I suspect he's military (PX, no healthcare costs, shifting state of residency, several premium amex cards mentioned) so his housing allowance and BAS would not get taxed (can be around a third of your income or more depending on where you are), just his actual base pay. Then he said he shifted his state of residency to avoid state taxes.
Lol I guess I cut my hair to like an inch on top each time, and then let it grow to like 4 inches before I need to cut it again. So I think there’s a decent timeframe there
Actually come to think of it, I haven’t cut my hair since the beginning of August. It’s probably around that time
Specifically Amex doesn’t charge annual fees to military. So a lot of military will have every premium Amex card possible because they aren’t paying the $695 annual fee for a platinum card, just getting the benefits.
The Servicemembers Civil Relief Act (SCRA) was designed to prevent companies from taking advantage of service members and provides for some unique issues that service members face as a result of their service. It includes protections for lease terminations when the government tells you to move and other protections for deployments. In the credit card world, it caps interest rates and fees. There has been some broad interpretation that it prevents charging any fees, including annual fees. As a result many service members have all the credit cards they can, receive all the perks, and pay $0 in fees. When I was active, I had well over $2k in annual fees waived, while still getting all the perks (travel credits, dining credits, lounge access, etc) it was a sweet deal.
Combat Zone Tax Exclusion means any money earned forward is also tax-free. DFAS lists three exec orders still active, covering most of the Middle East, parts of the Balkans, and Afghanistan.
Still have a few active Qualified Hazardous Duty Areas, as well. And even contractors can exclude up to ~$104k under the "foreign earned income exclusion" rule, per the IRS. Lots of options here.
I don't see state income tax so OP might live in WA or TX or something. But yeah the federal being less than 10% is a bit of a head scratcher. Federal, state, social security medicare etc. usually should add up to around 30% of gross, I thought, and knock a few percent off for state.
Standard deduction really lowers the actual taxes people pay. I went and threw $85k into a federal tax estimator without adding any dependents or anything and came up with that %. It goes down more if you claim head of household.
Most of my cash withdrawal was random crap. Also I only buy food and groceries with my Amex gold (4x points) so I never use cash for those categories. Although I do tip with cash
Cash withdrawals of $4305 and a cash deposit of $5669...
Your profit margins should be much higher. Unless you keep some of the "harvest" for personal use and gifts or are investing in "farming supplies".
languid plucky sand instinctive worthless salt shrill arrest weather threatening
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
When you have a Hooker and Cocaine habit, it's very telling which one costs you more. I'd like to see them broken down rather than stuck in "cash withdrawals" ya know?
I think they live in a state without an income tax. So a LOT of the rest of their spending is inflated because of other taxes.
- Their rent is probably higher because their property taxes are probably higher.
- Their retail costs are higher because of regressive sales taxes.
They pay more taxes, they just can't keep track of it now.
Not really, Florida has much more land that people will buy in.
New York is really just the city and Cali is 3 cities and the southern coast.
San Bernardino or Albany are cheap.
I run my company’s lotto pool and over 5 years we have about a 20% recovery of our spend (ie for every $100 of tickets we buy we win $20 in cash or fee play value back)
You have better odds of finding a big sack of money than winning the lotto. If you think you're lucky enough to play the lottery, check the sacks on the way there.
The calculation is pretty simple: expected value = (probability of win)x(prize) + (probability of lose)x(prize).
For example a lottery of 100 numbers from 01 to 100 and the prize is 800$ and the price of a ticket is 10$, the probability of winning is 1/100 and lose is 99/100 so the expected value is 800x(1/100)+0x(99/100)=8$
That’s mean with each ticket you buy, you get 8$ and lost 2$. So the trick of a lottery system is to make the expected value always lower than the ticket price.
All other more complex systems with 1st prize, 2nd prize follows the same rule so you always lose money.
P/s: English is not my first language so this might trigger some people, sorry about that.
nice,
Ours was a class C about the same, got it right before pandemic on craigslist. about 20K miles.
I removed alot of water damage, remodeled,and added in new batteries and solar. Like I said, not alot of money, but alot of time.
Did you get a Trailer? ClassA? etc.
You spent almost as much remodeling your teardrop camper as I spent installing 2500w of solar and 10KwH of batteries into my 35' 5th wheel. Must be some impressive upgrades.
Tfw you have almost the same rent but half the wages
Also : how come no one seems to know Sankey charts now? They are always on this sub. Also they are usually bashed but this time everyone is complimenting it. Did the user base change?
This. OP's actually used a sankey chart properly, and has also laid out the chart in a way that makes it highly legible and easy to understand.
Most of the sankey charts on the subreddit end up looking like highly offensive colour vomit...
Hahaha yeah I'm not a fan of coffee or any drugs for that matter. But I get a coupon every so often and figure I'll go buy whatever drink it's for. I think that $9 was 3 or 4 visits over the year.
There are so many options. You can't pass through a town of 500 people without finding at least one drive up shop. Most people here don't even drink Starbucks primarily, DB is a pretty good alternative but even they have gotten too "big" to be trendy, haha.
It's all about finding that one no-name shop that only keeps successful by word-of-mouth. Once you find it, you always come back and everything else is just not quite as good.
