Monthly Bills (splitting from efeezy's thread)

How much are your monthly bills (personal only)?

  • $0-$500

    Votes: 32 16.2%

  • $501-$1,000

    Votes: 22 11.2%

  • $1,001-$1,500

    Votes: 24 12.2%

  • $1,501-$2,500

    Votes: 32 16.2%

  • $2,500+

    Votes: 87 44.2%
  • Total voters
    197
Rent: 800/month (that's for one bedroom in a share house)
Food: 600/month
Utilities: 200/month
Phone + internet: $150/month (australia is expensive)

That's just for essentials, I probably waste another 3-4k at least per month on drinking and nights out and then maybe another 2-3k on drunk ebay shopping.
 


LOL @ all u midwesterners and your cheap ass rent.

[ame="http://www.youtube.com/watch?v=c5EHy91jPQo"]YouTube - Daniel Tosh Effinfunny Stand Up - Fabreezing the Homeless[/ame]


rent: 1700 4 bedroom house w/ 3 car garage
phone: 40 virgin usa baby
internet: 60 comcast
electric: 350 indoor gardening has its downfalls
food: 400ish I eat from home mostly
gas: 350 - my 469 horsepower car kinda chows down on gas
 
eliquid said:
I doubt if $30 of elec powers my 2 desktops and laptop for a month, ha
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My electric company charges me $20 just for transmission fees. My apartment is relatively small and we still pay almost $100/month for electric and another $100+/month during winter for heat.
 
subigo said:
I only pay electric and around here electric is cheap. Add that to a newly built condo that is built fairly well and that's my bill. My largest bill was $72 and that was last month, because I kept the heater on 24/7.
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$72? Is that electric and gas? Or are you all electric? What about trash, water, etc... is that on a separate bill (it's the same bill for me)?
 
eliquid said:
im glad this thread came up, could you imagine asking your coworker or neighbor this type of questions, they would look at you like "fuck you" for being nosy and shit.

Me and my wife have been talking that maybe we spend too much in elec and phone and other things, but its nice to see how other people average in their lives too with bills. If you remove the outliers, you start to see an average pattern for what we spend on shit each month and there are a lot of commonalities.
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My neighbors talk about this stuff all the time, no problem. But we are probably closer than most neighbors, kids in the same grade, go out to eat together, watch each others kids, etc....
 
I was kinda surprised to see so many people in here making car payments and rent/mortgage payments.

After I stashed a good lump sum of money away and got my investment game up, I worked up enough to outright purchase a home and my cars.

Is there any upside to wanting to continue to make mortgage/rent/car payments other then trying to build credit for you guys?
 
I am a little older than you all so here is what you have to look forward to when you have a big house and 3 kids....


Mortgage: $2,980 a month
Food: $800ish a month
Health: $1,200 a month
Car insurance $180 a month
Electric $250-300 a month (I live in Texas and it gets Hot!)
Other Utilities: $150-200 a month (got a big lawn to water)
eating out:$500 a month (yes separate from groceries)
Cable/internet: $120 a month
Gas: $300 a month
wife and my cell: $200 a month
Home Insurance: $120 a month

So I am at $6K a month before entertainment or other expenses, booze, etc.

Seeing all these other numbers is sure making me consider a simpler life.
 
eliquid said:
I was kinda surprised to see so many people in here making car payments and rent/mortgage payments.

After I stashed a good lump sum of money away and got my investment game up, I worked up enough to outright purchase a home and my cars.

Is there any upside to wanting to continue to make mortgage/rent/car payments other then trying to build credit for you guys?
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There is a significant tax break for carrying a mortgage, but I plan to own this monster outright in less time that the traditional mortgage.

testonej said:
I am a little older than you all so here is what you have to look forward to when you have a big house and 3 kids....


Mortgage: $2,980 a month
Food: $800ish a month
Health: $1,200 a month
Car insurance $180 a month
Electric $250-300 a month (I live in Texas and it gets Hot!)
Other Utilities: $150-200 a month (got a big lawn to water)
eating out:$500 a month (yes separate from groceries)
Cable/internet: $120 a month
Gas: $300 a month
wife and my cell: $200 a month
Home Insurance: $120 a month

So I am at $6K a month before entertainment or other expenses, booze, etc.

Seeing all these other numbers is sure making me consider a simpler life.
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Right there with you. Over $2k in mortgage costs for 3,000 square feet and that was buying below tax value because the house needs love. A few new toilets, tile, trim and some serious elbow grease has earned me about $25k in equity so far. School district makes it all worthwhile, of course. My electricity can reach $400 a month and childcare/school tuition is over $800 a month. Ah, family life. :)
 
InternetAuthor said:
There is a significant tax break for carrying a mortgage, but I plan to own this monster outright in less time that the traditional mortgage.
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Yes, but look at interest you pay on that home over time and also if you were locked into those variable mortgages ( not saying you did, but giving you an example of other people in general life ). Also, if I need instant cash for anything ( which i dont ) I can pretty much get an instant loan for value of my house and use that leverage, not saying I would but I see other benefits more valuable then a tax break for my points on mortgage.

The above example though has to factor in a lot of variables, like what your mort. rate is, your home's worth, type of mort., etc. It was just a lot simplier to pay it in cash and be done with it.
 
Lol if I'm ever able to buy a property here in Melbourne Australia, the median price is $600,000 and that will get me a mediocre house in a mediocre neighbourhood. With interest rates of at least 7.5% I'd be up for $4433 a month in repayments. That is $53,196 a year! Keep in mind the average salary here is $62,500. I am FUCKED. Going to be living with my folks for quite a while yet.
 
johnmatrix said:
Lol if I'm ever able to buy a property here in Melbourne Australia, the median price is $600,000 and that will get me a mediocre house in a mediocre neighbourhood. With interest rates of at least 7.5% I'd be up for $4433 a month in repayments. That is $53,196 a year! Keep in mind the average salary here is $62,500. I am FUCKED. Going to be living with my folks for quite a while yet.
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Then stop being average.
 
$375 for rent
$25 for internet
$50 for electricity/water
$400 for food...I eat out most meals..
$30 for car rental fees

So about $900 a month...not bad but i don't live extravagantly by any means. Would mainly just like to stop eating out, cut my food bill to about $250 a month.
 
eliquid said:
Yes, but look at interest you pay on that home over time and also if you were locked into those variable mortgages ( not saying you did, but giving you an example of other people in general life ). Also, if I need instant cash for anything ( which i dont ) I can pretty much get an instant loan for value of my house and use that leverage, not saying I would but I see other benefits more valuable then a tax break for my points on mortgage.

The above example though has to factor in a lot of variables, like what your mort. rate is, your home's worth, type of mort., etc. It was just a lot simplier to pay it in cash and be done with it.
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I'm not saying it's better to carry a mortgage. You just originally asked if there was a benefit to having one. Another benefit is that all of my payments for the last three years are going to buy down a mortgage at a fixed 6 percent. With zero down on a VA loan, all of my "rent" money has been steadily buying a home for years. Had I saved and paid cash, I'd have been required to pay rent during that time which would have had little or no value outside of securing a roof over my head temporarily. Different situations, different solutions. That's life. :)
 
I can see how food prices would vary so much, depending on if people go for the fancy shit or the bargain bin, but I'd like to know what kind of cell phone plans people are rocking to rack up their bills so high.
 
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