Tuesday, December 15, 2009
My dad smokes (gross and expensive habit), he spends approximately $7 a day on smokes. That is $2555 over a year! Yuck!
Alcohol is another big one. Although I will usually only drink twice a month, those that drink more it can add up. A case of beer (or a nice bottle of wine) is about $35 and doing that every weekend is $1820 for the year. Then going out for drinks at at least $5 each on top of that, not including cover and coatcheck.
Who is a big coffee/latte drinker? At about $4 a day that's $1460 just in drinks for a year!
DVD or Blueray collectors? It's hard to keep up with the changing forms! Or do you enjoy going to the show each week? Buying a DVD or going out to a theatre each week for $20 is $1040 for a year. Doesn't even include popcorn and drinks!
Another expensive habit that a lot of people have (myself included) is eating out. I do not enjoy packing a lunch, but a typical lunch is $5-10 not including gas expenses. I do splurge occasionally on a lunch or dinner, or delicious snack! Spending just $50 a week in eating out is $2600 for a year.
Books! I am a big collector of children's books. I have spent more money on them then I wish to calculate. If I spend $10 a week on books, that's over $500 for the year. Yikes! I don't even have kids, or a classroom haha.
What about clothes, shoes, jewellery, make-up, furniture, gambling, golf, dry cleaning, computer/video games, sports, etc.
Wow the cost of life sure is expensive. But it's good to know what you are spending your money on, and see if you really can afford it. If you can, then go for it, if it's cutting into other expenses or savings maybe it's a good time to look at cutting a few things back a bit. Maybe only go out for lunch/supper one day a week? Or making your own hot chocolate/coffee at home every other day. A book only once a month? May be tricky but I think I'm going to try a few in the new year. Everything I save from cutting back can be snowflaked into debt or savings.
Do you have any expensive habits?