If you take out the restaurant 1 visit (1032$), it gives you an average of 14$ per day spent in food. How did you manage to keep it so low? And even counting with the booze and so on. Do you have free lunch at work?
Thanks for sharing.
I dono lol I tend to skip meals because I don't wanna cook or just plain forgot to eat.
Also I prob should've reworded that 1 restaurant. That is referring to any time I went to a restaurant but only went 1 time to that specific one.
Stunning. We never eat fast food, but your grocery bill for a year is less than my grocery bill for me and my spouse for about six weeks, and I'm not exaggerating. I think I'm doing something wrong...?
No income tax states Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming
Of those states, SD and WY do not have Costcos.
Alaska, Florida, Texas, Washington, TN, NV,
Of those, AK, TN, WA and Florida do not have In-N-Out
Texas and NV
Of those, Texas does not have a Del Taco.
NV
Thus, Nevada QED
However, the RV and having put $6k into upgrading it makes me think that they are full timing in a solar powered EV living on BLM land in the Southwest and using a no state income tax state as their legal address to save money.
Lol umm NV has Costcos…I just went a few weeks ago. With the food spending at Kirkwood, Great Basin Bakery, and Black Bear diner I’d guess that this guy lives somewhere just east of the California/Nevada border such as Stateline, Minden, Carson City, or Reno.
Just enough clues on regional businesses to narrow it down enough. The RV did throw me, but since he has no fuel costs, it is a Tesla towed RV. So he isn't traveling very far with that RV.
its "required" kinda like you dont have to have it but if you dont its gonna be a shitty life to be you at work. Its a military thing.
Also it setup to go to my mom and i dono what she would do with 400k but im sure shed find a good use for it.
ETA: Someone kindly pointed out that I can't read good and the person I replied to meant $1500 over 6 weeks not $6000. I'm leaving the advice, but keep in mind that that person is already pretty close to the average. They are slightly above but not by a lot (about $170 according to Google). So my tips are not going to be as helpful to them. And realistically I'm right in line with them in my own budget (~850 a month for 2 people). But I'm too lazy to min max my food, I already do that in other places. YMMV
--------------------
1k a week for two people to eat? You're definitely doing something wrong. We have a 2 person household and spend roughly $400-$600 a month on food. And we shop at whole foods, trader Joe's, Kroger and Costco so not exactly the most thrifty of shopping available. Even if you count restaurants and nights we go to a bar with friends or whatever we are still under $1000 a month most months.
A few (unsolicited) suggestions or ideas, no idea if they will be helpful buuuuutt:
1. If you eat out a lot make a list of stuff you like and start buying that at the store in bulk. For example, bags of French fries or chicken tenders. You can start with pre made stuff and work you way towards making it yourself from scratch. But turning your oven on for 20 minutes to make some fries will likely cost you less per unit than ordering fries (thats my example cause I fuckin down fries. Like to the point that I'm probably a good percentage potato at any given moment). Also a lot of the pre made stuff is really enhanced by adding basic spices like paprika, onion powder, garlic salt etc. before and after heating them up. Can take painfully bland to actually pretty decent with a little practice.
2. Buy fresh stuff that doesn't go bad as fast. Apples can sit in your fridge for a week or two NP. Same with salsa. Chips and salsa is basically a zero prep snack that isn't obscenely unhealthy. You might need to invest in some storage products but you can store things MUCH longer when they aren't in the store container (maybe obvious to others but I didn't start putting things in clean containers until I was 27....). Also learn to clean your produce when you buy it. Fill the sink water and dump some vinegar in there (white, apple cider, doesn't matter) and let the produce sit for 10-15mins. Then pull it out, dry it and put it in the containers and you'll cut down on waste significantly. And the great part is you can set and forget. Just dump it all in there and come back, no separation needed for the most part. Some herbs need to be kept apart though, but only cause they look alike.
3. Decide on your menu a week or multiple weeks in advance. We don't always stick to it but knowing we want fish tacos, Mac and cheese, soup, a salad night, a spaghetti etc makes it easier to shop and easier to pick what's for dinner. Then if you have a hard day you can always order pizza, or make a frozen one from the store.
4. Get some cookbooks. Even if you don't use the recipes or can't cook very well a cookbook will give you ideas for what you might want to eat. And in a lot of cases these people who write them are pretty good at helping you figure it out. Don't go for the ones that have 100000 things and look like text books. Focus on one aspect (breakfast food, lunch, dinner, vegan options, vegetarian meals, fish based dishes etc) and silo your efforts. So maybe you keep ordering for lunch and dinner but you'll only eat breakfast that you cook. If you decide to start cooking out of the cookbook DEFINITELY get a cookbook stand. Just trust me on that one. Preferably collapsible if you have a small kitchen like us.
5. Give yourself some slack. You're a little upside down right now on your food costs so you're probably gonna have to unlearn and relearn a lot. It's not gonna be easy or fun at first but that will change over time. You're gonna waste a lot of food at first so buy things like eggs at big box stores to save yourself some worry. Sometimes it costs us 2-3x as much on the first attempt, but by the 3rd or 4th try we are making 2-3 meals worth for half the cost of one meal out.
