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Message started by PollyPocket on Nov 5th, 2008 at 9:14pm

Title: I have to ask, sorry
Post by PollyPocket on Nov 5th, 2008 at 9:14pm
and I am asking out of frustration. This is one of those "ann landers" type of questions -  please help settle an argument...........

How much is "enough" spending money per week?  Including gas, cigs, incidentals...   what is the average?  We have quite a mix of people and economic levels here -  what is your average?  (ballpark it if necessary)

I hope that isn't too personal  :(


Title: Re: I have to ask, sorry
Post by Jonny on Nov 5th, 2008 at 9:26pm
For me?

Gas: $100 (but its paid by my company)

Beer: $80

Cigs: $70

Incidentals: $65

Thats an average week for me. :D




Title: Re: I have to ask, sorry
Post by CH-HELL on Nov 5th, 2008 at 9:27pm
 Wow Jen hope every things alright at home that question is fixed because I've been at the low end and the high end of the earning scale and it really depends on how much you make.  If you would have asked that 15years ago I would have said $25 a week is plenty but now I cant even answer that, I dont know.  It all depends on the finacial situation.
   Hope all is well,   Phil

Title: Re: I have to ask, sorry
Post by thebbz on Nov 5th, 2008 at 10:43pm
Hell Jen, were discussing if heating the house is optional. It's tight everywhere. We have to shoot a couple extra bambies and can the garden so we can buy 02.
all the best
the bb

Title: Re: I have to ask, sorry
Post by Callico on Nov 6th, 2008 at 12:31am
for incidental spending money I use less than $5 a week, but then I'm trying to get out of debt.

Jerry

Title: Re: I have to ask, sorry
Post by ClusterChuck on Nov 6th, 2008 at 1:50am

Jennifer wrote on Nov 5th, 2008 at 9:14pm:
How much is "enough" spending money per week?  Including gas, cigs, incidentals...   what is the average?  We have quite a mix of people and economic levels here -  what is your average?  (ballpark it if necessary)

What is this?  Do you mean to tell me that some married guys get to spend money, without having to get it from the wife?  And she is NOT there to approve the purchase? ("No, you can't have that candy bar!")

In all the years I played at being straight, and was married, I think my allowance was around $0.00 a month ...

Chuck


Title: Re: I have to ask, sorry
Post by mummymac on Nov 6th, 2008 at 2:32am
you pay your rent, buy your food, put money aside for Elecrtic/Gas/Telephone  etc , getting to work and back and whats left is left,  split as you need to  and if you have more left still to spend count yourself lucky.

Hope all is well in your corner of the world  ;)

Title: Re: I have to ask, sorry
Post by jimmers on Nov 6th, 2008 at 7:15am
Gas= $40 (Sometimes less because I get reimbursed for mileage)
Cigs= $35

Incidentals = $? it varies

What up Jen?

Title: Re: I have to ask, sorry
Post by deltadarlin on Nov 6th, 2008 at 8:01am
I don't smoke and my gas is paid for by my company, but I spend about $25.00 a week to eat.  Maybe another $25.00 for *incidentals*.

Carolyn

Title: Re: I have to ask, sorry
Post by PollyPocket on Nov 6th, 2008 at 8:24am
reason I asked:

Out of my weekly paycheck, 1/3 goes to groceries (food and dry goods), 1/4 car payment, plus 1/3 of my pay goes in the bank as "savings".   I don't make a whole helluva lot.

I have $50 a week TOTAL for gas ($30 wk), cigs, and incidentals (like that 35 cent bag of fritos to go with my lunch)  I bring my breakfast and lunch almost every day to work with me.

I am "not saving enough". I just needed to see if I am on track, or truly overspending.


Title: Re: I have to ask, sorry
Post by jimmers on Nov 6th, 2008 at 9:21am
1/3 in the bank for savings is a hell of a lot more than most people I'm sure, me included. I'm trying to get better at it though, but with these times its a lot tougher than it used to be.

Sounds to me like your doing everything right! Like Oprah says, "You gotta pay yourself first" Easy for her to say! Lol

Did you do a home equity for the car? It may be cheaper and you can deduct the interest on your taxes. Just a thought.

And once a month, buy a BIG bag of Fritos at Wal-mart, then put some in a zip-lock bag every day with your lunch. I figure it'll save you about $7 a month! That's it for MY shopping skills! :D

Jimmers

Title: Re: I have to ask, sorry
Post by midwestbeth on Nov 6th, 2008 at 10:08am
I have two teenage girls who spend all my incidental money.  ::)  It is always something with them.

