147. 2025 Expense Review Part 1 - From $93K to $192K, A Tale of Four Households

Hello, it's your financial friend Maggie. Welcome to the Inside Out Money Podcast. Okay, hey everyone. Hi. Hi guys. Hey. Y'all, this continues to be our most popular episode of the year. It is time for the 2025 annual expense review with all the co-host. I feel like we need some sound effects. Oh my gosh. Please. I drum. Okay. But I will say this is going to be a two-part episode. Okay. This has become such a long episode with four families that are reviewing expenses. We're going to now make it a two-parter. The first part is going to be where we all go through high-level expenses, our top categories, some more learnings. And for the second part, we are going to go into some specific comparisons on some categories where we really are trying to focus on more like commodity categories. Not necessarily commodities, but things that are, so not commodities, but things that are more comparable that people often are curious about. Like food, spend, insurance, spend, things like cell phones, medical stuff, things like that. I hope you guys will stick around for part one, which you're listening to right now, and part two, which you'll hear next week. And if you're new here, welcome to Inside Out Money. This is a personal finance podcast focused on redefining wealth from the Inside Out. Most weeks, I speak with a rotating set of co-hosts about a different financial topic to help you improve your financial mindset and tactics. But this week, we have all the co-hosts. And like I said, this is our most popular episode of the year. So we've got co-host Andrew. We're just rotating more quickly, like usually we rotate every week and today we're rotating every few minutes. Exactly. But we got Andrew, Liz, Erica, and then Greg, also known as my husband. We're going to jump into this. So we all track our expenses. It's really important to kind of know where, where the money is going. And this, I think this is the first full year that we're all on monarch money, which is what we use for tracking our expenses, which is a great application of a bunch of us used to use mint, but now we're on monarch. And we're going to go through kind of each of our high level expenses and go through what's changed, what the highlights are, and hopefully it can provide some insight into how each of us are managing our monthly and annual budgets and what our goals are. I will add also Andrew, we are all paying for monarch. And for those who are curious, like we are not sponsored by monarch. We love to be sponsored by monarch, but we're not. We should be. We should be. We talk about it a lot. But for those who are curious, it the product itself is right now it's $99 if you pay annually all at once or it's $14.99 if you pay monthly. They also have a lot of promotions where you get like 50% off your first year. You can get a first month free. So I would definitely like try to always sign up on a promotion. We'll put some referral links in the show notes and we share them on social media sometimes, but as someone who doesn't always love paying a monthly fee for things unless I'm getting enough value from it. I don't mind paying for this anymore, right? Early on I was like, well, it's really, you know, it was nice that mint was free, but with a free product you got to like poorly managed product in many ways. And monarch like you get what you pay for it's a great product. It's very much worth $100. I saved more than that just in things that it caught where like I didn't get a refund from a vendor or something else. Yeah, they're always updating it, adding new features and it very well maintained as opposed to men's which felt like it had not been updated in a decade. I think that's because it had not been updated in a decade. Mint was definitely a bit of a wear. I would also add that often on this podcast, we are saying here are some things. Maybe we don't say that you should do, but that we think are a really good idea. This episode is different. I never said I was a role model. We are just giving you an unvarnished look into our actual personal finances. We're not saying this is what you should spend or even have a spending is a good idea. Just this is your purely for your entertainment and nozziness. I think it's a great thing. This doesn't get talked about very often. So being able to have some insight into the types of things that were either spending money on or potentially even saving money on. And then the commentary and the thought process of why we kind of each of us made our some of these decisions that we make when it comes to our budget. The roasting is my personal favorite. I mean the thoughtful questions. The thoughtful questions, right? Well, and while Liz is right on that we're not saying you should spend like we spend or making any recommendations, we are recommending you should track your expenses. And it's such a critical part of any five journey or traditional retirement journey. If you know what you spend every year, you can figure out how much you need to have saved. And if you have no idea what you spend every year, there's really no way you can figure out what you need for a traditional or early retirement. So super important to track your expenses at least to the high level, but the more granular you get the more actionable the information is the more you can make helpful changes to reduce your costs if needed. Yeah, knowledge is power. Knowledge is power. I think it's also fair to say for all of us, though we're spending at some drastically different