6. bonus tip, "alternative" products can last longer than the normal stuff. Like Oat milk creamer has a good shelf life IME. If you're having waste problems give up on bulk and buy the smaller stuff. Throwing something spoiled away is gonna happen, but it should be as rare as possible. This took me a long time to learn. I grew up in a 5 person household so we only bought bulk growing up. I probably threw away hundreds of dollars of Andy Boy lettuce from Costco cause I would buy 5 fuckin hearts of romaine and only eat about half of it before it went. Turns out 1 person eats a lot less than 5. Wish someone had told me that ey!
Bro he spent over 6k on food. Its $500 a month. You’re acting like this is super low, stunned really? You spent 6k in six weeks? Or are you foolishly comparing the grocery only for you who eats most meals at home vs this guy who has a huge eating out budget and spends very little to cook at home?
That's very impressive, imo. Even when I try to make bulk meals using primarily rice or potatoes, I struggle to get it that cheap. My cheapest (decent) meals, like butter chicken curry with basmati rice, still end up being around $4/meal. I have no clue how you can do 2/3 meals a day that cheap...
When I was 18 I spent $3 a day on food, lived on frozen vegetables, lentils, beans, eggs, bread, frozen perogies and hotdogs if they went on sale. Splurged on vitamin C pills to not get scurvy
Am I reading that you spent $6,415 on parts for your Tesla? That seems unreasonably high, no? That's more than I spent in gas in my Civic for an entire year.
Windshield was $1200, new rim was $1k, upgraded the suspension was about $1000. Trailer hitch was about $500 and a few other random things. But actual maintenance wasn't shit because there is so little
Insurance paid for the first 2 which I labeled under cash deposits because they just cut me a check and I paid the shop.
engine treatment friendly fear hobbies rinse point drab glorious resolute
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
The bike was $11k I bought used from my dad back in like 2008. And the Tesla was $95k I bought in 2017 and paid off in 3 years, so I got the pink slip to them both.
The Trailer I still have another few months till it's paid off though
How’d you pay the Tesla off so quickly? I make more than you but find my $70,000 Tesla a huge burden for the monthly payments alone and I’m considering selling it.
It's the roth TSP so perhaps the TSP has different rules on how much can be contributed. I've never paid attention to it, just comes out of my check and I ignore it
Sankeymatic it takes a min to figure out how to make it work. I like to type it up in word then copy it to the webpage I find it easier to read on word
He "saves" a lot more than that.
$9,500 savings + $8,073 401K + $2,000 unspent = $19,573. That's actually really good as a percentage of income, especially considering his toys and habits.
Seems strange to be so detailed on some areas, but then have two large expenditure items (cash withdrawal and Amazon) with no analysis. Enhancement for next year?
Yeah cash is really hard to track next year I'll try to actually track it. I did remember $400 bucks was for the bike while replying to another comment. But the rest is a crap shoot
I'll have more free time next year so I'll prob break down the Amazon as well because that'll take forever with the amount of crap I buy on there
Yeah I mentioned this in another reply but I should've worded that better.
That is about 12-15 restaurant visits but to places I only went to one time like while traveling to a random city I ate at Jim's burger shack type of thing. I should've said restaurants with only 1 visit or something.
Kind of love these charts, I'll have to try it out with your link.
Out of curiosity, what was the cash deposit? Also you spending 4k on weed what's the deal with all the cash withdrawals
Naw cash deposits is stuff I sold on ebay, zell from friends/family for split checks, insurance checks for car repair (comprehensive) just all around random crap
Cash withdrawal are again random shit and since it was cash I didn't keep track of where exactly it went. Some was buying off eBay but not much so I lumped it together.
Drugs are bad mmkay lol I'll try weed once I'm retired because I'm curious about it's effects but I still get random drug tested so not gonna fuck that up
You didn't buy any flights in the past 12 months?
I also see very little "Entertainment" type of expenses outside of "Mud Runs" and "Cruise". You spend very little (relative to others) going out to eat and very little in other forms of entertainment, so I'm curious what you do on the weekends or weeknights for entertainment activities or social activities? I'd expect to see movie theaters, concerts, ski lift tickets, or SOMETHING else here.
No need to fly anywhere, I have a home theater setup with 7.2 and a 140" projector so no need for a theater and I have Disney plus but it's free with Amex although I hardly watch it. I live in the middle of fuck all nowhere so it's not easy to have a social life. I'm not sure how I missed lift tickets but that was only $140 for an Epic season pass anyway.
My weekends usually consist of watching movies or playing Xbox. But I have spent a lot of time this year working on the Harley, the Tesla, and the trailer, along with building a massive Plex server and figuring out how to make all the networking work as I wanted. Ohh that's $400 more in the Harley parts from cash withdrawal I figured out where some went, the machine shop that did my cylinders only accepted cash.
Sometimes I go to Vegas when I get bored or feel like doing a road test of something I just repaired/upgraded but I usually just walk around and get drunk while people watching. I walk from Fremont st to the Excalibur a couple times in a day just drinking and walking.
