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I bet you didn’t realize that. I also bet you won’t look at spending the same way again once you do.
Here’s why it’s true:
You Have to Spend to Work to Earn the Money You Spend
- Commuting costs – Gas spent to get to and from work, public transit costs, extra wear and tear (which means more repair) on your car, car insurance.
- Childcare costs – Ask any working parent how much it costs to pay someone to keep an eye on their kids while they’re at work. Unless you’re fortunate enough to have very generous in-laws in close proximity to you, this can be a huge budget-suck.
- Food costs – The coffee you grab on the way into work, the lunches you pay to eat out because you didn’t have time to brown-bag it, the snacks you grab from the vending machine to combat your crash.
- Wardrobe costs – Whatever you spend over the course of the year on work clothes, shoes, and accessories (not to mention dry cleaning), divided as we did above in the calculation to turn your salary into an hourly wage.
- “Decompressing” costs – I’m not saying you wouldn’t go to Happy Hour or indulge in weekend shenanigans if you didn’t have a job. But, when the majority of your waking hours are filled with a job that can be taxing and stressful, you tend to be more in need of (and likely to justify) pricey entertainment and relaxation on your time off. I’ve certainly called more than a few Girls Nights Out on an emergency basis to damage control what had been an awful day at work.
These aren’t the only work-related expenses you might have, but they’re some of the biggies. Anything you pay for in order to do your job, to cope with your job, or to keep your job, is something you probably wouldn’t be paying for if you spent your days relaxing at home, living off your lotto winnings (or whatever other dream scenario you like to imagine would let you to not have to work).
Here’s Where It Gets Scary
Share your experiences by commenting below!
***Photo courtesy of http://www.flickr.com/photos/socialeurope/4304126242/