levels that you'll see as we get into our expense review. I think we're all spending fairly intentionally and within our means and our financial goals, which I think is often the most important thing, right? So it's just to know, you know, to your point, knowledge is power and then Liz, to your other point, I sometimes like to say like do as we say not as we do. I may not always be the best role. If you're trying to spend less money, I might not be a great role model for you right now. I've got a lot of great tips for it that I have used it various times in my life, but I'm in a very spendy phase, which we'll get into. Okay, speaking of that, we should jump in. I think let's do it. Liz, you should go first. Okay, I will guess how much money I spent last year total. Are we doing prices right style rules? Because I'm going to guess one dollar one dollar. All right. Well, our total spending and also sorry one more caveat before we get to the good stuff is that we take our housing expenses out because some of us don't have more edges anymore. They're paid off. I just just like to keep that number private like me, because I'm embarrassingly high and it also just makes it a little bit easier to compare apples to each other. So our total my total spending in my household of two adults, not including a place to live was 93,456 dollars or that works out to about $7,788 per month, which I'm not I will say anything under 100K. I feel pretty happy about. I think you should be. I mean, I felt happy. It was a really good number. I felt happy it was over 100K too. So I don't know. I just feel happy about money. All right. My biggest categories and descending order. So when you take out like mortgage taxes, investing. So when we actually spent and made decisions on our biggest one, no surprise here was food, 19,591 dollars. That includes groceries, restaurants, take out all the things. And we're going to double click into food spending. So don't you worry. We will bring you all of those those details. But that works out for the two of us to about 1632 a month, which is a little bit higher than last year. But I know exactly why that's higher. I feel fine about it. All right. Travel was about $11,000. It works out to 917 dollars a month. We didn't do a ton. We spent a couple weeks in the southeast early in the year. So we came out and saw Maggie and we didn't inside out many meetup. And we spent like a very long weekend, like a week in New York City. And then we went to Washington state for two months, so kind of daily living expenses and travel expenses got a little bit blurry there, but our road trip out and back. And some of the things that we just had to pay for to get ourselves there is in that travel category. All right. Moving on our next biggest expense was charity. It was just over $10,000, which is that's just about where I like to be for the year. Driving. I just get so frustrated because our cars paid off. So our driving costs totaled $5,563. So that's insurance, tolls, parking, charging. We have an electric car. It just seems like it's just it always just seems like way too much money for me. Okay. These next couple ones are boring medical $5,000. It was kind of a quiet year, but doctors is its glasses celebrate that. What was medical last year for you? Oh gosh, it was very high. It was. I don't know. We hit her out of pocket max last year, which is the very first time I've done that. Turns out a week in the ICU. And the good news is you'll hit your out of pocket max on your insurance. So long story. Okay. Utility. Why at medical years. The good thing. Seriously, I know I was still like, how is it $5,000? But then you know, as it turns out, all those numbers they add up. Okay. Utilities 6,736. That's like gas electric trash water internet streaming cell phone. Can I tell you though, if I have like one squishy category in my budget, it is internet. Like you know when you buy stuff and you use app, you like pay with your Apple ID. That's all internet. I'm like, that's internet. So sometimes the internet is $50 a month. Sometimes it's $100 a month. And I do not click into that. That is my one place in my finances that I just don't really care. I do a online, what I call online subs. So like anything that's a subscription goes in one category. And then like Apple pay, I have typically that goes into my shopping bucket. Just because anything that's anything is being done with Apple pay is typically going to be in the shopping category. So that's one way I handle that. Yeah, that makes sense. I feel like when I pay with Apple pay, it just shows up whatever the store was though. Like if I Apple pay a Nordstrom, it shows up on me in monarch as Nordstrom. But you can do a rule in monarch that's like because it always prefaces it with Apple pay in it. So you can have a rule that then shuttles that somewhere else. All right, advanced monarch move. We love that. Okay. Our house cleaning is always kind of a bigger expense for us. $3,400. It works out to about 283 a month. But what it actually is, is $200 every other week. And I was posting a little bit about that on Instagram. I had a lot of people in my deals. So we recently downsize from like we lived in a very large home and we moved last year into a one bedroom apartment. And our house cleaners were going to charge us the same. They were like, yes, the same. It's 220. And I like, I love them so much. We gathered up all of our courage and we were like, could we pay a little bit less? Could we just pay 200 and they said, yes, so. Did you ever just had a curiosity asked like, you