My biggest expense this and every month is child support combined with daycare for my two children =$1, 376. It is a regular payment that is a couple hundred dollars more than my rent (about 1/2 under market rate because I'm fixing the house up). It is planned for by direct depositing specific amounts from my pay into a different account than the account into which pay for regular living expenses is deposited. This method assists my second spouse with understanding the payment being set aside for that the dedicated purpose of child support.
The support payment, combined with two private school tuition payments (10 months a year) totals just under $27, 000 yearly. This amount may seem like a huge amount to some and a pittance to others.- I don't compare or judge my status to other's situations.
Our biggest expense this month has been campground fees (we're full-time RVers. We've had to pay more than we like in order to get good cell phone coverage and WiFi (a must with our work).
We are moving, so our biggest expense has been a home inspection! However, that $400 bill ended up saving us tens of thousands of dollars when we found major issues with the house we were planning on buying due to poor construction!
I just bought a trip to the Philippines to visit my family there this Christmas. $1800 just for the airfare, not including any of those incidentals you don't think about. Sheesh, a $20 gift card would be a relief right now, haha.
Use PayPal if you have a few bucks left on Visa gift card. Register the card to your PayPal account and upload the balance. Remove the card when the funds appear in your account. I've done it without problem but I did have to register the card online with Visa first.
Shouldn't the decision to invest in these or any investment vehicles be made in the context of the investor's time horizon, tolerance for risk and their overall portfolio? What may seem like a risky investment today might turn out to be an excellent investment for the longer-term. I'm not commenting on the merits or lack thereof of any of the ten items you cited (in fact I admit I know virtually nothing about most of them).
Rather I'm saying that all investing decisions should be made in context. Perhaps if the investor has an otherwise well-balanced portfolio investing a small amount in some of these holdings could be appropriate. Certainly nobody should roll the dice by taking unneeded risks with their retirement portfolio.
Personally I am a fan of index funds (and ETFs) and a few actively managed funds. That investing style is not for everyone though. Risk, if managed correctly, is not always a bad thing.
I always ask buyers to provide a phone number when I'm selling something on Craigslist. A spammer or scammer will not do this. It's also a good way to weed out the flaky people that have no intention of buying.
I will not respond to emails that don't provide a phone number. It has worked very well this year as I've sold dozens of items ranging from $10 to $100+!
Also people that don't follow these simple directions are not worth responding to in my experience.
My biggest expense is rent. It's always a shock to see how much of my budget goes straight to my landlord!
My biggest expense this and every month is child support combined with daycare for my two children =$1, 376. It is a regular payment that is a couple hundred dollars more than my rent (about 1/2 under market rate because I'm fixing the house up). It is planned for by direct depositing specific amounts from my pay into a different account than the account into which pay for regular living expenses is deposited. This method assists my second spouse with understanding the payment being set aside for that the dedicated purpose of child support.
The support payment, combined with two private school tuition payments (10 months a year) totals just under $27, 000 yearly. This amount may seem like a huge amount to some and a pittance to others.- I don't compare or judge my status to other's situations.
Vehicle repairs and maintenance was the biggest expense this month.
RENT!!
Then my Son's birthday gift (a bike)
Our biggest expense this month has been campground fees (we're full-time RVers. We've had to pay more than we like in order to get good cell phone coverage and WiFi (a must with our work).
We are moving, so our biggest expense has been a home inspection! However, that $400 bill ended up saving us tens of thousands of dollars when we found major issues with the house we were planning on buying due to poor construction!
I just bought a trip to the Philippines to visit my family there this Christmas. $1800 just for the airfare, not including any of those incidentals you don't think about. Sheesh, a $20 gift card would be a relief right now, haha.
I had to buy a new stove!
DH pays the bills, but I'd have to say either the mortgage or DS's tuition payment (last one, yeah!).
How about offtax? This is an online tax knowledge centre and it is absolutely free to use.
The first payment on our new house! No more rent!
Use PayPal if you have a few bucks left on Visa gift card. Register the card to your PayPal account and upload the balance. Remove the card when the funds appear in your account. I've done it without problem but I did have to register the card online with Visa first.
Extra student loan payment. Trying to knock off 50k in debt in 18 months.
Rent is always my biggest expense.
WEAR TO GO IN NORRISTOWN
I earn a lot of money with Perk.
My biggest expense this month was car insurance. I always pay in full because it saves me a lot of money instead of paying monthly installments.
The biggest expense was the mortgage payment
My biggest expense this month is my daughter's birthday.
Shouldn't the decision to invest in these or any investment vehicles be made in the context of the investor's time horizon, tolerance for risk and their overall portfolio? What may seem like a risky investment today might turn out to be an excellent investment for the longer-term. I'm not commenting on the merits or lack thereof of any of the ten items you cited (in fact I admit I know virtually nothing about most of them).
Rather I'm saying that all investing decisions should be made in context. Perhaps if the investor has an otherwise well-balanced portfolio investing a small amount in some of these holdings could be appropriate. Certainly nobody should roll the dice by taking unneeded risks with their retirement portfolio.
Personally I am a fan of index funds (and ETFs) and a few actively managed funds. That investing style is not for everyone though. Risk, if managed correctly, is not always a bad thing.
What about Perk?
I always ask buyers to provide a phone number when I'm selling something on Craigslist. A spammer or scammer will not do this. It's also a good way to weed out the flaky people that have no intention of buying.
I will not respond to emails that don't provide a phone number. It has worked very well this year as I've sold dozens of items ranging from $10 to $100+!
Also people that don't follow these simple directions are not worth responding to in my experience.
Shop early to avoid the crowds.
Great Article. Thanks for the info. Does anyone know where I can find a blank "2014 IRS Instruction 8283" to fill out?
This is probably a lot of people's dreams! Great tips here!