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Keeping track of all of your expenditures... #7177359
02/11/21 12:51 AM
02/11/21 12:51 AM
Joined: Sep 2008
Posts: 5,845
Newark, Ohio 80 years
Actor Offline OP
trapper
Actor  Offline OP
trapper

Joined: Sep 2008
Posts: 5,845
Newark, Ohio 80 years
Does anyone keep a tight record of all of your expenses? I just finished up tallying all of my expenses for the year, by the month. SOme of my expenses are lumped together like Hunt/Fish/Trapping/Tanning. Most things are single entry, like Food... for the year 2020, I spent $153.80 a month for food. That averages out to $4.88 per day. That includes if I go out to eat. That includes all spices and other condiments. I usually eat once a day with a snack in the evening of ice cream or something like that.

I also have gasoline for vehicle, which was $18.80 per month. I got an $11.70 raise per month from Soc. Sec. this year so, I can live a little higher on the hog. eek

Garry-

Last edited by Actor; 02/11/21 01:20 AM.

“Don't pick a fight with an old man. If he is too old to fight, he'll just kill you.”

Have been trapping 74 years … WILL be LAST one... or maybe NOT...
Re: Keeping track of all of your expenditures... [Re: Actor] #7177363
02/11/21 12:53 AM
02/11/21 12:53 AM
Joined: Dec 2010
Posts: 25,833
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 25,833
Central, SD
They will suck that $11.70 back through Medicare ASAP.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Keeping track of all of your expenditures... [Re: Actor] #7177366
02/11/21 12:56 AM
02/11/21 12:56 AM
Joined: Aug 2011
Posts: 30,616
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
B

Joined: Aug 2011
Posts: 30,616
james bay frontierOnt.
As long as I got as much as or more coming in than I do going out every month I dont worry about nothin.

Re: Keeping track of all of your expenditures... [Re: Actor] #7177379
02/11/21 01:11 AM
02/11/21 01:11 AM
Joined: Feb 2020
Posts: 1,610
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Posts: 1,610
Indiana
I need to keep tract but don't. I know I spend more than that on gas. Closer to 120 a week in my truck. Another 70 a week for the tractor and mower in the summer. I'm not sure what goes in the wife's SUV. Over 15k in farm expenses it looks like last year. But I made 11 of that back and those projects and equipment will last years and make me much more in the long run.

Honestly I may be better off not knowing.;)

Re: Keeping track of all of your expenditures... [Re: Boco] #7177382
02/11/21 01:17 AM
02/11/21 01:17 AM
Joined: Dec 2008
Posts: 3,321
Yukon
Y
yukon254 Offline
trapper
yukon254  Offline
trapper
Y

Joined: Dec 2008
Posts: 3,321
Yukon
Originally Posted by Boco
As long as I got as much as or more coming in than I do going out every month I dont worry about nothin.


Bingo Boco. Not bragging or complaining but because of the business Im in, I've spent a lot of time with some of the wealthiest people in NA over the last 40-years and I've heard many say that more coming in than going out is the key to being financially stable.


do unto others as you would have them do unto you

www.grizzlycreeklodge.com
Re: Keeping track of all of your expenditures... [Re: Actor] #7177426
02/11/21 04:03 AM
02/11/21 04:03 AM
Joined: Dec 2008
Posts: 4,650
Manitoba
N
Northof50 Offline
trapper
Northof50  Offline
trapper
N

Joined: Dec 2008
Posts: 4,650
Manitoba
I can only dream of spending 20 bucks a month on gas. but if a month is only 2 days long then I'm good to go .
Key factor that the Dragon's Dens and Shark's Tank financiers is knowing the numbers, backwards and forwards when asked, that gets their attention in who is in front of them in the pitch.

I have to keep a tight record cause in a certain IRS phone call, said where did you make all that money ?....trapping....(and the eastern accent said)...you kill animals !