know, it's 20% the space. But you know, like just I would just be so curious because they might just be like, oh, we kind of just have a minimum. I would guess that they have them. I think that they probably have, I don't even think they're taking new customers. Like I think they're booked and busy. It's two women who run it on their own. And I think it's half of the cost is like getting to where you need to go. Right. It's the driving time and like bringing the materials and bringing them out. And so. Like one kitchen. I guess it's fewer bathrooms, but I don't know. I didn't I just I we have used cleaning companies that I have really strongly just liked like the communication was bad. Maybe the quality of the service was bad. And they're so good. I just decided that of all the things on my list. This was not the place to try to optimize for cost. So. That's fair. Mostly because we both work from home. And so having someone who's good at communicating and we know what day they're going to show up and we know what time they're going to show up. That is like something I'm happy to pay more for, but maybe in the future will look for something else. Good questions. All right. A couple more. Okay. I just did a whole episode on list gets loaded about this because our gift spending almost double this year. And I figured it out. It won't we had a couple of weddings and a couple of other things that I decided in 2025 that my new favorite thing was being the person who sends flowers. And I just started sending flowers like someone started a new job got promoted lost a job was in the hospital, whatever it was, I it feels a little bit old fashioned and. If I'd known you started your own business, I would have sent you flowers like congratulations on launching your business and I every time you do it, it doesn't feel like that much money, but we sent flowers 16 times last year. And it's like more than $100. So pop so I got to I got to reevaluate my gifting budget for this year. But Liz, I do love this and I was the recipient of one of those 16 times and it was it was such a nice thing. I got it just the smile put on my face when I got it. I was like, that was awesome. Liz, I actually love that you did that and I feel like there are ways that you can be not you, but other people like I want to do kind things for people like what's the way that I can do it that's a little more cost effective like if it's someone local I'll go put together a bouquet because that's something I enjoy and I have like a lot of bases that I'm happy to, you know, pass along and then just drive them and leave them on their front porch myself, but I get that if people don't live near you that's harder to do. I think this is something that you enjoy doing and Andrew's a perfect example of saying how much it made him happy. But I will say if you can't afford this one trick in addition to like Erica's point is I have used I know everyone has different feelings about Amazon right now. But Amazon fresh and I have had I think I did this to you once Erica like a couple years ago from like something that was happening. But like you can send them like a bottle of wine some nice chocolates and you can sometimes it'll be like 20 or 30 bucks and it's free delivery and it it shows up like that same day you kind of know the time window and you know if someone's going to be home and even if they're not home and can sit on their front porch. But it is a very cost effective way to send someone a nice little surprise that sometimes isn't as expensive as flower delivery also just a fun tip of people ever want to use that. Yeah Maggie I like that one even though I don't have prime anymore but I actually did that because you had done it for me when people were going through things like maybe they're not going to get to the grocery store you send them just some snacks and some flowers and stuff you know they're like the like and it's very thoughtful and so yours that's a really yeah that's a good one you can even do like fresh fruit and like goldfish I mean you can just do stuff for the kids a little bit of everything of little picnic. Okay so you spent a lot of flowers I think that's actually not a bad thing yeah I agree and I think what you're just having to probably do through Instagram and you were talking about is basically grocery delivery right. But they can just anything to have at the grocery store like flowers wine chocolate yeah that's a good idea I actually we were talking about monarch money and one of the if you. So we all have a referral codes to monarch money and of course I talked about it all the time and so you get these gift cards now and there was nothing on the list that I wanted to gift card for so I did I've been caching out all my infer like one I. Because so now monarch supports my I know I love them even more they support my habit so. Okay last couple of things Christmas deal okay I'm so curious my Christmas budget used to be around a thousand dollars total and it in past years it has ballooned up to about 26 hundred dollars I send car I spent a lot of money on cards we buy cards from minted I pay for the extra full wheel I pay for the cute envelopes like I'm doing all the things and then I started sending out loads get loaded cards and that was another expense and then I started going like a little bigger with the gifts for people. Who works on my team at work plus family gifts and so anyway so now I'm up to 26 hundred dollars I feel good about it but I don't know it's just changed a lot we don't even track Christmas separately we just track gifts but we