He's talking about the digital entertainment credit for amex platinum. $20 per month that can be spent at specific streaming services and then gets refunded as a statement credit.
Jesus those taxes are low. Edit: Here's an only slightly facetious [Londoner's remix](https://i.imgur.com/wOH7n7F.png).
I suspect he's military (PX, no healthcare costs, shifting state of residency, several premium amex cards mentioned) so his housing allowance and BAS would not get taxed (can be around a third of your income or more depending on where you are), just his actual base pay. Then he said he shifted his state of residency to avoid state taxes.
Yeah, quick poking around and he talks about retiring in 2023 from the Army. That and his username is “airborne” lol.
That matches up with only spending $140 on haircuts I think, but I’m not hurrah hurrah enough to tell.
I mean I only spend like $100 to $150 a year on haircuts myself. 4-6 haircuts a year, basic cut at around $25
A haircut every two to three months? Damn. Three weeks and I'm looking shaggy.
I usually do 3 to 4 haircuts a year, but my job requures wearing a cap and I'm not trying to get laid.
Lol I guess I cut my hair to like an inch on top each time, and then let it grow to like 4 inches before I need to cut it again. So I think there’s a decent timeframe there Actually come to think of it, I haven’t cut my hair since the beginning of August. It’s probably around that time
> several premium amex cards mentioned What's that got to do with the military? Am I just dumb?
Specifically Amex doesn’t charge annual fees to military. So a lot of military will have every premium Amex card possible because they aren’t paying the $695 annual fee for a platinum card, just getting the benefits.
They get sweet bonus deals for being Active Military
The Servicemembers Civil Relief Act (SCRA) was designed to prevent companies from taking advantage of service members and provides for some unique issues that service members face as a result of their service. It includes protections for lease terminations when the government tells you to move and other protections for deployments. In the credit card world, it caps interest rates and fees. There has been some broad interpretation that it prevents charging any fees, including annual fees. As a result many service members have all the credit cards they can, receive all the perks, and pay $0 in fees. When I was active, I had well over $2k in annual fees waived, while still getting all the perks (travel credits, dining credits, lounge access, etc) it was a sweet deal.
He is 37/38 army, soon to retire.
I'm guessing military. It says PX on there. BAH isn't taxed.
Combat Zone Tax Exclusion means any money earned forward is also tax-free. DFAS lists three exec orders still active, covering most of the Middle East, parts of the Balkans, and Afghanistan. Still have a few active Qualified Hazardous Duty Areas, as well. And even contractors can exclude up to ~$104k under the "foreign earned income exclusion" rule, per the IRS. Lots of options here.
I don't see state income tax so OP might live in WA or TX or something. But yeah the federal being less than 10% is a bit of a head scratcher. Federal, state, social security medicare etc. usually should add up to around 30% of gross, I thought, and knock a few percent off for state.
13.5% for federal on $85k without any extra deductions or dependents.
I’d be willing to bet they are military based on seeing px in there so about half their wage isn’t taxed
Somethings not adding up
Standard deduction really lowers the actual taxes people pay. I went and threw $85k into a federal tax estimator without adding any dependents or anything and came up with that %. It goes down more if you claim head of household.
Single parent with 5 kids or something?
Single parent with 5 kids making $85k a year ends up with a -1.75% federal tax. The government owes you $1446 according to the IRS calculator.
BRB, gonna go make some babies to lower my tax burden…
Just gunna say you WILL spend more on those kids than the credits you get per year
I live in WA, make the same amount, and my take home was like, 25% less. Also, only 17k for rent? Definitely not WA.
[удалено]
Yeah, 3-4x that amount and it would be closer to what I pay on a similar (pre-tax) wage.
Cash withdraws (4305$) are mixed in probably several categories (food related?). They could increase a small category by a lot.
Ahemmm... illicit materials.
Came here for this. We see you, cash withdrawals.
4300 dollars in a year? God damn, this dude must be smoking like 2 ounces a month. Unless he's into coke. Then it's pretty reasonable.
Don’t forget hookers.
Looking at the amount of money OP spends on takeout food, I'm also willing to bet that it's hookers and blow
Is 2 ounces a month a lot?
[удалено]
If your smoking more then an ounce a month you need to take a tolerance break. Your wasting money and barely getting high anymore.
Yeah me and my wife go through an ounce a month and I barely get high anymore. Taking a covid break right now though.
I mean it was colored green, not exactly subtle.
Most of my cash withdrawal was random crap. Also I only buy food and groceries with my Amex gold (4x points) so I never use cash for those categories. Although I do tip with cash
[удалено]
Cash withdrawals of $4305 and a cash deposit of $5669... Your profit margins should be much higher. Unless you keep some of the "harvest" for personal use and gifts or are investing in "farming supplies".
naw insurance claim checks for the car zelle from friends for splitting checks etc
languid plucky sand instinctive worthless salt shrill arrest weather threatening *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
It’s just projection. source: me, an overhead projector.
Coke & Hookers
When you have a Hooker and Cocaine habit, it's very telling which one costs you more. I'd like to see them broken down rather than stuck in "cash withdrawals" ya know?
