Comments on: The 4 Types of *Expenses* (Of Which Only One is Bad?) https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/ Money | Minimalism | Mohawks Tue, 22 May 2018 19:23:16 +0000 hourly 1 https://wordpress.org/?v=7.0 By: J. Money https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-268049 Tue, 22 May 2018 19:23:16 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-268049 In reply to Primal Prosperity.

oh cool!! thanks for both recs – love the sound of both!

(and yes to physical books!!! they’re gonna make a comeback, just wait!!)

]]> By: Primal Prosperity https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-268045 Tue, 22 May 2018 18:48:22 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-268045 I know what you mean about the physical books. Sometimes I think I might be addicted to reading. :) I haven’t purchased a full priced book in a long time though. Between the public library, the free library, and some used book stores, I’m set. However, as far as industries that I like to support, the local, independent bookstore would be at the top. :)

Have you read “Living with a Seal”? I HIGHLY recommend it. It is a truly laugh out loud read, and it is a quick read. I almost finished it in one day. Also, it combines thoughts on minimalism, productivity, entrepreneurship, health & fitness, etc… The author is a multi-millionaire who runs ultras, but feels in a rut, so he hires a Navy Seal for a month. The author’s wife is the woman who started Spanx (now on Shark Tank part time). I think you would really enjoy it.

Also, since you like the ‘zero waste’ movement, you may also like the book “Plastic: A Toxic Love Story”.

Enjoy!

]]> By: J. Money https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-268041 Tue, 22 May 2018 14:49:10 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-268041 In reply to Bernz JP.

It’s definitely in the eye of the beholder for sure, haha… I’m sure there’s things she does that you would find “destructive” too which to her is not :)

]]> By: Bernz JP https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-268040 Tue, 22 May 2018 14:37:33 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-268040 When I play golf 3x/week, my wife thought it falls under destructive expenses. I always thought it was more lifestyle and productive. I think it can only be classified as destructive when someone purchases those expensive golf clubs every time a new one is out. And I do not do that! Love this post.

]]> By: J. Money https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-267944 Fri, 18 May 2018 13:39:33 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-267944 In reply to Prudence Debtfree.

:)

]]> By: Prudence Debtfree https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-267930 Fri, 18 May 2018 05:56:38 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-267930 For people in too much debt (and that’s most people), I see room for a few tweaks: #1 Lifestyle expenses – Cutting out even good quality visits with friends where it involves spending $ is a tough but really effective move. #2 Protective expenses – One of the reasons the wealthy are wealthy is that they do prioritize this. Those of us who aren’t as wealthy would be wise to follow their lead. #3 Productive expenses – In the balance between paying off debt (even what might be called “good debt”) and investing, debt repayment needs more emphasis in our society. #4 Destructive expenses – no tweaking necessary:)

]]> By: Steve https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-267926 Thu, 17 May 2018 19:13:42 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-267926 I like seeing expenses broken down this way. I too believe that the only “bad” expenses are the destructive ones. I also agree with some of the comments that living expenses and protective expenses CAN be bad (but I also believe we shouldn’t really be scared of them either!)

]]> By: Grettman https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-267925 Thu, 17 May 2018 08:57:07 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-267925 They are all destructive if they aren’t used in moderation and you lack due diligence. (for instance, over paying for insurance).

]]> By: J. Money https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-267923 Wed, 16 May 2018 20:29:31 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-267923 In reply to Lisa.

HAH!

]]> By: J. Money https://eliteedgemoney.com/4-types-of-expenses-not-all-bad/#comment-267922 Wed, 16 May 2018 20:29:13 +0000 https://staging.eliteedgemoney.com/?p=56005#comment-267922 In reply to B.C Kowalski.

Very cool use of $75! Love that it hits multiple areas of your life too vs just one.

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