TOP TEN MONEY DRAINS: WHAT ARE YOU SPENDING YOUR MONEY ON?

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TOP TEN MONEY DRAINS: WHAT ARE YOU SPENDING YOUR MONEY ON?


[+] ballot by RunsWithScissors
ACTIVE Sun Aug 19, 07 - Fri May 14, 10

1. Coffee -- the average price for brewed coffee is $1.38. There are roughly 260 weekdays per year, so buying one coffee every weekday morning costs almost $360 per year.

2. Cigarettes - the average price for a pack of cigarettes in the United States is $4.54. Pack-a-day smokers fork out $1,660 a year.

3. Alcohol -- assuming an average of $5 per beer including tip, buying two beers per day adds up to $3,650 per year. Figure twice that for two mixed drinks a day at the local bar.

4. Bottled water from convenience stores -- A 20-ounce bottle of water costs about $1. One bottle of water per day costs $365 per year.

5. Manicures -- the average cost of a manicure is $20.53. A weekly manicure sets you back about $1,068 per year.

6. Car washes -- The average cost for a basic auto detailing package is $58. The tab for getting your car detailed every two months: $348 per year.

7. Weekday lunches out -- $9 will generally cover a decent lunch most work days. If you buy rather than pack a lunch five days a week for one year, you shell out about $2,350 a year.

8. Vending machines snacks -- The average vending machine snack costs $1. Buy a pack of cookies every afternoon at work and pay $260 per year.

9. Interest charges on credit card bills -- the median amount of credit card debt carried by Americans is $6,600. Fixed interest rates on a standard card average 13.44 percent. Making the minimum payment each month, it will take 250 months (almost 21 years) to pay off the debt and cost $4,868 in interest.

10. Unused memberships -- the monthly service fee at gyms averages between $35 and $40. At $40 per month, an unused gym membership runs $480 per year.


Which of these is your biggest money drain?

Coffee
Cigarettes
Alcohol
Bottled water
Manicures
Car washes
Weekday lunches out
Vending machine snacks
Interest charges on credit cards
Unused memberships
gasoline
Video games.
Lipgloss


Ballot #117180 : SEE RESULTS

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COMMENTS:
Voted : gasoline
Gasoline for me. That's due to unnecessary trips out. They're not needed, but a drive through the country sure breaks up the monotony on those boring days. I still buy less gas though than what I did when I lived in the city. That city driving will drain a tank fast.

I smoke too, but I darn sure don't spend over $1,600 on it. I roll my own, so it's more like $130 or so a year.
by Grumpy_Person on Sun Aug 19, 07 3:48pm [+]

Voted : Interest charges on credit cards
Followed by coffee, beer and bottled water.
by skylab on Sun Aug 19, 07 4:57pm [+]

Voted : Weekday lunches out
I'm trying to get a handle on my eating out habits...
by thesoothsayer on Sun Aug 19, 07 5:25pm [+]

Voted : Video games.
As for all the other stuff so far on the list don't even apply to me.
by fivenotes on Sun Aug 19, 07 7:20pm [+]

Voted : Interest charges on credit cards
But I just have one cc, at a very low rate of interest. The only other one that applies is gasoline, though I don't drive much (do a lot of walking; work at home).
by mojo on Mon Aug 20, 07 8:17am [+]

Voted : Weekday lunches out
That's the only thing on the list for me, although I don't pay $9.00, usually $3 or $4 day in the hospital cafetera.
by larrynelmira on Mon Aug 20, 07 9:02am [+]

Voted : Bottled water
$5 a beer?

I didn't realize it was so expensive.

I always see those trailer trash bums drunk and passing out on "Cops". How do they afford to pay such high prices??
by LCD on Thu Dec 27, 07 11:14am [+]






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