Re: Keeping track of all of your expenditures... [Re: Actor] #7177428
02/11/21 04:15 AM
02/11/21 04:15 AM
Joined: Nov 2015
Posts: 1,407
Kenai AK
K
KenaiKid Offline
trapper
KenaiKid  Offline
trapper
K

Joined: Nov 2015
Posts: 1,407
Kenai AK
I agree with you guys, but you have to know how much is going out, to know if it's less than coming in. It pays to be fairly aware, and the closer the margin is the closer you have to pay attention.

I keep pretty close track Actor. The wife and I have done quite a bit of budgeting over the years, re-evaluating when things change. I believe our groceries are still about $400 a month, which I consider pretty decent with 2 toddlers. I know exactly how much I spend on fuel because I use the Fuelly app, which tracks my mileage as well as spending. Between 2 cars we spend $360-400/month on fuel at current prices. Everything else is pretty consistent bills. No matter what my income is, it's good to know what my break-even point is.


Originally Posted by Dirt
Originally Posted by Rat Masterson
Boco couldn't catch a cold.

But if he did, it would be Top Lot.
Re: Keeping track of all of your expenditures... [Re: Actor] #7177433
02/11/21 04:44 AM
02/11/21 04:44 AM
Joined: Dec 2008
Posts: 19,349
Eastern Shore of Maryland
HobbieTrapper Online happy
"Chippendale Trapper"
HobbieTrapper  Online Happy
"Chippendale Trapper"

Joined: Dec 2008
Posts: 19,349
Eastern Shore of Maryland
Doesn’t your bank send you a summary?


-Goofy-
Re: Keeping track of all of your expenditures... [Re: Actor] #7177458
02/11/21 06:30 AM
02/11/21 06:30 AM
Joined: Mar 2020
Posts: 1,632
W NY
Turtledale Offline
trapper
Turtledale  Offline
trapper

Joined: Mar 2020
Posts: 1,632
W NY
$18.80 a month for gas? Wow approx 8 gal. I use more than that a month in my 4 wheeler, sled, or outboard. Couldn't go to far on that. I don't keep track as long as I can pay the bills and go hunting fishing trapping and save a little.


NYSTA, NTA, FTA, life member Catt.county trappers
Re: Keeping track of all of your expenditures... [Re: HobbieTrapper] #7177476
02/11/21 07:14 AM
02/11/21 07:14 AM
Joined: Nov 2012
Posts: 377
midland, michigan
M
midlander Offline
trapper
midlander  Offline
trapper
M

Joined: Nov 2012
Posts: 377
midland, michigan
Originally Posted by HobbieTrapper
Doesn’t your bank send you a summary?

Not when you pay cash

Re: Keeping track of all of your expenditures... [Re: Actor] #7177493
02/11/21 07:31 AM
02/11/21 07:31 AM
Joined: May 2011
Posts: 5,030
Montana
B
beartooth trapr Offline
trapper
beartooth trapr  Offline
trapper
B

Joined: May 2011
Posts: 5,030
Montana
Yes I do , A.D.C. business and supply business.
Down to fur trapping, also buy some carcuss fur.
Amazing how it all add's up.

Uncle sam knows all grin


Let me sugar coat this
Re: Keeping track of all of your expenditures... [Re: Actor] #7177523
02/11/21 08:14 AM
02/11/21 08:14 AM
Joined: Jan 2007
Posts: 2,622
Northern Minnesota
BernieB. Offline
trapper
BernieB.  Offline
trapper

Joined: Jan 2007
Posts: 2,622
Northern Minnesota
I eat once a day too, 6am to 6pm roughly.

Re: Keeping track of all of your expenditures... [Re: Actor] #7177562
02/11/21 08:45 AM
02/11/21 08:45 AM
Joined: Sep 2013
Posts: 8,850
Green County Wisconsin
G
GREENCOUNTYPETE Offline
trapper
GREENCOUNTYPETE  Offline
trapper
G

Joined: Sep 2013
Posts: 8,850
Green County Wisconsin
wife keeps track of it all, every penny that isn't cash and she knows how much cash I take out also just not what it got spent on.

we had a new high grocery bill for one trip to the store in 2020 800.00 it was two weeks for the week of Christmas and new years.

