tag:blogger.com,1999:blog-1131924142966006519.post6556703499944301544..comments2024-03-27T10:31:14.337-05:00Comments on Lisa's Yarns: Finance Friday: 2018 SpendingLisa from Lisa's Yarnshttp://www.blogger.com/profile/05335500882510597919noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1131924142966006519.post-75568964283793482452019-01-25T20:12:27.069-06:002019-01-25T20:12:27.069-06:00Did you not change your witholdings after your got...Did you not change your witholdings after your got married? I am surprised you were hit with such a huge bill... I don't know what 33% of our expenses look like in actual $$, but it seems like a lot. <br /><br />I always appreciate your finance posts (as you know) since you also work in the finance world and know a lot of things that other's might brush over.... <br /><br />I am still amazed at your low grocery (and restaurant) percentage (but again, maybe it just looks low because it's percentages of money spent). It's such a huge chunk of our expenses.Sanhttps://www.blogger.com/profile/10196296268895103846noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-61301227798976067812019-01-12T14:23:56.330-06:002019-01-12T14:23:56.330-06:00I love these posts!
The tax thing must be differe...I love these posts!<br /><br />The tax thing must be different in Canada. We pay huge income tax amounts, but it just automatically comes off of our paychecks, so we don't even really notice it. There was no change after we got married. <br /><br /><br /><br />Jolene - EverydayFoodiehttps://www.blogger.com/profile/11490816021651698189noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-47098018128432191712019-01-11T21:02:22.152-06:002019-01-11T21:02:22.152-06:00For 2018, housing was our biggest expense, as we p...For 2018, housing was our biggest expense, as we put 69% down when we purchased our house! We waited so long to buy that we were able to save for a hefty downpayment. The next biggest expenditure, of course, is taxes. Graciehttps://www.blogger.com/profile/05641028266038110278noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-23282696411387245122019-01-11T17:06:49.642-06:002019-01-11T17:06:49.642-06:00I look at mine every day. But I don't usually ...I look at mine every day. But I don't usually break down into the pie chart -- that's quite illuminating.<br /><br />I was going to be asking you your take on the tax situation. Guess I'll have to wait to find out!Jeaniehttps://www.blogger.com/profile/17482528482559445943noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-14538356143415422862019-01-11T14:16:22.258-06:002019-01-11T14:16:22.258-06:00Anthony is obssessed and looks all the time. I...Anthony is obssessed and looks all the time. I'm just there for the conversations. :) 2018 was a good year for us. I was able to quit my job and we are still able to fully save for our retirements and Isla's college savings. We aren't saving as much extra as we were before (my entire income!!!) but we still can do that, donate, and have fun! We also paid off our house at the end of 2018 (early!) and we will pay off Anthony's truck by the end of this year, which will also be 3 years early and the only other "debt" we have. It's pretty amazing. Now on to saving/buying a lake house!The Many Thoughts of a Readerhttps://www.blogger.com/profile/12261949837343560602noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-91267747640140051232019-01-11T12:25:45.321-06:002019-01-11T12:25:45.321-06:00I'm so glad the condo is finally gone!! And yo...I'm so glad the condo is finally gone!! And you'll be amazed at the big difference that having that little Paul will make on this years taxes. Dependents are huge. Carolina Johnhttps://www.blogger.com/profile/14834384961037080805noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-37772648875787840162019-01-11T11:22:09.689-06:002019-01-11T11:22:09.689-06:00So interesting!! There is no marriage penalty here...So interesting!! There is no marriage penalty here, at least not from what I am aware of. I actually think you get better benefits by submitting your taxes together here but I'm honestly not even 100% sure how all that works. We got quite large tax refunds last year which was nice. <br /><br />2018 was a super spendy year for me. I knew I would have a very low income from maternity leave so had saved up a lot in 2017, but yoga teacher training, our trip in September and honestly probably more shopping than was necessary due to being on maternity leave resulted in blowing through that savings pretty fast. I always start off the new year with really good intentions to be mindful of budget, but I am trying to be extra mindful of it this year to rebuild that savings account back up again, especially since I hope to be on another maternity leave in the next few years, though it won't be quite as hard on the finances next time as my new company tops you up to 80% of your wage for the full 12 months (!!!!), which is incredible! Amberhttps://www.blogger.com/profile/05185652640389232120noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-19726998085459065362019-01-11T08:35:01.649-06:002019-01-11T08:35:01.649-06:00I didn't know about the marriage penalty, but ...I didn't know about the marriage penalty, but now that I'm thinking about it, I think something similar happened with my mom after she married my stepdad. Something to keep in mind! I've always gotten a refund when it comes to my taxes, and I'm really curious what it will look like this year since I've had less money coming out of my paycheck with the tax bill (which is nice paycheck-to-paycheck, but may not be as nice come refund time haha). <br /><br />I love reading your finance posts and these budget breakdowns, so I hope you keep 'em coming!Stephanyhttps://www.blogger.com/profile/01664500645286563334noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-23307448201368064212019-01-11T08:15:28.513-06:002019-01-11T08:15:28.513-06:00I love finance posts! I wish I tracked my expenses...I love finance posts! I wish I tracked my expenses enough to do a similar report, but maybe some day. As for taxes, my friends thankfully had told me that they typically pay in. I took money out of savings to pay for my down payment, so just to cover myself I did an extra $50 per paycheck to the federal government (just for the last 6 months of 2018). If I were to get married, I'd probably bump that to $100 just to lessen the burden of having to pay in. katielookingforwardhttps://www.blogger.com/profile/02739640153974439332noreply@blogger.comtag:blogger.com,1999:blog-1131924142966006519.post-79995275900484891952019-01-11T06:14:48.009-06:002019-01-11T06:14:48.009-06:00I do always appreciate your finance posts! This ha...I do always appreciate your finance posts! This has probably been one of the bigger adjustments for me this time around with marriage because we did decide to merge finances. We both check the account, I know Michael does every day and I check it a handful of times a week. He uses quicken I still write everything down but overall we've done a good job this year. He's a BIG saver and I am not but I do have my retirement savings accounts in various places (still, oops). I think hands down our biggest expense is food. He goes to the grocery store almost every day but we also don't throw much food away. I would imagine if we went just once a week it would probably be around the same amount. Amazon gift cards are my favorite thing to receive and one of my favorite gifts to give!Charbellehttps://www.blogger.com/profile/12023222309412936172noreply@blogger.com