Where burn your hard earned cash?
By deodavid
@deodavid (4150)
Philippines
March 27, 2012 5:09am CST
Hey there everybody,
Money has always been a major topic here in my-lot and I can only guess the number of topics here that are about cash. I know a lot right.
But i would like to know about where do you spend most of your hard earned dough ( that sounds like someone trying to steal money info over the net). Sorry for that but anyway for me I just put it in percentages.
Well as of today, i will put the money that i will be earning in for.
100% Money
40-45% On debt
15% Food
10% Fare money
5% Internet
5% Cellphone
5% Electricity and Water
7.5% Date
7.5% Savings
That sums about it but I by the end of the year that debt will be sooooooo gone!
How bout you guys how do you segregate your cash?
7 responses
@Cherish14 (2693)
• Philippines
27 Mar 12
hmmmm you seem to have so much things to pay for. awwww and you even something for your date. but that's also good that you have some for your savings. hmmmmmmm so far, all i want to save up for is getting a place of my own and get out of my parents house 
1 person likes this
@deodavid (4150)
• Philippines
10 Apr 12
Well i do try to make ends meet i mean i can work all day long kill my self with stress and comeback to life again but you cant take away the part that gets me going it is the want to be with my love ones, my gal my sisters and my mom i try to make time i soldier on to make time.
@magtibaygom (4858)
• Philippines
9 Apr 12
Spending money on the Internet, buying more domain names, and paying article writers to write articles on my behalf. I need to buy or register more domain names, have them hosted, and build more backlinks for my link wheel. Then fill them with articles, lots of articles, on a daily basis. Spending money to make more money on the Internet! 
1 person likes this
@deodavid (4150)
• Philippines
10 Apr 12
hey there magtibay my country man if only i do have the time I'll ask for things that i can do more money but i think my-lot or online thing is more of a leisure for me and just a little amount of cash i want from theses sights, thanks for the tip ang tibay moh!
@josephperera (2906)
• Sri Lanka
28 Mar 12
Luckily I enter my expenses in Excel and I can give the exact figures for February 2012.
Bank Charges and Interest 18%
Food and Groceries 15%
Medical 6%
Electricity 4%
Gas 4%
Vehicle Fuel 11%
Insurance 7%
Car Loan repayment 25%
Internet 5%
Land 5%
I know I pay a lot for the car loan and bank interest, which I hope to bring down soon.
@deodavid (4150)
• Philippines
10 Apr 12
Hey those are things that you need right so no judgement here and we do have different expenses since we do things differently with our lives any thanks for sharing and i like that your separation of expenses are well thought and are prioritized well, thanks for sharing.
@lowyder (282)
• Canada
27 Mar 12
mine is fairly simple by time i have money saved it is time to spend it or burn it away pee it up a tree lol so here is my monthly sometimes weekkly.daily habbits that consum all of my money
Rent ,bills,
Food,,
smokes.
dog food,treats.
ALWAYS trying to save to get ahead but things come up
@deodavid (4150)
• Philippines
10 Apr 12
hey you are right i forgot to put in the dog food part men my budget is all messed up any way it is all okay sometimes i get the dog food from online payouts and it is quite great anyway good allocation simple yet very informative and hey smokes, that is bad for you my friend sorry my friend i have to say that since i am a health worker and yeah smoking is bad for you.
@deodavid (4150)
• Philippines
10 Apr 12
Hey there theizers well it is a nice presentation on allocation and segregation of expenses i should say but try to make your own i mean our needs and wants are different, anyway i know you already know that so good-luck on that let us work hard to earn more money so that we can spend it on things that we need.
@bobben012 (35)
• Germany
27 Mar 12
Online cash is virtual cash - my favorite action is to invest further in fine silver ..
1 person likes this
@joannamarie089 (76)
• United States
27 Mar 12
If I had to put my spending into percentages, it would probably go a little something like this:
30% Car (Auto loan, Car insurance, Gas)
25% Home bills (Rent, Cable, Electric, Gas, Water)
15% Student Loans
10% Baby (Diapers, Wipes, Formula, Food, Etc)
10% Groceries
5% Going out
5% Medical/Dental insurance
As you see, there's no money left over for any savings. Being a single mom is tough. You try to work as much as you can to provide for your child, but you want to be home as much as you can to actually be there for your child. I would love to be a stay-at-home mom, at least until my daughter is in school, but that won't happen any time soon. I'm hoping I can make a little extra money online (MyLot and such) to be able to put away into savings. It obviously won't be a ton of money, but it'll be something.
@deodavid (4150)
• Philippines
9 Apr 12
yeah small as it may seem and minute i think whatever we can get from online jobs we take right and i like that you work hard for a living for your daughter it is good that you are dedicated and strong mothers are like that my mom is so i really like her outlook in life and thanks for sharing your budget management is nice and big numbers on the things most needed that is good prioritization.
