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

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities
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Topic Author
Plz
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Joined: Tue Oct 09, 2018 10:26 pm

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

Post by Plz »

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

Post by denovo »

Everything you spend money on outside savings is an expense.
"Don't trust everything you read on the Internet"- Abraham Lincoln
Topic Author
Plz
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Re: What do you spend your money on outside of expenses and investments?

Post by Plz »

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

Post by denovo »

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?
"Don't trust everything you read on the Internet"- Abraham Lincoln
Momus
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Re: What do you spend your money on outside of expenses and investments?

Post by Momus »

I keep it classy like this dude https://www.youtube.com/watch?v=bI9lIBfAg5M :twisted:
tantive
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Re: What do you spend your money on outside of expenses and investments?

Post by tantive »

Magic the Gathering cards!
TravelGeek
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Re: What do you spend your money on outside of expenses and investments?

Post by TravelGeek »

Travel and geek (tech) stuff. And coffee. Lots of coffee.
traveler901
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Re: What do you spend your money on outside of expenses and investments?

Post by traveler901 »

Travel, restaurants, bars, activities (concerts, shows, kayaking, etc.)
Nissanzx1
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Joined: Wed Jul 18, 2018 11:13 pm

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

Post by Nissanzx1 »

I buy really nice wrist watches. It's my guilty pleasure. Wife likes vacations.
NextMil
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Re: What do you spend your money on outside of expenses and investments?

Post by NextMil »

Things and vacations that make my family and I happy so I don't end up a miser.
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randomizer
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Re: What do you spend your money on outside of expenses and investments?

Post by randomizer »

Toys.
87.5:12.5, EM tilt — HODL the course!
Cycle
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Re: What do you spend your money on outside of expenses and investments?

Post by Cycle »

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
Never look back unless you are planning to go that way
Case59
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Re: What do you spend your money on outside of expenses and investments?

Post by Case59 »

529's for my grandkids and travel are my two main "nonessential" items.
"Most quotations on the internet are incorrect."-Mark Twain
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VictoriaF
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Re: What do you spend your money on outside of expenses and investments?

Post by VictoriaF »

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

Victoria
WINNER of the 2015 Boglehead Contest. | Every joke has a bit of a joke. ... The rest is the truth. (Marat F)
boomergeneration
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Re: What do you spend your money on outside of expenses and investments?

Post by boomergeneration »

Yearly Boglehead Conference.
Organic fruits and vegetables.
Lots of international travel.
Movies.
Books.
Netlix, Amazon Prime and HBO Now.
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blueblock
Posts: 877
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Location: Wisconsin

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

Post by blueblock »

Services (housekeeping, yard, handyman)
Personal trainer
International travel
daheld
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Location: Midwest US

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

Post by daheld »

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.
Topic Author
Plz
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Re: What do you spend your money on outside of expenses and investments?

Post by Plz »

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

Post by Jack FFR1846 »

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.
Bogle: Smart Beta is stupid
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mhc
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Re: What do you spend your money on outside of expenses and investments?

Post by mhc »

charitable contributions and travel are the top two by far

Competitive sports for children
eating out
cable TV
gym membership
Thegame14
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Re: What do you spend your money on outside of expenses and investments?

Post by Thegame14 »

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

Post by lostdog »

traveler901 wrote: Tue Oct 23, 2018 3:43 am Travel, restaurants, bars, activities (concerts, shows, kayaking, etc.)
+1
cs412a
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Re: What do you spend your money on outside of expenses and investments?

Post by cs412a »

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.
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Sheepdog
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Location: Close to my love, retired 1998 at age 65

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

Post by Sheepdog »

Give away to charities and family plus I buy whatever i want (the whatever must not require interest to be paid)
“One moment of patience may ward off great disaster. One moment of impatience may ruin a whole life.” — Chinese Proverb
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