do I mean even if I like buy a friend dinner I'll put it under gift not in my food budget so I mean we're what was our I don't know what our gifts was but we we don't do a lot of Christmas gifts and we do Christmas gifts for our kids and nobody else in our family exchange gifts. I did use to spend money on work people gifts and I think that is a good thing to be extra generous on well we spent two thousand six hundred just on gifts to kids that doesn't include gifts to other people but that was throughout the year to yeah that's throughout the year but a lot of that was how is that so high feels really high we'll come back to that one yeah ours is thirty almost thirty six hundred but I live I'm seeing a theme where like you like to show affection through gifting people things yet you are having a hard time reconciling that with your financially minded self so maybe that's when you need to let go because do you feel good when you gift to people yeah that sounds like a weird brag I'm like I'm like I'm not going to do that. I'm just so generous I just love you think things to other people but it just feels like it grew suddenly because again we've got gifts at thirty two hundred Christmas at twenty six hundred I'm like that is just I think the thing that I'm thinking and it's a really wise observation like is there a way that I can still have this without it just costing so much money so like are there alternatives do I need to put some people oil on my Christmas card maybe not no but if you want them then go for it you you make the money you make to spend it in the way you want to spend it without over analyzing it or maybe I'm projecting but no I love yeah I love this take. Okay last category for me when was clothing our clothing was way up from last year so it was about twenty five hundred dollars for this year that works out to about two hundred sixteen dollars month last year we only spent six hundred dollars total that was mostly replacing athletic shoes socks and underwear that sort of thing and this year half of that was I bought a very fancy dress for my sister's wedding because I got to pick my own dress and I tried on I think fifteen or sixteen gowns and it was the only one that didn't make me feel like I'm going to be a little bit more. I'm just one that didn't make me feel like a lumpy sack of potatoes and I actually looked in the mirror and I thought wait am I am I like kind of pretty sometimes it's our nangles and so that was worth eleven hundred dollars to me to have that feeling in the family photos that are going to be on the wall for the rest of my life. It was that dress cost about eleven hundred dollars so that was. I was just like that that's a that's a you know good number yeah the remaining thirteen or fourteen hundred I like a Greg one to that I was going to tell you your beautiful is. Oh, make sure happy go for it but also you are beautiful well that's you yeah yeah. Well that's very kind thank you I did feel really good that a lot of our clothing shopping was also secondhand I tried to find the dress for the wedding secondhand but I couldn't quite make it happen and in my mind close you by secondhand are basically free like I almost think they shouldn't count the budget I do count them in the budget but. This I mean this sweater I got from the shore last weekend I love it four bucks and you're giving those clothes a second life really you're doing something to the world so yeah. It's really another form of charity and it should be paying I actually was going to say that about gifts I sometimes will put gifts and charity together I know they're going to different people right there there's different needs there but it's in the same spirit of giving to me the category. Yeah I think that makes perfect sense okay last category from us live performances two thousand four hundred and eleven dollars which again is about two hundred dollars a month and I just went and looked at the actual charges in monarch. To see like how many separate events that was and it was about twenty five shows you know lectures musicals plays concerts and I as a place where I'm always trying to make sure that we prioritize I felt really really good about that this year I feel like twenty five shows for less than twenty five hundred dollars. Yeah you're like your per show cost is like solid there it's nice yeah yeah yeah I think we did fewer sort of big stadium headliner concerts and more you know small shows at little theater so I felt really happy about that. Okay thank you Liz. Erica how many multipliers of spend were you beyond Liz just kidding how many lizzes were you. I mean you know you asked me things like that or I'm gonna. I'm sorry I should. I'm gonna point vision problem. Yeah well I would ask me that I can't even find an answer in the show notes. It was a rhetorical question let's just hear what you spent this year. I couldn't even find my spend that's what was flustering me on top of that. This sounds like a kind of conversation Maggie and Maddie have where it's like Maddie walks in the door in the first question is not like a you know it's like a it's like a fun but like anyway just day. I'm like if you're on your homework it hi how are you it's good to see you. Why are you silly what have you been doing that. What are you going to be when you finish the whole. I'm sure every teenager loves that okay no teenagers like me. Our total spend. We win slash lose is a hundred ninety two thousand. Very high. However when I look at the year like I don't feel that I even though it was like a very weird year for our