What takes up the biggest chunk of your income?

Philippines
February 4, 2009 4:18am CST
For our family, it is food. It takes about a quarter of our monthly income. Maybe it is because food is expensive in the Philippines. I guess for some it would be rent or housing. How about you? What is your biggest expense in a month?
2 people like this
12 responses
• Canada
1 Mar 09
I spend the biggest chunk of my pay cheque on my sibling's school expenses and my parents' living allowance (40%), then my utility bills (cable, internet, phone), food and shopping (cookbooks, shoes and clothes).
• Philippines
20 Feb 09
our biggest expenses is for our kids. for their vatamins, vaccines, baby foods, formula milk and of course "2 yayas". its close to half of my income are budgetted for them. my husband's share is the monthly amortization of our house and lot. well, that's philippine lifestyle...
@neildc (17257)
• Lapu-Lapu City, Philippines
5 Feb 09
I can say that food has the biggest chunk in my income. That is only with the kids and grown ups, we still have a one year and nine months baby who needs at least 500 pesos for his formula only...
1 person likes this
@gracypure (530)
• Philippines
10 Mar 09
Hello blungel0830! I also live in Philippines, i agree with you that food is the biggest expense but for my family situition... house is our biggest expense cause we just are renting semi-condo here in manila, well, good fo me and my family because the father of my kids have an uncle that possess goodheart and source of living.
• Philippines
12 Mar 09
Hi gracypure! Rent or housing took a big slice of our earnings during the first 3 years of our marriage. But now, by God's wonderful grace, we have now moved into a house where we are don't have to pay any rent anymore that is why food now takes up the biggest part of our earnings. Thanks for your response!
• Philippines
5 Feb 09
I don't have income yet, but I consider my weekly campus allowance is my sort of income. TRANSPORTATION SWALLOWS TWO-THIRDS OF MY INCOME. My campus is an hour away from where I live, so it's supposed to make perfect sense, but--jeez! Is my allowance too small or is my fare too big?
• Philippines
6 Feb 09
Hello chance2691. Don't fret about not having any income yet you will have your share when you find a job and you will have some income, too, here in myLot! And about your transportation, I am sure it will surely take a big slice of your allowance if your campus is an hour away from where you live. I used to have the same travel time to school and it drains not only my pocket but my energy as well. I am so blessed now that I only have to walk 1 km to get to my office.
@donsky14 (5963)
• Philippines
4 Feb 09
Definitely food...I'm not yet married, but most of my income will go to food. Like, I don't hesitate in spending on it. Next would be my bills, then shopping.
• Philippines
20 Feb 09
good for you friend, enjoy it while your still single. im also like that when im still single. when the time comes, its the kid/s who will be the priority. godbless...
@michmich2 (432)
• United States
4 Feb 09
Definitely housing related costs, although we do spend quite a lot of money on food also!
• Philippines
4 Feb 09
Thanks for your response, michmich2. We don't spend much on housing because we are neither renting nor paying for a house...not just yet. The house we live in is a big blessing from God.
• Malaysia
13 Mar 09
The biggest we have to spend is on rent. It takes up half from the salary that my husband brought home and it is making our life quite difficult. But we don't have any children so we don't buy a lot of food. Furthermore we don't have to buy milk, diapers and other children things which would eat up a lot of costs. Besides that, we are also doing part time job. We have a small business selling sate, a type of grilled chicken and beef on sticks. If you come here to my country you must taste my delicious sate. I
• Philippines
7 Feb 09
Hi there. Well, as expected, a huge chunk of our family's income goes into paying the rent and utility bills. I usually contribute half of my salary for this cause and the rest is used to buy food. However, when it comes to personal expenditures, I'd say most of my half of my salary goes to paying my credit card bill.
• Philippines
6 Feb 09
I spend most of my salary on my credit bill. Lol I have to pay my monthly insurance and the appliance I bought for 6 months installment and other stuff too using my credit card. Sometimes I spend my money on food. Other things are mostly spend for necessities and hygienic stuff.
@jlamela (4909)
• Philippines
6 Feb 09
It's always FOOD. My budget has greater allotment for food and vitamins because they are much needed of our body to function well. I am renting right now because I am still single, so I have no big problem so far in bills, I only pay P1,000 per month and it is already covered light and water bills for my boarding house.
@sweety_81 (2129)
• India
5 Feb 09
Hi, My biggest monthly expenses are on Food items and my Transportation .