What do you spend your money on outside of expenses and investments?

Plz · Post by **Plz** » Tue Oct 23, 2018 2:21 am

I’ve been pretty prudent with my purchases, but after seeing some posts on tax loss harvesting, credit card/bank account churning, etc, I realize I’m still not 100% “efficient.” But this got me thinking - what are some of the “inefficient” things my fellow bogleheads like to spend their money on?

I realized I don’t really collect anything nor have I really bought something for myself in quite a while...so, I’m curious - what do you spend your money on outside of expenses and investments?

denovo · Post by **denovo** » Tue Oct 23, 2018 2:25 am

Everything you spend money on outside savings is an expense.

Plz · Post by **Plz** » Tue Oct 23, 2018 2:30 am

denovo wrote: ↑
Tue Oct 23, 2018 2:25 am
Everything you spend money on outside savings is an expense.

While I suppose this is technically true, I’m sure you understood the spirit of the question

denovo · Post by **denovo** » Tue Oct 23, 2018 2:42 am

Plz wrote: ↑
Tue Oct 23, 2018 2:30 am

denovo wrote: ↑
Tue Oct 23, 2018 2:25 am
Everything you spend money on outside savings is an expense.
While I suppose this is technically true, I’m sure you understood the spirit of the question

The question is so overly broad. A lot of people have hobbies they like to spend money on. What do you do when you're not working?

Momus · Post by **Momus** » Tue Oct 23, 2018 2:44 am

I keep it classy like this dude https://www.youtube.com/watch?v=bI9lIBfAg5M

tantive · Post by **tantive** » Tue Oct 23, 2018 3:06 am

Magic the Gathering cards!

TravelGeek · Post by **TravelGeek** » Tue Oct 23, 2018 3:09 am

Travel and geek (tech) stuff. And coffee. Lots of coffee.

traveler901 · Post by **traveler901** » Tue Oct 23, 2018 3:43 am

Travel, restaurants, bars, activities (concerts, shows, kayaking, etc.)

Nissanzx1 · Post by **Nissanzx1** » Tue Oct 23, 2018 4:46 am

I buy really nice wrist watches. It's my guilty pleasure. Wife likes vacations.

NextMil · Post by **NextMil** » Tue Oct 23, 2018 6:04 am

Things and vacations that make my family and I happy so I don't end up a miser.

randomizer · Post by **randomizer** » Tue Oct 23, 2018 6:08 am

Toys.

Cycle · Post by **Cycle** » Tue Oct 23, 2018 6:21 am

most people spend their non essential money on cars, unnecessary graduate school, bigger houses than they need, etc.

trips to maldives are trivial in cost compared to owning and maintaining unnecessarily large homes or luxury vehicles.

anyways, for me I'd say travel and restaurants

Case59 · Post by **Case59** » Tue Oct 23, 2018 6:43 am

529's for my grandkids and travel are my two main "nonessential" items.

VictoriaF · Post by **VictoriaF** » Tue Oct 23, 2018 6:47 am

International travel.
Domestic travel.
Comedy classes.
Writing classes.
Books.

Victoria

boomergeneration · Post by **boomergeneration** » Tue Oct 23, 2018 6:55 am

Yearly Boglehead Conference.
Organic fruits and vegetables.
Lots of international travel.
Movies.
Books.
Netlix, Amazon Prime and HBO Now.

blueblock · Post by **blueblock** » Tue Oct 23, 2018 7:15 am

Services (housekeeping, yard, handyman)
Personal trainer
International travel

daheld · Post by **daheld** » Tue Oct 23, 2018 7:17 am

I love to travel, though we haven't done much recently. I like kayaking, camping, and other outdoor activities, which gladly take up lots of fun money.

Plz · Post by **Plz** » Tue Oct 23, 2018 7:19 am

VictoriaF wrote: ↑
Tue Oct 23, 2018 6:47 am
International travel.
Domestic travel.
Comedy classes.
Writing classes.
Books.

Victoria

Classes! What a fantastic idea!

Jack FFR1846 · Post by **Jack FFR1846** » Tue Oct 23, 2018 7:23 am

Offroading gear for my Wrangler. This is my first year in the activity, so expenses are high but controlled. 5 tires, about $1,000, Rock Rails, about $550, rear lift (DIY front) $100, replace the steering stabilizer $40, FRS radio, fire extinguisher required by club $50. Trail fees about $100 so far, club membership $50. The activity brings one or both of my 2 boys (18 and 22) with me. I'm waiting before I do my next purchase....probably skid plate for oil pan and transmission for about $200 until I sell some fire wood or get my next RSU's paid out.

mhc · Post by **mhc** » Tue Oct 23, 2018 8:12 am

charitable contributions and travel are the top two by far

Competitive sports for children
eating out
cable TV
gym membership

Thegame14 · Post by **Thegame14** » Tue Oct 23, 2018 8:19 am

daycare and taxes......besides that I guess since we don't really good, take out food, an occasional concert....The rest is just staying above water with bills, and trying to pay down debts.

lostdog · Post by **lostdog** » Tue Oct 23, 2018 8:29 am

traveler901 wrote: ↑
Tue Oct 23, 2018 3:43 am
Travel, restaurants, bars, activities (concerts, shows, kayaking, etc.)

+1

cs412a · Post by **cs412a** » Tue Oct 23, 2018 10:59 am

I've enjoyed taking one class per semester (mostly online) at the local community college for the past several years: meteorology, geography, art history, music, criminal law, trigonometry, macroeconomics, etc. All the courses I didn't have time to take when I was in college the first time (back in the early 70s). CC tuition was very reasonable. However, now that I'm over the age of 65, tuition is free and my only expense is the cost of the textbook.

I've also been studying Korean on my own (Rosetta Stone) for the past year.

Travel.

Renting a rowing machine.

And, of course, what I pay the cable company for Internet access.

Sheepdog · Post by **Sheepdog** » Tue Oct 23, 2018 11:19 am

Give away to charities and family plus I buy whatever i want (the whatever must not require interest to be paid)

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What do you spend your money on outside of expenses and investments?

What do you spend your money on outside of expenses and investments?

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Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?

Re: What do you spend your money on outside of expenses and investments?