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Help. Am I spending too much?

Asked by FLUTH3R (24points) May 29th, 2009

God damn I feel as if I do everything in my power to keep spending to a minimum (I buy value brand everything), but I still feel as if I am spending too much. I went over my balance over the last pay period and here is what I found.

$135.50 = dumb shit
“Dumb shit” is a category that includes things that you just have to do. Included in this are things like soap, my haircut, Mederma (I recently got a scar), going out, and fast food.

$90 = Doctor
$54 = phone
$52 = gas
$55 = weed
Ok some of you may say eliminate the weed, but to me weed is simply a social activity. This displaces money that would be spent in a bar, the movies, or some other place that non-smokers go to.

$300 – My truck that broke down

I don’t see how I can curb my spending anymore. I seem to get these big ticket items once a month or two. This month it was my truck, last month it was taxes, soon it will be insurance. These are things I feel I have to pay.

My phone. I have the cheapest thing you could get, a MetroPCS.

The weed, I buy the cheapest shit I can find and try to make as much of the money back as I can while enjoying it (if you know what I mean)

The doctor, well I have to pay that too. There is no other way about it. I hope to be able to cut this cost soon though.

The “dumb shit.” Well I feel I have to spend this too. These are just everyday happenings like “lets go to wendys.” or “lets go to the bar” (where I spend >15) Some of this “dumb shit” is legitimate. I had to get the Mederma, the protein powder, the milk, some food, and the haircut. I know I could cut this a little more. I would say 40% of it is “needed” and the other 60% is social.

I see a lot of people who are spending way more than me and I don’t understand how they can possibly do it. I am in college and make $9hr at about 30 hrs a week.

Am I budgeting wrong, or am I just not making enough money (life does cost money). My goal is to have a DECENT social life while still having my savings grow. Is my spending normal, low, or high compared to others?

This is a two week pay period btw

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