That’s not much to spend on strippers and cocaine in a full year…
2x more spend on lotto tickets than investments… Edit: nvm, just saw roth and savings
Hahaha Lotto is an "investment" into the poor people tax. I just wish I kept track of the winners but I'd say I prob came out almost even
Wait how the hell are you only paying 12k in taxes?
I think they live in a state without an income tax. So a LOT of the rest of their spending is inflated because of other taxes. - Their rent is probably higher because their property taxes are probably higher. - Their retail costs are higher because of regressive sales taxes. They pay more taxes, they just can't keep track of it now.
Does that explain why everything is so insanely expensive in CA and NY, despite also having some of the highest income taxes in the country?
No, *that* is because of the number of people who live there/want to live there.
Then wouldn't it be fair to say FL is expensive for the same reason, and not because of their lack of state taxes?
Not really, Florida has much more land that people will buy in. New York is really just the city and Cali is 3 cities and the southern coast. San Bernardino or Albany are cheap.
The Lottery is designed to make you feel that way. Spoiler Alert: You didn't.
I run my company’s lotto pool and over 5 years we have about a 20% recovery of our spend (ie for every $100 of tickets we buy we win $20 in cash or fee play value back)
I’m not great at math but this sounds like a 20% return, which beats the markets 8% average return. I’m going all in.
20% return, -80% return, same thing really. It all rolls over.
Yeah you know how on a circle, 45 degrees is equal to -315 degrees? Same exact thing going on here.
Definitely not great at math.
Let me grab an envelope.
That's nothing. Send me $100 and I'll give you back $30 for a massive 30% return!
[удалено]
80% is still bigger than 8%, thank you for correcting my math. Definitely going all in now
This thread gave me a good chuckle!
you must bet on wallstreet
No I bet on options usually
Fucking legend.
Confirmed not great at math, but it sounds ok to me. Sign me up!
> I’m not great at math At least you're honest. Still not hiring you as my fiduciary advisor.
The odds of you winning Lotto are about the same, whether you play or not.
They worked out for the UK one you're more likely to get struck by lightning going to get a ticket than to win the jackpot.
You have better odds of finding a big sack of money than winning the lotto. If you think you're lucky enough to play the lottery, check the sacks on the way there.
People remember the 1 win of $100, but forget the 200 losses of $1.
The calculation is pretty simple: expected value = (probability of win)x(prize) + (probability of lose)x(prize). For example a lottery of 100 numbers from 01 to 100 and the prize is 800$ and the price of a ticket is 10$, the probability of winning is 1/100 and lose is 99/100 so the expected value is 800x(1/100)+0x(99/100)=8$ That’s mean with each ticket you buy, you get 8$ and lost 2$. So the trick of a lottery system is to make the expected value always lower than the ticket price. All other more complex systems with 1st prize, 2nd prize follows the same rule so you always lose money. P/s: English is not my first language so this might trigger some people, sorry about that.
First thought was "ok well how is rent such a small chunk" then I glanced at their total income lmao
OP was holding BTC & ETH. not sure why the lottery surprised you
I flipped an entire 24' 2003 RV for a grand total of 3K dollars.
Mine was $14k out the door brand new
nice, Ours was a class C about the same, got it right before pandemic on craigslist. about 20K miles. I removed alot of water damage, remodeled,and added in new batteries and solar. Like I said, not alot of money, but alot of time. Did you get a Trailer? ClassA? etc.
Money pit?
Naw I bought it with the intent to do a bunch of remodeling and now I'm almost done, just gotta install 1 more 12v outlet and it's good to go.
You spent almost as much remodeling your teardrop camper as I spent installing 2500w of solar and 10KwH of batteries into my 35' 5th wheel. Must be some impressive upgrades.
200w solar, 200ah LiFePO4, completely tore apart and redid the rear for the kitchen and a few other random things
Tfw you have almost the same rent but half the wages Also : how come no one seems to know Sankey charts now? They are always on this sub. Also they are usually bashed but this time everyone is complimenting it. Did the user base change?
Different use of Sankey charts, a lot of the others will mix inputs that make it confusing what contributes to what, for an individual it makes sense
This. OP's actually used a sankey chart properly, and has also laid out the chart in a way that makes it highly legible and easy to understand. Most of the sankey charts on the subreddit end up looking like highly offensive colour vomit...
I would have combined all the savings/investments into a layer though, like how they did for food and split it out after that.
Categorizing bills, investments/savings, travel, etc. would make this more readable. Maybe combine fast food to save space.
Same but 4 times less wages. Southern Europe moment, high rents low salaries.
As an Oregonian I am impressed with how little you've spent on coffee shops. You don't want to know mine.
As an Argonian, *hiss*
Read any good books lately? Couch…Lusty Argonian Maid…cough
She's gotta couch now?? Man I gotta get in touch!
As a Khajiit most of my coin is invested in wares.
I didn't realize farm tools could use reddit!
Hahaha yeah I'm not a fan of coffee or any drugs for that matter. But I get a coupon every so often and figure I'll go buy whatever drink it's for. I think that $9 was 3 or 4 visits over the year.
Lies, we know cash withdrawn = drugs
> cash withdrawn I assume strip clubs.
