Comments on: My Top 4 Money Suckers

By: J. Money

J. Money — Tue, 14 May 2013 18:41:06 +0000

In reply to slinky. yeah, car payments are no fun at all.. esp with other debts with much higher %'s! I'd probably do the same in your case, unless the amount left was small enough where you could get a "win" sooner than later by paying it all off and feeling good.

By: slinky

slinky — Mon, 13 May 2013 19:54:51 +0000

I totally freak out trying to figure out where my money goes from time to time. What helps me is going over the budget. I add up how much i actually am saving and how much for debt repayment. And how much i pay in taxes and insurance! Then i look at my discretionary money and it isn’t a lot. Then i usually feel better. :)

Right now my most hated expense is my car payment. I love my car, and I’m happy with the purchase and expense, but the payment is killing my cash flow. The interest rate is 0.9%, so it seems silly to pay that off when i could work on my student loan, or mortgage instead.

By: J. Money

J. Money — Fri, 26 Apr 2013 18:02:06 +0000

In reply to Alex. Hah! It's gonna happen one day, I promise you... I will own Panera outright :)

By: Alex

Alex — Wed, 24 Apr 2013 16:12:17 +0000

In reply to J. Money. Thanks, you have a hell of a blog! I just found your Panera post from a 4-5 years ago and that was amazing. Keep up the great stuff

By: J. Money

J. Money — Wed, 24 Apr 2013 13:28:13 +0000

In reply to Alex. Nice! That's a hell of a set up, my man.

By: Alex

Alex — Tue, 23 Apr 2013 21:36:55 +0000

Obviously can’t do much about the housing and insurance, but here’s my ‘communications’ setup:
Basic cable: DUMPED
Basic internet: $30
Netflix streaming (no delays on cheap internet): $8
Airvoice Wireless cell plan: $10
Google Voice home line: $0

Every bit of savings helps.

By: J. Money

J. Money — Sat, 20 Apr 2013 14:20:46 +0000

In reply to Craig. Yikes! At least you have some time now to tweak here and there before the next winter season hits :) I'm sure it would help in the Summer days too!

By: Craig

Craig — Sat, 20 Apr 2013 03:48:24 +0000

By far I hate my electricity bill. We obviously didn’t think about how energy inefficient our home is. We spent over $300/month during the winter on electricity for a 1700 sq ft house. OUCH!

By: Mike Carlson

Mike Carlson — Fri, 19 Apr 2013 16:54:50 +0000

As we get older, we do realize where have our money gone every month and how we can fully maximize our income aside from setting aside for savings. I wouldn’t mind spending quite a lot on buying a house.

By: J. Money

J. Money — Thu, 18 Apr 2013 01:03:39 +0000

In reply to Mr. 1500. Woahhh what is that??? Never heard of before! Going to Google right now...