How do you save money?

[Mr. Wizard]

Everything is so damn expensive that I don’t know how anyone is making ends meet. I just won some money and paid off all credit cards and two vehicles so that helped but I made enchiladas tonight and it cost 22.00! You can’t make a trip to sams without dropping several hundred. Eating out, OMG ! Anyways how do you guys/gals save money on life ?
What are your hacks?

[bdj23]

Originally Posted by |Zach|

Every now and then I check out a financial advice reddit and there is a lot of good take aways but it is funny because there are all these financial gatekeeping people judging those asking for advice on stuff.

It really seems anyone south of Elon Musk is making idiotic financial decisions.

Not saying that is happening here but your post made me think about it.

I make about half that and with what my wife makes our combined income is about 130k a year. We live somewhat comfortably but as i said previously, I've had a run of about 15 months lf bad luck with stuff breaking that's $500 here, 1k there ect ect. Thank god I stashed a decent chunk ot change during covid.

I'm pretty frugal though outside of giving myself about $150 a month to bet with. I just wish i could get it through my god damn wife's head that credit card debt isn't good.

[|Zach|]

Originally Posted by bdj23

I make about half that and with what my wife makes our combined income is about 130k a year. We live somewhat comfortably but as i said previously, I've had a run of about 15 months lf bad luck with stuff breaking that's $500 here, 1k there ect ect. Thank god I stashed a decent chunk ot change during covid.

I'm pretty frugal though outside of giving myself about $150 a month to bet with.

Yea, I have made a good deal more in the past 3 years than previously but costs have gone up as well. It mostly works but a few weeks ago I have focused on cutting out some spending. Should not be too bad if I make it a priority.

I am lucky doing freelance photography here and there which can be pretty lucrative and fund a lot of fun things like travel or whatever. That is a big help.

[Hammock Parties]

Originally Posted by Otter

Arguing with a 40 year old virgin that answers phones for a living has already wasted enough of my valuable time.

Anyone who has the displeasure of reading your posts knows you think you have a fan base by saying "my fans" over and over and over...

Enjoy your 3rd shift phone answering phones chubs and never forget I drunk posted 10 years ago because it's all you have to work with.

I'm flying out early. Ta Ta, lard ass.

****ing owned

[bdj23]

Originally Posted by |Zach|

Yea, I have made a good deal more in the past 3 years than previously but costs have gone up as well. It mostly works but a few weeks ago I have focused on cutting out some spending. Should not be too bad if I make it a priority.

I am lucky doing freelance photography here and there which can be pretty lucrative and fund a lot of fun things like travel or whatever. That is a big help.

Photography is a very good side gig if you can get business. I've spent countless thousands on pictures since my wedding with the same lady and she is almost always booked.

[MahomesMagic]

I don't but I naturally tend to keep my over 100 dollar lunches and 1000 a night hookers to less than 3 a month.

[Bearcat]

Originally Posted by bdj23

I love these arbitrary financial rules. Like yeah bro, don't buy a house or have a kid unless you make 200k or more a year. Peak boomer delusion.

Between daycare, 1 car payment, my mortgage and groceries im almost 3/4 of the way there.

Originally Posted by |Zach|

Every now and then I check out a financial advice reddit and there is a lot of good take aways but it is funny because there are all these financial gatekeeping people judging those asking for advice on stuff.

It really seems anyone south of Elon Musk is making idiotic financial decisions.

Not saying that is happening here but your post made me think about it.

Yeah, I see "emergency fund" pretty often on reddit and other advice like always lease a car that largely just doesn't make sense for many people or doesn't make much sense at all... you'd think some people on there are sitting on tens or hundreds of thousands of dollars and never leave their house.

[Pablo]

Originally Posted by bdj23

I love these arbitrary financial rules. Like yeah bro, don't buy a house or have a kid unless you make 200k or more a year. Peak boomer delusion.

Between daycare, 1 car payment, my mortgage and groceries im almost 3/4 of the way there.

CLEAR 200k/yr if you really want to go by the rules. So if your monthly expenses are 4k you need to make $300k or better to justify that amount.

Easy peasy.

[ThaVirus]

Originally Posted by bdj23

I love these arbitrary financial rules. Like yeah bro, don't buy a house or have a kid unless you make 200k or more a year. Peak boomer delusion.

Between daycare, 1 car payment, my mortgage and groceries im almost 3/4 of the way there.

You mean you haven’t gone to the magical job fairy and asked for a position that would put you in the top 0.1% of earners on the planet? Are you stupid?

[Pablo]

Originally Posted by ThaVirus

You mean you haven’t gone to the magical job fairy and asked for a position that would put you in the top 0.1% of earners on the planet? Are you stupid?

I HOPE YOU MEANT TO SAY EARNED YOUR WAY TO THAT POSITION

[Pablo]

I save money by not going out to comedy shows. (or rap concerts)

I just stay home and log in to www.chiefsplanet.com when I need a chuckle!

[Buehler445]

Originally Posted by Bearcat

Yeah, I see "emergency fund" pretty often on reddit and other advice like always lease a car that largely just doesn't make sense for many people or doesn't make much sense at all... you'd think some people on there are sitting on tens or hundreds of thousands of dollars and never leave their house.

Yeah, things like the 50/30/20 rule and 6 months emergency fund are basically so financial advisors don't get sued. I think if you follow those and do stuff like have medical and homeowners insurance and stuff, you'll never have a financial problem.

Most people run leaner than that. Including me. But if a guy followed that, I'd bet he'd never go broke under any circumstance.

I dunno. I always just act like I don't have any money when faced with a purchase and it seems like it works out. I certainly don't exercise the mental bandwidth to manage my personal finances deeply. I'm a nazi about my business financials, but my personal ones less so.

I think those super conservative metrics aren't really necessities, but they aren't without value.

[Bob Dole]

Originally Posted by Bearcat

Yeah, I see "emergency fund" pretty often on reddit and other advice like always lease a car that largely just doesn't make sense for many people or doesn't make much sense at all... you'd think some people on there are sitting on tens or hundreds of thousands of dollars and never leave their house.

Lease or buy is completely based on the economy. I can’t remember the rules because I never had a car note.

[Bob Dole]

Originally Posted by Pablo

CLEAR 200k/yr if you really want to go by the rules. So if your monthly expenses are 4k you need to make $300k or better to justify that amount.

Easy peasy.

Where the hell did that rule pop up from? I have never heard/read that until today.

People are so stupid. I got pre approval 25 years ago for a 200k mortgage. I bought a 38k house. I never wanted to be the guy with a great looking house and a Beemer in the drive with no furniture and a mattress on the floor.

[Pablo]

Originally Posted by Bob Dole

Where the hell did that rule pop up from? I have never heard/read that until today.

People are so stupid. I got pre approval 25 years ago for a 200k mortgage. I bought a 38k house. I never wanted to be the guy with a great looking house and a Beemer in the drive with no furniture and a mattress on the floor.

It's reerun's rule man, we're all just tryin to figure it out as well.

[TLO]

I poop at Kohl's almost exclusively. Saves a lot of money on TP.