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Reply to "What is the most frugal (or cheap) thing you do to save money?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Per Early Retirement Extreme, the biggest outlays are housing, transportation, and food. That's where to focus on if you want more money left over. By extension, our biggest frugal move was to buy a house that was the equivalent of 2x our projected salary when we moved to the area. Salary increased and we paid it off in 3 years. Everything else pales in comparison. However, we also make it a point to only buy used cars and in cash. On the food end, we spend more due to aiming for fresh this and that, but we also rarely eat out and don't buy soda / beer / etc. The healthy eating is also much cheaper in the long run due to reducing odds of all kinds of health issues when we're older, so we see it as long term health insurance.[/quote] 'Early Retirement Extreme' must not have kids. For a lot of parents, the biggest expenses are childcare for kids under 5 or private school for kids over 5. Food is just a rounding error compared to the cost of daycare. Sending my kids to public school is one of my frugal actions, having only one car and using public transportation to commute to work is another.[/quote] Take it up with the Department of Labor, because they say exactly the same thing. Here it is in [url=https://www.creditloan.com/blog/how-the-average-us-consumer-spends-their-paycheck/]infographic[/url] form: [img]https://content.creditloan.com/wp-content/uploads/Pay-Check-IG-A-1.jpg[/img][/quote]
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