Budgeting

[Nebulous]

When budgeting money what are your monthly priorities (or what would your priorities be)?

Example:
Top priority - rent or house payment
2nd - electricity, gas, water (utilities like that)
3rd - food
4th - car insurance / health insurance / any other insurances
5th - cell phone
6th - cable tv
7th - internet
8th - paying the kid down the street to mow your lawn 😛
9th - gym membership
10th - Haircuts
......and so on, some people have some have some weird monthly expenses I cant think of right now.

Anyways, if something happened to where you couldnt afford everything anymore.. How would you cope? What would you start cutting out of your life?

 

[HB.]

House payment
Gas in my car so I can make it to work to pay other bills
my food, and my dogs' food
electricity, gas, water (utilities like that)
internet & cable tv
car insurance
credit card bill
cell phone

lol several years back I had roommates who didn't pay their portion of their bill. The power was turned off, but I used a backup gas powered generator to get by for a couple weeks. If my cable/internet was ever turned off, I would just simply tether my Blackberry until I got the internet working again.

 

[MasterA]

My main priorities are food, travel and phone bills.

 

[ddoesmc]

My main priorities are food, travel and phone bills.

Same here. That is a lot of it for me.

 

[Thomasss]

Pretty sure when I actually start having bills, Internet/Housing/Food/Transportation would be my priority. Transportation moreso than anything, since without that you won't have money to budget in the first place. ^.^

 

[Geoffrey]

Honestly, I don't any actual bills since I still live on campus at my university and stay with my parents during breaks. So my budget priorities are:

- Food
- Entertainment
-- Offline Entertainment
-- -- Bars, eating out, etc.
-- Netflix
-- Hulu
-- Spotify
-- Adobe Creative Cloud
-- iCloud
- Clothing
- Travel

 

[Chris K]

My budget priorities are as follow...

Rent
Gas and Insurance for vehicle
Groceries
Phone Bill
Extras (Netflix, hulu and money invested into my website)