family I don't feel like we. Like we're still investing our investments are doing well I don't feel like this was a crazy year like it really didn't feel like we went we just had some big things like. Well I'll just get to my categories because this was the biggest thing our home improvement and landlord and category was 34,711 that was new bathroom. Or bathroom remodel we had some hardwood floors refinished and then. Guys the landlord built the deck. No. That's price like 90% done but that's price list so. All these years of building up so that was like a lot of household stuff in one year for us. Sorry Erica could you remind us in what year the landlord started building the deck. It's been scripted up in 2018 and it's talked about it until 2025 when he started. We spent about six years talking about which decking to get which I thought we had decided on it in 2018. Anyway lots of analyzing going into the deck and then once he did it it started cruising along and. So it's we've got we haven't used it because it was finished on December 31 so just in time for winner but anyway it's very exciting. We will have a deck party next year you're all invited. So without without that without those expenses like our. Our overall spend would have been obviously significantly lower but these were things that just like need to be done there remember Andrew like our six year or six month. Spend review you are like no this is just like what goes into the house this is this isn't like it's expenses but it counts towards like I forget how you said it but. Capital redistribution yes yes that's definitely a turn I use regularly. You're just moving from the savings account into the house to value yes so I feel better about that and these were things that were like we just need to get them done. And what's been nice is that it's sort of made us more appreciative of our house and looking at other things that we could do so that like we don't need to keep putting it off to save money because what does that do like you're investing in your house and so anyway we've got some other things we want to work on for this year. But so that was our top category. Number two was travel and vacation which is 22,354 dollars US dollars we went dollars okay dollars dollars just FYI everyone we want to believe us for spring break the landlord and the boy one went to Japan for school trip we did Oregon coast Florida I did a couple trips to Atlanta a lot of those were with like miles and stuff but you know you still spend differently. Oh yeah we were we also went to central Oregon anyway so we did a lot of travel and that all added up and then I took Maggie's suggestion from one of the last recordings we did to like include what you spend while you're on that trip into your vacation budget because you do spend differently which I thought was a really good point so I made a point of kind of re allocating some of the spend so that we can track it within that category which made it high. I'm I'm we are going on a trip I'm like oh I need new sunglasses that goes in the travel budget oh sons. Like anything I haven't gotten that far yet but I like this I like this approach to okay number third category for spend for us is groceries it's 18,703 dollars. We joined Costco this year and welcome. I mean as you are you were like club I know it's the problem the good and the bad is that like there are two Costco's they're both like 20 to 25 minutes away for me so it is not a convenient situation. So when I go I'm like playing chicken with myself for like how I go and I'm like everyone behind me in line is just like god damn woman like you just bought out the whole store it's because I go like every few months and I like wait till we get through everything. And then it's like I was playing with Maggie and Liz when I first started like guess what this hall is and they're like oh I couldn't see the alcohol buried under there you didn't show us the bottom part and it's always like double what they guess. So that signify like that was a good and a bad thing like I went a little nuts at the beginning just like buying everything but also now that I've gotten like what our staples are they're really helpful because we have prepared meals on hand so our regular just running to the grocery store. Is it as frequent because like we're always on the go with kids so we've just kind of loosened up like we're not making meals from scratching where we just need something we can throw in and like have it be ready but better than fast food. Alright next category number four is restaurants and bars and that is also high but it's 17,693 I think a lot of that might still be that like some of our vacation eating out wasn't accounted for necessarily but we do family dinner night once a week and we take turns where we eat out the kids love sushi which is just horrible that that's what our kids are into but because that's a very expensive kids thing. It's very gently. Yeah, Jen, he loves sushi and it's expensive. Yeah and our kids go to a Japanese school so like obviously that just they're like oh well no we know the good places to go but that's okay. Next category is kids activities which is 17,1119 we have five sports played between our two kids our son is on a club basketball team which is I think all club teams are a racket but also like our kids are in baseball and softball and like you grow out of your gear pretty quickly so it's almost like every year we're trading up and then because we're in the same league with other people we can't and my daughter's like the taller one. She can't get