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Where Do You Spend Most of Your Money?

I’m putting myself on a strict spending diet in May. For the last two months, I’ve been scrutinizing exactly where I shell out my precious dollars. At times, it’s made me more than a little neurotic about my moolah, but it’s no doubt been the best lesson. Just like with dieting, I have to assess what I’m eating if I’m going to actually change my food habits. Speaking of food…turns out, that’s exactly where most of my money has been going. Last night, I took a long hard look at my bank statement to see what I spent last week and since I debit almost all of purchases this is a fairly accurate snapshot of my spending. The outcome: A whopping $136.32 went towards food—this includes: groceries, dinner out with friends, pizza delivery and getting breakfast and lunch at the cafeteria at my job. To some that might not seem like an absurd amount but as an editorial assistant trying to make it in one of the most expensive cities in the world, I’m always looking for ways to save here, so I can spend there. At this pace, I’ll be spending roughly $600/month on food alone. This kills me—especially since I could easily save a bundle on lots of these food-related expenses. Example: Did I really need to order that $15 Papa John’s cheese pizza if I had perfectly good food in my fridge? Do I have to eat breakfast and lunch at work everyday? (For the record, Hearst’s cafeteria is ridiculously good. But it’s not free.) If I add an extra 30 minutes to my morning routine, I could eat breakfast and pack a lunch at home. Given my current cash flow, this is the most reasonable option. And honestly, if I’m going to spend, I’d rather put more towards shopping for new spring duds and less on dining out during the weekday. It sounds simple, but let’s see how I do next week. I’m curious, what do you spent the most money on during the week? What’s your money goal for May?
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About the Authors
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Cubicle

Call me "CC," Cubicle Coach. I have been "you" and now I can hire "you." I have many years of experience playing the angles, doing the dance. In my time, I've seen 'em all - the strivers, the poseurs, the weasels, the Eeyores, and the precious few who "just get it." I'll tell it to you straight.

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Eileen

Eileen Conlan is an assistant editor at Marie Claire. She lives in New York City, and loves cooking, reading and reviewing new books, and shopping the city for the perfect deal. She also has an affinity for traveling, and anything vintage, making the Hell's Kitchen flea market her favorite weekend haunt.

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Jihan

I'm an editorial assistant in the features department, I'm addicted to the New York Times crossword puzzles (Monday only!), figuring out how to save a little money in the country's most expensive city and bad reality television.

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Maura

Maura Kutner is a Brooklyn-based freelance writer who was recently laid off from her glamorous magazine job. While she searches for employment, she gets by babysitting, selling her stuff on eBay, and bartending in midtown Manhattan.

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