucks. You may or may not be surprised that I really don't have a budget. I just work, pay for everything essential to survive, and then waste money on tons of other things.

I know, this doesn't sound very responsible - and it isn't. But I should do something, right? That something is to just start doing anything. To me, that first step is finding any expenses that are not 100% necessary and deciding if you should cut them. It's going to help, either way, and is better than doing nothing.

I think it's good to just sit and brainstorm and type out (or write down on paper if you haven't paid the electric bill) anything you can think of that is:

  • Something you spend money on
  • Not 100% necessary

What I've done in this post is share my thoughts on what I spend money on that's essential, vs non-essential. There is nothing special about this post, other than I hope that gives you some ideas to add to this for yourself and maybe save some money.

If there are any money-saving tips that you'd like to share, feel free to post in the comments below. Thanks for stopping by.

What do you spend money on?

The Non-Essential

  • Convenience store items, such as soda, chips.
  • Subscriptions you never use (just about every company is trying to milk people through subscription services).
  • Annual Credit Card fees
  • Big name brands, vs the alternative "store brands"
  • Coffee Shops
  • In-app Purchases for hindered smartphone apps
  • "Fees" - In many cases, they're generally made-up bullshit, such as "Restocking Fees" (Push back on them!)
  • Eating out vs eating at home
  • Cigarettes and/or alcohol
  • Penalties on late bills/payment
  • Unused gift cards - Spend before you forget about them!
  • Forgetting about free trial expiration
  • Add-ons for your cellular bill, such as Mobile Hotspot

The Essential

  • Mortgage/rent
  • Auto loan
  • Meals
  • Utility Bills
  • Taxes
  • Vehicle maintenance and fuel
  • Insurance - Health / Vehicle / Home

Okay, I've identified some unessential items I can cut. What next?

Start by cancelling a couple things and see how that month passes. Perhaps you could start by cancelling something like Netflix, cutting your "eating out" down to maybe once a month, making coffee at home more often. I know this is cliche', but every little bit helps

At one point, I was spending over $2,000 a month eating out. I like to take my significant other to nice places, because I can eat garbage food any/everywhere else. Imagine what I could do not spending that money - buying other stuff. Okay, more-important stuff! I also cut out the extras on my Verizon plan. Verizon is a greedy company and, if you're a customer, I recommend you look through your bill for anything you can chop out. I was able to cut my bill down another $10 a month, due to some add-ons I used when I traveled more (Mobile Hotspot), and I don't need them.

A lot of these mobile carriers nowadays tend to bundle in other garbage like Disney streaming, etc., to get you to buy upgrades on your account. This could be a post in itself, but I'm going to stop here and leave it to anyone that may want to share some ideas in the comments. I hope this helps and thanks for reading!

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