hammy downs she's giving hammy downs but that also includes summer camps which are just ridiculously expensive swim lessons after school so it's it's a year's worth of like just child fees. Yeah that's a lot. $1,500 a month that's like a very significant. What I'm begging I feel like you and Andrew have talked about you know your kids get out of daycare and you feel like you're going to have all this extra money. Yeah no kids expensive and sports are expensive I mean ours is comparable to yours Erica in the sense that a lot of our kids activities were we're splitting with an X so even those ours is probably about half as much as yours but if we were paying for all of it it would be about double it would be about what yours is so not that far off. It just adds up yeah I mean kids sports people have really figured out how to monetize this and it's just getting more and more expensive and I don't know and it's like more competitive this is like a whole separate topic but like we used to just play soccer through the why almost like 50 bucks to sign up I don't know but like nothing's that cheap anymore even when we pay through like our parks and rec team. But you know I've got a whole love for kids sports on its own so if that's where money's going that's fine I think Maggie suggesting that you divorce the landlord and bring some new co-parents into the. Yeah I don't know my suggestion when the end that's gonna cost you more yeah I do think it is more affordable to stay married. Yeah that sounds yeah you guys worked out I mean I'm hoping that we you know our plan is to do that but now that the deck's done okay I'm gonna move on this has improved. His chances you mean yeah okay so next one is charity just just kind of close to Liz but it's 9,317 a lot of we do monthly donations for our favorite causes and then like. Anytime there's like a go fund me or something for people I know I'm or like different school things like I don't think twice about it that's when where I want to just be able to contribute. Next one is shopping 8,907 dollars too much Amazon is in there given that we canceled prime. We've it at that number 8 is car payment 7,626 we paid off our main family car that's 10 years old and then our 27 year old car died last year so we got we started leasing our. I know I know but it we donated it to the humane society and it was sold for 1200 bucks so she got she got a little less and off did you get it TV 9 am I remembering that right I did everyone I know got an even 9 in the last year and then love it. Yeah so like yeah we have a car payment now which I don't love but like it's just so convenient for family we love the car like it's just such a better situation so it's it's just one of those things that's going to happen at some point yes mag yes you're have your hand up do you I'm just curious do you have a lease you you wrote lease but did you just mean monthly payment or you actually leasing it. We're leasing it okay I was just curious we're leasing it because we were still able to get the tax incentive and the only way to get the tax incentive was through leasing because it's considered a fleet vehicle okay I knew the landlord would have run the numbers on whether it's you had a color code it's spread sheets. Yeah the way it works is you have a you get the full federal tax credit on the lease what's interesting though is leasing is something a decade ago used to be like a big faux poly like nobody it was never a better financial move but now like we were talking to someone at camp 5 Felipe and he's purposely been leasing EVs for the same kind of system that you can do and that it can be more cost effective. It was if you the tax incentive went away the federal tax incentive went away I think in September October of 2025 and we did this in November of 24 and we knew it was on the verge of going waste like let's lease it gives us a little more understanding of like what the EV battery situation will be like at the end of its lease life maybe we keep it maybe not but it gives us options. But that was the only way that we could incentivize or get the tax incentive was through leasing I don't think we would lease otherwise like it just doesn't seem. I don't know like without that I don't think it would have. Made much financial sense yeah I think you're right. Yeah alright next one is entertainment 7397 dollars we do a lot of movies concerts sporting events kids activities like ice skating roller skating is or just top of mind from winner break but yeah we like to go do stuff we like to get out and about. And then the last category is clothing which is 5,971 dollars I like that you wrote people got to wear clothes. I mean I can't justify why we spent that much like we got four kids growing a ton and we shop secondhand we also shop just like whatever they need you know like it's I don't say whatever they need like we just go buy them stuff but like. They're growing kids and they're constantly growing out of their clothes well I like just the way you wrote it like wearing clothes not just a good idea it's the law. It's a little bit of a like you have to do it these days yeah I love it well I mean I know that your total was on the high side but like it sounds like as you go through line by line again nothing felt. You were spending intentionally and you feel good about these numbers and you're you're putting dollars where they're bringing value to you and your family. Yeah thanks I mean the big thing for me when I like go through this and look at this is like yes I lost my job at the beginning of the year and I was like