whats your biggest monthly expense?

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waggy

No Lifer
Dec 14, 2000
68,143
10
81
#1 is Property tax.
#2 mortgage

after that i really am not sure. both cars are paid for, both student loans are paid off

hmm i would think maybe electricity or gas bill. both are around $120 a month.

(not counting food since it chAnges each month)
 

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,601
166
111
www.slatebrookfarm.com
Taxes (of course, if you consider tax withholdings an expense)
Animal feed
Food for ourselves
Car payment for wife's vehicle
Gasoline for vehicles (van, truck, van, spare car, tractor, riding mower)
mortgage
after that I'm not sure. electricity?
 

Scouzer

Lifer
Jun 3, 2001
10,358
5
0
#1 is Property tax.
#2 mortgage

after that i really am not sure. both cars are paid for, both student loans are paid off

hmm i would think maybe electricity or gas bill. both are around $120 a month.

(not counting food since it chAnges each month)

wtf how can prop tax be higher than mortgage
 

Imp

Lifer
Feb 8, 2000
18,828
184
106
"Rent" as in I pay mommy to live at home. Don't have to, but feel obligated. I don't pay much, so don't think I'm actually proud of myself.
 

nageov3t

Lifer
Feb 18, 2004
42,808
83
91
rent > groceries > utilities (specifically, cable > gas/electric > phone > warcraft = netflix) > gas
 

BoomerD

No Lifer
Feb 26, 2006
64,609
12,971
146
Health Insurance.

No shit. Not having group coverage available from a job, IF my wife & I had health insurance, it would cost as much as or more than our monthly mortgage payment...
 

ultimatebob

Lifer
Jul 1, 2001
25,134
2,446
126
I don't consider a mortgage an expense, it's a loan.

But about 350-400 bucks a month in gasoline kinda hurts.

Thinking of your mortgage as just a loan is a bit overly optimistic, don't ya think? I know that my condo would need to more than double in price over the next 25 years in order to make all of the interest payments that I made worthwhile. At this point, it's down over 30% in value. Sure... that will eventually recover, but by how much?

How knows... maybe I'll eventually make a profit on this place, or maybe my neighborhood will turn to shit and my unit will be worthless 10 years from now. Kind of hard to know at this point.
 

NL5

Diamond Member
Apr 28, 2003
3,286
12
81
No shit. Not having group coverage available from a job, IF my wife & I had health insurance, it would cost as much as or more than our monthly mortgage payment...

Even if it's paid on your behalf by your employer, it is still many peoples biggest expense......
 
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