Wednesday, May 26, 2010

Expense: Bills and Utilities

This is one expense that we can try to tweak, but more or less it has to be in order to maintain our current level of lifestyle.

Components

Our bills and utilities include:

  • Gas
  • Water
  • Electric
  • Internet
  • Cell Phones

Phone and Internet

I've stated in the past we could probably reduce some of our usage. Especially Internet and Cell Phone, but we have a fairly good deal. We currently have 6 people on our family plan and average $135/month coming out to about $23 a person. Not bad, but of course it could be better. We had a couple months where we had overage, random internet usage fees, and unnecessary texting (which we don't have a plan). I actually like the way China and most other countries does it where only the person sending the text is charged but here the companies double dip from both the sender and receiver of the text message. Oh well.

We're paying $50/month for Internet. We've considered sharing it with our neighbor, but we haven't had a chance to talk with him, since he's been out of town for most of the month.



Final Analysis

According to Mint for the past year and a half we've spent on average $339/month in utilities.

This comes out to be about 8.5% of total budget for the month which is slightly under what we planned for 2010. Nice going!

What can a budget do for you?

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