Tue 2 Jan 2007
I Spent $7,350 on Energy Last Year
Posted by RichSlick under Money Management
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I began using Quicken 2007 about midway through the year last year and I’ve been running some reports to see where my money went. I don’t spend too much time looking at every category but a few that always intrigue me are Energy, Healthcare & Dining.
It seems last year I spent approximately $3,316 on fuel for my auto.
I also spent $4,034 on utilities (electricity and gas).
These are annualized numbers but it’s interesting nonetheless.
January 3rd, 2007 at 10:41 am
How much do you drive and how big is your house? My energy expenses are about 40% but I work at home and have a “starter” size house ( though I plan to finish here as well, minimizing my ultilities and upkeep).
I have never spent that much on auto fuel, but I just calculated that if I still had my old commute I probably would. Fortunately, my longest commutes were when gas was around $1.25/gal.
January 3rd, 2007 at 12:42 pm
My home, if I recall correctly, is about 2500 sq ft. two story home. I do have an AC unit that about 15 years old that desperately needs replacing though and that’s a big part of the energy drain. My wife has been on me to caulk the windows too but I don’t believe in air tight housing.
As for driving, I have a gas guzzling SUV and I drive about 30 miles a day. I fill up every 6 to 7 days @ 20 gallons x $2.50/gallon (varies).I am in the market for a couple of new cars though and I had hoped to buy a hybrid vehicle but I’m still waiting to find the right car(s).
January 5th, 2007 at 2:07 pm
Its also “fun” to look at how much your car is costing you per mile you drive.
For example, a Tahoe gets about 14 miles/gal. At $2.79/gal, with a 21 gallon tank, that’s about 20 cent for every mile you drive.