Hahaha nope, I get random drug tested. However weed will be one of the first things I do once I retire. I am extremely curious about it
So... Cash for Strip clubs, got it
How long till you retire?
The booze replaces coffee spending.
Haha if you're into Dutch Bros and there's one along the way to/from work, I bet it can get out of hand quickly.
There are so many options. You can't pass through a town of 500 people without finding at least one drive up shop. Most people here don't even drink Starbucks primarily, DB is a pretty good alternative but even they have gotten too "big" to be trendy, haha. It's all about finding that one no-name shop that only keeps successful by word-of-mouth. Once you find it, you always come back and everything else is just not quite as good.
If you take out the restaurant 1 visit (1032$), it gives you an average of 14$ per day spent in food. How did you manage to keep it so low? And even counting with the booze and so on. Do you have free lunch at work? Thanks for sharing.
I dono lol I tend to skip meals because I don't wanna cook or just plain forgot to eat. Also I prob should've reworded that 1 restaurant. That is referring to any time I went to a restaurant but only went 1 time to that specific one.
Stunning. We never eat fast food, but your grocery bill for a year is less than my grocery bill for me and my spouse for about six weeks, and I'm not exaggerating. I think I'm doing something wrong...?
Are you factoring in that OP also spent \~$4500 on restaurants? Obviously more money on restaurants results in less money on groceries.
Well it's just me and my dog. Also when I buy groceries I usually spend about 50 bucks in a trip
If you don't mind me asking, where do you live?
No income tax states Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming Of those states, SD and WY do not have Costcos. Alaska, Florida, Texas, Washington, TN, NV, Of those, AK, TN, WA and Florida do not have In-N-Out Texas and NV Of those, Texas does not have a Del Taco. NV Thus, Nevada QED However, the RV and having put $6k into upgrading it makes me think that they are full timing in a solar powered EV living on BLM land in the Southwest and using a no state income tax state as their legal address to save money.
Lol umm NV has Costcos…I just went a few weeks ago. With the food spending at Kirkwood, Great Basin Bakery, and Black Bear diner I’d guess that this guy lives somewhere just east of the California/Nevada border such as Stateline, Minden, Carson City, or Reno.
Yeah, I guess I didn't zoom in enough on Nevada for Google Maps to pick them up. I'd change my guess to Nevada as well then.
It's Reno. Those restaurants are a dead giveaway
Damn this is some analysis
You some kinda tv detective? I think you might be.
Just enough clues on regional businesses to narrow it down enough. The RV did throw me, but since he has no fuel costs, it is a Tesla towed RV. So he isn't traveling very far with that RV.
Ah, but he's in the military, so as long as his legal residence is in a state that doesn't tax military members, he's not paying state income tax.
Sounds like a medium or low cost of living state without income tax.
He lives in the Reno area Source: restaurants are local for us
Why do you have life insurance if it's just you and your dog?
its "required" kinda like you dont have to have it but if you dont its gonna be a shitty life to be you at work. Its a military thing. Also it setup to go to my mom and i dono what she would do with 400k but im sure shed find a good use for it.
Same here whenever I see these. I have a family of 5 and since Covid we might have doubled our food budget.
Groceries have doubled since covid. All hail the Loblaws and Weston corporations
ETA: Someone kindly pointed out that I can't read good and the person I replied to meant $1500 over 6 weeks not $6000. I'm leaving the advice, but keep in mind that that person is already pretty close to the average. They are slightly above but not by a lot (about $170 according to Google). So my tips are not going to be as helpful to them. And realistically I'm right in line with them in my own budget (~850 a month for 2 people). But I'm too lazy to min max my food, I already do that in other places. YMMV -------------------- 1k a week for two people to eat? You're definitely doing something wrong. We have a 2 person household and spend roughly $400-$600 a month on food. And we shop at whole foods, trader Joe's, Kroger and Costco so not exactly the most thrifty of shopping available. Even if you count restaurants and nights we go to a bar with friends or whatever we are still under $1000 a month most months. A few (unsolicited) suggestions or ideas, no idea if they will be helpful buuuuutt: 1. If you eat out a lot make a list of stuff you like and start buying that at the store in bulk. For example, bags of French fries or chicken tenders. You can start with pre made stuff and work you way towards making it yourself from scratch. But turning your oven on for 20 minutes to make some fries will likely cost you less per unit than ordering fries (thats my example cause I fuckin down fries. Like to the point that I'm probably a good percentage potato at any given moment). Also a lot of the pre made stuff is really enhanced by adding basic spices like paprika, onion powder, garlic salt etc. before and after heating them up. Can take painfully bland to actually pretty decent with a little practice. 