Comments on: Moving: Making the Decision, Part 2 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/ Money issues for college students and 20-somethings, without being boring. Tue, 24 Apr 2012 13:02:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Annie @ Credit Dispute http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-76591 Annie @ Credit Dispute Thu, 06 Aug 2009 03:25:27 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-76591 I use to leave away from home before. And Its really important to budget everything up. From food, apartment rents, transportation and lots of other expenses. I use to leave away from home before. And Its really important to budget everything up. From food, apartment rents, transportation and lots of other expenses.

]]> By: Stephanie http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75319 Stephanie Mon, 06 Jul 2009 05:30:52 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75319 That's a very academic definition of fixed expenses, which is useful in some cases. However, in this case, I was dealing with "fixed" in the sense that I can't choose <em>not</em> to pay them. I can't very well get away with not eating, and it is almost guaranteed that I will have some sort of transportation cost (although it could well be metro instead of driving, I can't be sure at this time). These are all just estimations, of course, but this definition of "fixed" is more useful to me in this exercise. That’s a very academic definition of fixed expenses, which is useful in some cases. However, in this case, I was dealing with “fixed” in the sense that I can’t choose not to pay them. I can’t very well get away with not eating, and it is almost guaranteed that I will have some sort of transportation cost (although it could well be metro instead of driving, I can’t be sure at this time). These are all just estimations, of course, but this definition of “fixed” is more useful to me in this exercise.

]]> By: Accounting Dude http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75305 Accounting Dude Sun, 05 Jul 2009 17:51:40 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75305 Fixed expenses are those that don't change with the level of activity. Thus, food, gas, anc car maintenance are completely variable. If you don't drive your car - you will not have o pay for gas or maintenance(based on mileage). Same with food. Fixed expenses are those that don’t change with the level of activity.
Thus, food, gas, anc car maintenance are completely variable.
If you don’t drive your car – you will not have o pay for gas or maintenance(based on mileage). Same with food.

]]> By: José http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75291 José Sat, 04 Jul 2009 23:37:35 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75291 It's sad to see your parents charge you to live at home. They should be happy that you are living with them, not charging you. Oh..some things you will only see in the US. It’s sad to see your parents charge you to live at home. They should be happy that you are living with them, not charging you. Oh..some things you will only see in the US.

]]> By: Stephanie http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75223 Stephanie Thu, 02 Jul 2009 04:40:57 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75223 Hi Emily! Nice to see you around here again :) I'm going to include things like entertainment in the final part of this topic - part 3. It's definitely an important category, but I have a, well, "different" take on what it should be lumped in with. You'll see what I mean! Suze's calculators are definitely awesome! Sometimes it can help to look a budgeting software or spreadsheets, as well, just to see what categories other people typically include. Hi Emily! Nice to see you around here again :)

I’m going to include things like entertainment in the final part of this topic – part 3. It’s definitely an important category, but I have a, well, “different” take on what it should be lumped in with. You’ll see what I mean!

Suze’s calculators are definitely awesome! Sometimes it can help to look a budgeting software or spreadsheets, as well, just to see what categories other people typically include.

]]> By: Emily http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75222 Emily Thu, 02 Jul 2009 03:40:35 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75222 I've been living outside the nest for a few years now, and have found that it's also important to include items like entertainment in the monthly budget. Even though they are not fixed expenses it helps to have an idea of the maximum amount of money you feel comfortable spending in those categories. Suze Orman has a great budget calculator on her website: www.suzeorman.com. It will help you to think through every possible expense you may encounter and may wish to plan for. I’ve been living outside the nest for a few years now, and have found that it’s also important to include items like entertainment in the monthly budget. Even though they are not fixed expenses it helps to have an idea of the maximum amount of money you feel comfortable spending in those categories.

Suze Orman has a great budget calculator on her website: http://www.suzeorman.com. It will help you to think through every possible expense you may encounter and may wish to plan for.

]]> By: Stephanie http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75179 Stephanie Tue, 30 Jun 2009 02:14:45 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75179 Only because Lex Luthor owns the insurance company! :) Only because Lex Luthor owns the insurance company! :)

]]> By: brista http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75177 brista Tue, 30 Jun 2009 00:09:09 +0000 http://poorerthanyou.com/2009/06/29/moving-making-the-decision-part-2/#comment-75177 <i>You’re not Superman, and even if you were, he totally has at least Kryptonite coverage. </i> Wrong! That's a pre-existing condition, so they wouldn't cover him. :D You’re not Superman, and even if you were, he totally has at least Kryptonite coverage.

Wrong! That’s a pre-existing condition, so they wouldn’t cover him. :D

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