yveskleinsky said:Hi Russ- Part 2 is pretty uneventful for me! So far this weekend I have spent $24.79 on dog food, and meds for my dog.
Seriously? You haven't pulled out your wallet/purse for ANYTHING other than this? No coffee? No credit card purchases? No food purchases, at ALL?
If your current expenses are 3103/mo, does that mean you took in only 3103 x 12 = 37,236 in post-tax income, or do you have other sources? (apologies if this is too nosy).
My reason for asking: Before I started doing the day to day expenses, what I thought I spent vs what I actually spent in a year was off-- by more than DOUBLE!
(in other words, when I drew out what I thought were my total expenses, say, 28K a year, I found that I was spending close to $60K a year-- So $32K/yr worth of things I didn't realize! (like fast food, eating out, clothes, bridge tolls, car repairs, vacation/trip expenses, etc). By far my biggest "unconscious" expense was going to the grocery store, or to the hardware store, or Target, for some specific item and buying other items that sometimes totaled as much-- or more-- than what brought me into the store originally!
Once I realized how much money was going out the window for some of these things, my spending habits changed.
-Russ H.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today