stock up on a few things and buy some meat and the bill gets high quick.


if I lived alone , I would eat perpetual stew a lot most every time I got hungry. it would be hot and ready to eat . my family doesn't like perpetual stew


America only has one issue, we have a Responsibility crisis and everything else stems from it.
Re: Keeping track of all of your expenditures... [Re: Actor] #7177580
02/11/21 09:00 AM
02/11/21 09:00 AM
Joined: Dec 2006
Posts: 14,849
SEPA
L
Lugnut Offline
trapper
Lugnut  Offline
trapper
L

Joined: Dec 2006
Posts: 14,849
SEPA
I run a small construction company and a property management business. So I track every penny in and out of my business accounts.

My personal accounts jointly held by my wife and I, not so much. I just shovel money into those black holes. laugh


Eh...wot?

Re: Keeping track of all of your expenditures... [Re: Actor] #7177584
02/11/21 09:04 AM
02/11/21 09:04 AM
Joined: Dec 2020
Posts: 69
Qld Au
Rhino1 Offline
trapper
Rhino1  Offline
trapper

Joined: Dec 2020
Posts: 69
Qld Au
I love the price of fuel/alcohol in the states, I never wanted to come back home.
I'm in Australia and costs me $200 a week in fuel to get to work and back also we now have one of the highest taxes on cigarettes in the world, currently around $50 for a packet of 30s or $55 for 25 grams of tobacco, also one Duke trap costs me around $100 and it's around $60 for a single #3 bridger, then I upgrade all the springs etc which adds $24 for 4 coils.


"As far as I can tell, my place is right here..on the smart end of this rifle."
Re: Keeping track of all of your expenditures... [Re: Boco] #7177604
02/11/21 09:26 AM
02/11/21 09:26 AM
Joined: Dec 2011
Posts: 8,840
MT
S
snowy Offline
trapper
snowy  Offline
trapper
S

Joined: Dec 2011
Posts: 8,840
MT
Originally Posted by Boco
As long as I got as much as or more coming in than I do going out every month I dont worry about nothin.

Yep, that is the only accounting I do also. To me I don't care where it goes and spend where it makes me happy and don't worry about money.


Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
Re: Keeping track of all of your expenditures... [Re: Actor] #7177676
02/11/21 10:25 AM
02/11/21 10:25 AM
Joined: Feb 2016
Posts: 1,930
Kentucky
ky_coyote_hunter Offline
trapper
ky_coyote_hunter  Offline
trapper

Joined: Feb 2016
Posts: 1,930
Kentucky
Been accounting all expenses on a daily basis since age 18.


Member - FTA
Re: Keeping track of all of your expenditures... [Re: BernieB.] #7177688
02/11/21 10:29 AM
02/11/21 10:29 AM
Joined: Jan 2019
Posts: 3,890
Wabash, IN USA
Flipper 56 Offline
trapper
Flipper 56  Offline
trapper

Joined: Jan 2019
Posts: 3,890
Wabash, IN USA
Originally Posted by BernieB.
I eat once a day too, 6am to 6pm roughly.

laugh


"Where Can A Man Find Bear Beaver And Other Critters Worth Cash Money When Skinned?"

Re: Keeping track of all of your expenditures... [Re: GREENCOUNTYPETE] #7177723
02/11/21 10:50 AM
02/11/21 10:50 AM
Joined: Mar 2020
Posts: 1,632
W NY
Turtledale Offline
trapper
Turtledale  Offline
trapper

Joined: Mar 2020
Posts: 1,632
W NY
Originally Posted by GREENCOUNTYPETE
. my family doesn't like perpetual stew

laugh


NYSTA, NTA, FTA, life member Catt.county trappers
Re: Keeping track of all of your expenditures... [Re: Actor] #7177768
02/11/21 11:16 AM
02/11/21 11:16 AM
Joined: Oct 2020
Posts: 324
IL
I
ILcooner Offline
trapper
ILcooner  Offline
trapper
I

Joined: Oct 2020
Posts: 324
IL
I spent avg $808/mo on groceries in 2020. These kids eat a ton of food!

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