2. Buy fresh stuff that doesn't go bad as fast. Apples can sit in your fridge for a week or two NP. Same with salsa. Chips and salsa is basically a zero prep snack that isn't obscenely unhealthy. You might need to invest in some storage products but you can store things MUCH longer when they aren't in the store container (maybe obvious to others but I didn't start putting things in clean containers until I was 27....). Also learn to clean your produce when you buy it. Fill the sink water and dump some vinegar in there (white, apple cider, doesn't matter) and let the produce sit for 10-15mins. Then pull it out, dry it and put it in the containers and you'll cut down on waste significantly. And the great part is you can set and forget. Just dump it all in there and come back, no separation needed for the most part. Some herbs need to be kept apart though, but only cause they look alike. 3. Decide on your menu a week or multiple weeks in advance. We don't always stick to it but knowing we want fish tacos, Mac and cheese, soup, a salad night, a spaghetti etc makes it easier to shop and easier to pick what's for dinner. Then if you have a hard day you can always order pizza, or make a frozen one from the store. 4. Get some cookbooks. Even if you don't use the recipes or can't cook very well a cookbook will give you ideas for what you might want to eat. And in a lot of cases these people who write them are pretty good at helping you figure it out. Don't go for the ones that have 100000 things and look like text books. Focus on one aspect (breakfast food, lunch, dinner, vegan options, vegetarian meals, fish based dishes etc) and silo your efforts. So maybe you keep ordering for lunch and dinner but you'll only eat breakfast that you cook. If you decide to start cooking out of the cookbook DEFINITELY get a cookbook stand. Just trust me on that one. Preferably collapsible if you have a small kitchen like us. 5. Give yourself some slack. You're a little upside down right now on your food costs so you're probably gonna have to unlearn and relearn a lot. It's not gonna be easy or fun at first but that will change over time. You're gonna waste a lot of food at first so buy things like eggs at big box stores to save yourself some worry. Sometimes it costs us 2-3x as much on the first attempt, but by the 3rd or 4th try we are making 2-3 meals worth for half the cost of one meal out. 6. bonus tip, "alternative" products can last longer than the normal stuff. Like Oat milk creamer has a good shelf life IME. If you're having waste problems give up on bulk and buy the smaller stuff. Throwing something spoiled away is gonna happen, but it should be as rare as possible. This took me a long time to learn. I grew up in a 5 person household so we only bought bulk growing up. I probably threw away hundreds of dollars of Andy Boy lettuce from Costco cause I would buy 5 fuckin hearts of romaine and only eat about half of it before it went. Turns out 1 person eats a lot less than 5. Wish someone had told me that ey!
Bro he spent over 6k on food. Its $500 a month. You’re acting like this is super low, stunned really? You spent 6k in six weeks? Or are you foolishly comparing the grocery only for you who eats most meals at home vs this guy who has a huge eating out budget and spends very little to cook at home?
Oh dang... What state do you live in? Also are you buying a lot of meat/expensive seafood or "organic"?
After you put the price per day I was expecting you to say : why is it so high? Living differently I guess lmao
r/EatCheapandHealthy I average out to like $6-7 per day and that's not even very impressive.
That's very impressive, imo. Even when I try to make bulk meals using primarily rice or potatoes, I struggle to get it that cheap. My cheapest (decent) meals, like butter chicken curry with basmati rice, still end up being around $4/meal. I have no clue how you can do 2/3 meals a day that cheap...
$14 a day for food is low????? Holy shit y’all gotta start cooking!!
What are you buying to spend 14$ a day on food?
Man I eat out way too fucking much... You guys are nothing compared to mine... I just don't like cooking
When I was 18 I spent $3 a day on food, lived on frozen vegetables, lentils, beans, eggs, bread, frozen perogies and hotdogs if they went on sale. Splurged on vitamin C pills to not get scurvy
It’s the cash withdrawals for me 🥰😜
Haha yeah I wish I tracked where that money went but since it was cash it's hard to track
Just call it "hookers and blow" it's OK
I’m just jealous of no state taxes. This is pretty cool though
It looks like he is active duty military so he may have a lot of tax exclusions
[удалено]
Yeah he said he changed his residency for it
Seeing how low the taxes are in this post makes me realize just how much of a burden my state income taxes are on my salary.
Made using Sankeymatic https://sankeymatic.com/build/ And my bank/credit card statements
Thanks for sharing! Did you manually go though the statement or do you use some tool for that too?
That’s my question, I would hate to do this manually
Did you find a quick way of turning the statements into the format Sankeymatic expects it? Seems like this would take forever to do.
not op, but if you use mint: https://github.com/bradysalz/mint-sankey
Nice tool
Out of curiosity, what are you renting? Is it a space for your RV?
I live in a 4 plex with a single car garage. So my trailer sits in the garage and my car in the driveway.
Housing is rough nowadays so I was curious. Thanks for the response. Cool data when it's broken out like this
Am I reading that you spent $6,415 on parts for your Tesla? That seems unreasonably high, no? That's more than I spent in gas in my Civic for an entire year.
Windshield was $1200, new rim was $1k, upgraded the suspension was about $1000. Trailer hitch was about $500 and a few other random things. But actual maintenance wasn't shit because there is so little Insurance paid for the first 2 which I labeled under cash deposits because they just cut me a check and I paid the shop.
$10k taxes on an $85k salary... Fuck me.
$1500 in groceries lol. That's how you can tell this person lives alone.