excited about figuring out how to kind of save money which I feel like we did in some ways. Like I do feel like even though our restaurant and bar tab or bar tab cheese total is really high like I do feel like we were intentional about how we went out like we might have a big night out with friends at like a nice restaurant like that could be Andrew I feel like this is going to like freak you out like a $500 meal per couple. But like those are like once in a while things where it's like this is the best restaurant you know in town we want to go we're going to have a nice meal with our friends this is how we enjoy spending it versus like we're not always driving through fast food with our kids you know we. I don't feel like it was just a total waste where last year definitely felt like that. I mean that's good. Erica you're also not putting that $500 meal on a credit card where you're paying 20% interest on it you can afford it it's not dramatically changing financial goals you and your family are trying to get to it's within a very you know intentional spend plan so I mean I'm not just saying that to like rationalize higher spending because I'll say the same when we get to ours. But it works for you and it's working so it is personal finance it's you feel good about it and that's all that matters and I think the fact that you can measure it is very important. Yeah good yeah I'm saying it Maggie yeah especially what you just said of okay maybe in 2024 it was more oh we didn't plan we got ahead of drive through versus this year taking that same money and spending it on I mean you'll remember that dinner with your friends. That's like going to be something you'll get memory dividends on to to quote Bill Perkins that. That feels like such a big difference and even just the way that you I kind of said before we actually started recording but like the way that you outlined your expenses and the show notes and the way you're talking about them this year like I don't know there's just like more of a sense of empowerment and ownership that you seem to have yeah I'm curious if you listen to like last year's episode. If you know that yeah thanks no I'll have to go back and listen but thank you for that and I will say with the thing for the food like good. Find dying not I shouldn't say fine dining but like food is how the landlord likes to invest his money like he would love to just go and have like a 32. Course prefix meal or something like he doesn't care about the cost if it's going to be like the best food in the world the experience like that is where his he's happy to spend money there and then like not by new clothes for two years. Well I remember Erica last year you kept joking that you were at the kids table but this year not only are you at the adults table but you're at the $500 adults table so. Thanks y'all yeah I wasn't the kids table I do think that was two years ago when I was wearing that tight I'd cat sweatshirt which just really tracks. Okay we're going to keep us rolling Andrew where you at for 2025. Alright we were at 94,300 excluding any housing expenses we paid off our mortgage and then also this is excluding any of the business expenses which is basically all my cycling stuff is business expenses as I'm coaching now. Alright so I'm sorry I tried to sit on my hands and not ask a question one second but does that mean if you just like buy yourself a new bike helmet you can write it off as a business expense because that's very nice. Yeah everything that is cycling related is is part of my is part of my business. I like it. Alright so first category is the biggest one health insurance almost 13,900 and that was just for six months. This is the most painful aspect of the second chapter budget here. The our we project our 2026 cost will be 26,700 for health insurance was just blows my mind I went back and looked we were paying when I was employed I was paying 600 a month is what what my contribution to it was so definitely big increase on on that because now we're paying the employer portion as well with code. Congratulations on early retiring Andrew. Thank you. What's tricky about that number is we should do an episode on this at some point but there's definitely I'm not going to verbalize this well but there's a middle ground where it's like you know if you just earn an extra $10,000 in income all that just goes to medical expenses right. And so there is a point where it's like if you're going to earn money and retirement you want it to be enough that it warrants the time and. Meaning full offset yeah exactly yep okay second category groceries 12,600 this is been pretty close in line it's definitely up a little bit but given where food prices are I'm actually pretty happy with this so next up property taxes 10,200 very in line with words been that's a big one and then the problem vacation 8,100 we did three trips so three family trips spring break to Florida a week over July 4th in Florida and then we went to universal studios for four days in for fall break in Florida in Florida. All three all three trips to Florida and then this doesn't count any of my travel for the bike racing so I did lots of travel on the bike racing side to Florida or. That was everywhere everywhere Wisconsin Australia Minnesota Wisconsin yeah lots of lots of travel on the bike racing side so all that is a right off correct yes. Erica I think you need to add some travel to your business I think I want to my Atlanta trips was a right off but yeah I'm still learning which we'll get to but that's one of my 2026 finance goals but maybe