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Old 07-12-2008, 08:37 AM   #1
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Default Your most expensive habit?

I finished a book last night, it wasn't that great a read, but it did have some pretty cool stuff in it. It was an educational book on personal finance. I stole (borrowed as I will return it) from a friends home and got interested because of a phrase on the cover which read "How to retire on the money you waste". Anyhow, the book details the amounts of money most people waste on Luxery and Bad or even Not So Bad Habits could be deverted into a fund of many types and become the actual nestegg that carrys them later in life. Such as the high cost of smoking, if you buy a carton of Cigs everyweek, and quit but devert the same amount of money into an IRA over time the same money that you would have spent anyway will be growing and eventually be a huge sum of money based on how much you used to spend on Cigs or the time that you quit and contribute to the fund.

I know I waste quite a bit, my most expensive habit is travel. I love to see and visit places that I have never seen or visited. It is really cool to me to see new places and see how others live and have an experience to local culture somewhere I amnot acustom to. If I had all the expense of my travels I could do something great with it.

What is your most expensive habit?
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Old 07-12-2008, 08:40 AM   #2
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Default RE: Your most expensive habit?

My wife!:doh
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Old 07-12-2008, 08:51 AM   #3
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Default RE: Your most expensive habit?

My most expensive habit was my Coral Reef tank (Saltwater aquarium) but it is so mature now that it is taking care of itself and there is nothing else to buy, got it all. I guess my fishing and hunting habits:doh
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Old 07-12-2008, 09:42 AM   #4
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Default RE: Your most expensive habit?

Hunting no Fishing no Hunting no Fishing no Hunting no Fishing no Hunting no Fishing. In all seriousness if all your saving your money for is to retire are you really living life? Not saying that I dont save but wouldn't you rather live life and work a few extra years.
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Old 07-12-2008, 09:49 AM   #5
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Default RE: Your most expensive habit?

Currently my most expensive habit has to be without a doubt going to a gas station:reallycrying. Right below that has to be traveling, so in saying that, it boils down to "Susan"oke



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Old 07-12-2008, 04:41 PM   #6
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Default RE: Your most expensive habit?

Quote:
RiverGulfFshr (7/12/2008)My most expensive habit was my Coral Reef tank (Saltwater aquarium) but it is so mature now that it is taking care of itself and there is nothing else to buy, got it all. I guess my fishing and hunting habits:doh
You got me. Are those things expensive? I could see how they would be, but you obviously know more than me. They cost alot?
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Old 07-12-2008, 07:48 PM   #7
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Default RE: Your most expensive habit?

surfing

and fishing

and gas getting to do both.
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Old 07-12-2008, 07:52 PM   #8
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Default RE: Your most expensive habit?

BLuewater fishing (anybody that does it knows what i mean):banghead:banghead I spend all my money on lures i have so many its not funny.:reallycrying But the Bodacious crew beats me by a long shot on how much they have spent on lures and everything else.
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Old 07-12-2008, 08:07 PM   #9
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Default RE: Your most expensive habit?

Fishing: 4.71% of my "total spending". If you're smart, never ever keep track of it like I do. You'll get in trouble from time to time.
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Old 07-12-2008, 09:34 PM   #10
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Default RE: Your most expensive habit?

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jpaul (7/12/2008)Fishing: 4.71% of my "total spending". If you're smart, never ever keep track of it like I do. You'll get in trouble from time to time.
That is interesting. You use QuikBooks? I do, but I don't catagorize personal spending it would probably cause problems.
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