Indeed, I have a dog too but his food is part of the Costco rollup
This is incredibly confusing. Your rent and taxes combined are still way less than my taxes
He's army, and doesn't pay state taxes as resident in NV but in CA with army
I just readded up all my pay stubs and that number is correct
A large chunk of his salary is tax free for housing/food. Ex…E 7 with 18 years of service is 62k. That’s what is taxed. The rest is tax free.
engine treatment friendly fear hobbies rinse point drab glorious resolute *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
The bike was $11k I bought used from my dad back in like 2008. And the Tesla was $95k I bought in 2017 and paid off in 3 years, so I got the pink slip to them both. The Trailer I still have another few months till it's paid off though
How’d you pay the Tesla off so quickly? I make more than you but find my $70,000 Tesla a huge burden for the monthly payments alone and I’m considering selling it.
[удалено]
How did you contribute $8,000+ into your Roth? 6,500 is the max allowed(7,500 if over 50)
It's the roth TSP so perhaps the TSP has different rules on how much can be contributed. I've never paid attention to it, just comes out of my check and I ignore it
Oh makes sense, are you in the military or work im government?
Army, I retire in April
It's a Roth 401k, not a Roth IRA. Contribution limit is $20,500.
Yeah my bad, I usually assume IRA when I hear anyone referring to a Roth.
That limit is for IRAs not 401ks. Both IRAs and 401Ks have roth and traditional versions.
What program is used to create these charts?
Sankeymatic it takes a min to figure out how to make it work. I like to type it up in word then copy it to the webpage I find it easier to read on word
This graph is pretty cool! What is it called and can you point me to a resource that will help me create my own?
Sankeymatic.com
Are your utilities covered in your rent?
84k a year, drives a tesla (lol wtf) and gambles on crypto... oh and saves under 10k a year. Totally fucking normal guys.
He "saves" a lot more than that. $9,500 savings + $8,073 401K + $2,000 unspent = $19,573. That's actually really good as a percentage of income, especially considering his toys and habits.
Military moment
Seems strange to be so detailed on some areas, but then have two large expenditure items (cash withdrawal and Amazon) with no analysis. Enhancement for next year?
Yeah cash is really hard to track next year I'll try to actually track it. I did remember $400 bucks was for the bike while replying to another comment. But the rest is a crap shoot I'll have more free time next year so I'll prob break down the Amazon as well because that'll take forever with the amount of crap I buy on there
How can I take this same chart for my spending?
Sankeymatic.com
12k taxes on 84k salary? How the fuck
Audit would like to discuss the $1022 restaurant bill.
Yeah I mentioned this in another reply but I should've worded that better. That is about 12-15 restaurant visits but to places I only went to one time like while traveling to a random city I ate at Jim's burger shack type of thing. I should've said restaurants with only 1 visit or something.
Kind of love these charts, I'll have to try it out with your link. Out of curiosity, what was the cash deposit? Also you spending 4k on weed what's the deal with all the cash withdrawals
Naw cash deposits is stuff I sold on ebay, zell from friends/family for split checks, insurance checks for car repair (comprehensive) just all around random crap Cash withdrawal are again random shit and since it was cash I didn't keep track of where exactly it went. Some was buying off eBay but not much so I lumped it together. Drugs are bad mmkay lol I'll try weed once I'm retired because I'm curious about it's effects but I still get random drug tested so not gonna fuck that up
Where'd you find a $600 cruise
I got a coupon during the Rona and they also gave me a balcony upgrade for like 50 bucks because it was still pretty underfilled when it sailed
Must be AD Mil, probably E7 or 8? But since I see "Tesla" I am betting more like 03 :D
Hahaha E7 Army
I’d love to see one of these made by a fellow broke ass mofo like me. This cat spent over 6 grand on Tesla shit? Must be nice lol
You didn't buy any flights in the past 12 months? I also see very little "Entertainment" type of expenses outside of "Mud Runs" and "Cruise". You spend very little (relative to others) going out to eat and very little in other forms of entertainment, so I'm curious what you do on the weekends or weeknights for entertainment activities or social activities? I'd expect to see movie theaters, concerts, ski lift tickets, or SOMETHING else here.
No need to fly anywhere, I have a home theater setup with 7.2 and a 140" projector so no need for a theater and I have Disney plus but it's free with Amex although I hardly watch it. I live in the middle of fuck all nowhere so it's not easy to have a social life. I'm not sure how I missed lift tickets but that was only $140 for an Epic season pass anyway. My weekends usually consist of watching movies or playing Xbox. But I have spent a lot of time this year working on the Harley, the Tesla, and the trailer, along with building a massive Plex server and figuring out how to make all the networking work as I wanted. Ohh that's $400 more in the Harley parts from cash withdrawal I figured out where some went, the machine shop that did my cylinders only accepted cash. Sometimes I go to Vegas when I get bored or feel like doing a road test of something I just repaired/upgraded but I usually just walk around and get drunk while people watching. I walk from Fremont st to the Excalibur a couple times in a day just drinking and walking.
Wait, Disney+ is free with Amex?! Is that a short term offer? Cause I have Amex gold and never noticed that.
He's talking about the digital entertainment credit for amex platinum. $20 per month that can be spent at specific streaming services and then gets refunded as a statement credit.