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As long as you're alive, it's impossible for you to avoid getting into daily expenses. Even if you're at home all day, there's always some expenses that you can't escape paying.
Have you ever taken time to evaluate how much your daily expenses eats into your finances?
Do you think that you're spending too much daily or on the average?
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Food eats into my expenses. I have trouble having money for food cause I have to support a wife and kid. That takes most of my money so there is nothing left.
Same as the above poster, on a day to day basis, it’s mostly food that eats into my expenses. The second most biggest daily expense would be electricity bills for charging the car and the house
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When I wanted to start investing, I decided that I needed to reduce my daily expenses, because then they reached 10 dollars, which was a lot to get free funds for investing. Therefore, it is very difficult, but with severe economy I managed to reduce them to 7 dollars and free funds to invest and now they bring me more than 5 dollars a day.
I do not spend daily. I shop every week for food and other daily needs. I buy in bulk and wholesale to save. This time prices are skyrocketing
and every now and then prices fluctuate so I better buy in bulk weekly.
When it comes to my daily spending on expenses, I do not have a stable amount. There are times I do spend a lot but there are also times I do not spend at all. So it depends on the situation of things at that point in time.
