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08-22-2007, 11:52 PM #1herberkids3Guest
Top 10 Budget Drains, a Yahoo Article
Here's a list of the top 10 drains on your budget. Maybe it'll help
some of you out, on identifying where you can trim your budget a
It's easy to fritter away money on daily expenses. If you fall into
these money traps, learn to avoid them and pocket the savings.
1. Coffee 6. Car washes
2. Cigarettes 7. Weekday lunches out
3. Alcohol 8. Vending machines snacks
4. Bottled water 9. Interest charges on credit cards
5. Manicures 10. Unused memberships
1. Coffee -- According to the National Coffee Association, 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 Campaign for Tobacco Free Kids reports that 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. Weekend smoker?
Buying a pack once a week adds up, too: $236.
3. Alcohol -- Drink prices vary based on the location. But 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. That's not chump change.
4. Bottled water from convenience stores -- A 20-ounce bottle of
Aquafina bottled water costs about $1. One bottle of water per day
costs $365 per year. It costs the environment plenty, too.
5. Manicures -- The Day Spa Magazine Price Survey of 2004 found that
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, according to Costhelper.com. 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 . Buy a pack of cookies every afternoon at work and pay 0
9. Interest charges on credit card bills -- According to a survey
released at the end of May 2007, the median amount of credit card
debt carried by Americans is $6,600. Rate tables on Bankrate.com
indicate that 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
10. Unused memberships -- Costhelper.com reports that the monthly
service fee at gyms averages between $35 and $40. At $40 per month,
an unused gym membership runs $480 per year.
Copyrighted, Bankrate.com. All rights reserved.
08-30-2007, 07:24 PM #2herberkids3Guest
Top 10 Budget Drains, a Yahoo Article
My husband packs his lunch at night when the kids pack theirs for
school in the morning.
We also buy him things like pretzals, cereal bars (the nutrigrain
kind), and a few other snacks he keeps locked up in his office. That
way, he doesn't hit a vending machine for a snack when he gets
munchy at work.
His work provides free drinks- soda, flavored water, orange juice,
milk, coffee, espresso, etc, so that's a savings we have, too. On
the days he forgets to pack a lunch, he'll spend $2 on 3 tacos at
Taco Bell, bring it back to work, grab a free drink, and eat in.
--- In Budget101_@yahoogroups.com, Peggy <queenpeggy29@...> wrote:
> I used to buy a lot of bottled water, in the case when it is on
sale, and individual bottles when I needed one in a pinch.
> Then I started reading about the effect on the
environment.......billions of bottles going into landfills and it
takes 1,000 years to break down plastic......and not to mention the
chemicals that leach out as it breaks down.
> And then I learned that bottled water is nothing
special.....it's just tap water. And why does ANYONE spend $1.39 to
$1.79 for a bottle of tap water???????????????? Or why would I
spend ANY amount - even the cost of buying it on sale by the
> Convenience (to me) is equal to laziness.
> I had several bottles on hand, and I have an insulated lunch
bag. Every night I wash out my bottles, fill them about half-way
with plain old water, and put them in the freezer overnight. In the
morning, I fill them the rest of the way with water, put them in my
bag and take them with me.
> This is a very simple thing for me to do -- I am already
packing my lunch every night, so it just takes about a minute more
to fill & freeze my water bottles. I'm helping the environment,
helping myself, because having the water handy means I"ll actually
drink the water), and I'm helping my wallet as well! (If you buy
only ONE bottle of water a WEEK, it adds up to $72 to $93 a year.)
> I also stopped drinking soda for pretty much the same reasons.
I was able to find canned soda by the case for $3.99, which comes to
about 17 cents a can opposed to 75 cents a can from the vending
machine at work. This was that I was reading about how bad soda is
for you, so I stopped drinking it, regular and diet as well!
> I am no health-nut, but I am prudent and I realize I don't need
soda every day.. So I only drink one now occasionally....
> I mentioned I am packing my lunch every night. It only takes a
few minutes. At first I had trouble disciplining myself to do it,
but now I do it as I clean up the kitchen after dinner, and it has
become routine I pack a couple of snacks a day, too. I have been
doing this diligently now for three months, and I can see the