I can get by with about 50 a week and that does not include around 100 for groceries.  Gas is paid for by my company.

Beth

Title: Re: I have to ask, sorry
Post by Agostino Leyre on Nov 6th, 2008 at 10:44am
Wish I could save 1/3 of my paycheck........ I think you're doing well if you are able to sock that much away.

Title: Re: I have to ask, sorry
Post by vietvet2tours on Nov 6th, 2008 at 10:52am

Jennifer wrote on Nov 5th, 2008 at 9:14pm:
and I am asking out of frustration. This is one of those "ann landers" type of questions -  please help settle an argument...........

How much is "enough" spending money per week?  Including gas, cigs, incidentals...   what is the average?  We have quite a mix of people and economic levels here -  what is your average?  (ballpark it if necessary)

I hope that isn't too personal  :(

 I just know that when I wake up in the morning and open my eyes a cnote is gone.

                 Potter

Title: Re: I have to ask, sorry
Post by Bob P on Nov 6th, 2008 at 12:43pm
Gas is a joint bill - around 300$/month

My wife and I each get a $350/mo allowance to spend as we please, no questions asked by the partner.

Title: Re: I have to ask, sorry
Post by Melissa on Nov 6th, 2008 at 12:47pm
Jen is that actually your savings, or your savings for bills?

Title: Re: I have to ask, sorry
Post by Redd on Nov 6th, 2008 at 1:01pm
What is savings?  :-/

Title: Re: I have to ask, sorry
Post by PollyPocket on Nov 6th, 2008 at 2:32pm
that is towards savings, for emergencies.   Thinking about it, it varies from 1/4 to 1/3 depending on overtime. (seriously y'all, its not much, but its something, right?)

Title: Re: I have to ask, sorry
Post by Jonny on Nov 6th, 2008 at 8:49pm

Jennifer wrote on Nov 6th, 2008 at 2:32pm:
(seriously y'all, its not much, but its something, right?)


You damn right, Sweets......ANY money that you dont put there.....Aint there, right? ;)

All you can do is plug away with whatever you can tuck away for an emergency.......My Dad taught me that early on.

I like to drink beer and I turn every damn can in for each nickle, thats just alittle more into MY emergency fund.  :)

Title: Re: I have to ask, sorry
Post by jimmers on Nov 6th, 2008 at 9:00pm
Jen,

Who needs money when you have all of us? :D

You are rich girl, trust me ;)

Jimmers

P.S. Don't forget to buy the big bag of Frito's! Lol

Title: Re: I have to ask, sorry
Post by DonnaH_again on Nov 6th, 2008 at 9:04pm
I don't really have "spending money".  My social security and retirement money cover my fixed expenses.  My part time job covers food, gas, etc.

When you raise three children by yourself, even when working 1-1/2 jobs, you don't have any money to sock away for a rainey day.

I'm not complaining.....I made my choices and I live with them.  

Your income determines what is normal spending money for YOU.

Title: Re: I have to ask, sorry
Post by Linda_Howell on Nov 6th, 2008 at 9:45pm



42.00 per month on cigarettes.


    Last month I had a cup of coffee at Starbucks while I had to wait for  someone.   $2.35 cents.   I feel so guilty.

Title: Re: I have to ask, sorry
Post by superhawk2300 on Nov 6th, 2008 at 9:50pm
First, this thread depresses me. It is criminal that we had to bailout millionaires who screwed up so bad it hurt the entire country. As someone else put it "It can be hard in America for the rich to not be rich". It is like they are forced to be rich, regardless of how incompetent they are. Man is that frustrating.

Jen, if you are putting away 1/3 into savings you are doing awesome. Jim is correct - pay yourself FIRST, just like it is a bill.

Not to be picky, or judgmental or whatever, just observing, but I wish I smoked so I had something to quit to find a quick way to "make" more money........Again, just saying, not judging or preaching. :)

Title: Re: I have to ask, sorry
Post by Charlie on Nov 7th, 2008 at 1:14am
I dunno Jen. I spend something like $2,500 a year on groceries. The rest goes to gas and utilities (power here is incredibly cheap though. I spend about $25 a month).....of course there are property taxes but I try not to think of them.

Charlie

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