Andrew you're going to be getting a lot more text from me. You need to come visit your website manager in Atlanta so I know I know and spend enough time with me on that trip and you know we have to talk about work more often what you're here. All right next category is child activities that was 5,900 and about 5,000 of that is just for swimming so my kids are both kids do year on swim we pay $500 a month for for that and then there's swim meets and relatively small in the equipment side so listen Erica you talk about your your other sports there there a lot of sports there a lot more expensive than then swimming so. I feel fortunate that's the passion they've they've found yeah Erica do you think your kids with like swimming. We tried I was on swim team in high school so like I would love it if they did it there we they've done swim lessons they're just I don't know they're not there yet but yeah like goggles I'll buy my kids like what's the what's the max on goggles like $30. Yeah we were looking at baseball bats and gloves the other day because I got a softball glove for Christmas because I'm really excited because I like help out my daughter now and like but I have small hands was looking at the kids gloves and like some they range from like $50 to $250 and helmets are like 250 if you want the good ones bats can get like crazy up there. Just our uniform fee on volleyball is like for 400 something that's just for the uniform kit for for some tiny ass shorts and some like spanned ass they barely cover your butt yeah there's very small my cycling shorts are about $300. Do you have those built in padding yeah yeah yeah they're very expensive but that makes sense but you're also like an award like you're the fastest cyclist your age. Yeah yeah you've earned it like you're a world a literal world champ and it to have $100 shorts yeah yeah yeah. It's just answers no I'm just yes yes okay so I do have some some sponsors by a lot of the travel and a lot of the food is I mean not food there are a lot of the race registrations and the travel and some equipment is covered. I would love I know every time we get together we come with like 17 more episode ideas but I would love a whole breakdown on like the economics of yeah. It's definitely not money making it's it's definitely the expense side is much larger than the sponsorship support but you're able to offset what would otherwise be an incredibly expensive you know I don't like to use the word hobby for what you're doing but sport right. Yeah it's yeah it's a hobby okay next up is gifts 5600 school donations family 529 donations are in there and then home insurance 3700 nothing really exciting about that dentist 2800 so this is significantly higher than what we've typically been my daughter got braces so that the start of that I think we'll probably spend somewhere close to that again this year next year for the for the dental work. Why won't target doesn't it feel like the government should pay for braces. I mean I don't know if maybe I'd love for them to pay for my daughter's braces absolutely. I mean I think it should play for club volleyball and baseball. Well that's a choice you don't really have to choice when it comes to braces maybe I just think it should be covered by your health insurance and I think your health insurance should be paid for it by the government so yeah. Yeah I'd love for I'd love to see my 27 thousand dollar health insurance be supported by the government next year yeah. All right next is target so 2400 dollars at target definitely we tried to spend less at target this year Liz I know you you were very supportive of that and the there's just certain kids stuff school supplies that just we didn't buy from a lot of that stuff from Amazon. And we bought more of it from target but there's just it's hard to get you can't get all that stuff at Costco. Yeah I think I tried to like move a lot of things maybe I was buying on Amazon or target over to Costco but I say this is literally like the 17th time I've said this this week we don't have kids so we are playing the game on easy mode. Yeah it's much simpler with two humans who are both earning income. Yeah the school supplies thing is that's where a lot of the target or just go and there is some food in target as well but I break out basically grocery stores, crogr and lead all in Costco all three of those go directly into the groceries bucket and if I buy anything big at Costco that's not groceries I'll pull that out separately and then we have target Walmart and Amazon are three separate categories on their own that we track independently and then we have my last bucket which is shopping and that was 2300 dollars and that's the catch all for everything else that doesn't have a home in a category so all the other stores that we would be buying things from the market. And then we would be buying things from that quarter in the shopping category that makes sense and Greg I want to get your thought on this too but Andrew have you tried in monarch they said they have a new feature where you can take a picture of your receipt and it'll break out the different items so if you go to Costco and you buy socks and milk and air pods it'll say okay this much is clothing this much is groceries this much is electronics. Yeah I haven't tried saw it actually a developer released a plug in maybe four or five months ago on monarch that would do this specifically for Costco because Costco's receipts are stored online and so he wrote something that could pull all your historical stuff out of Costco and and recategorize it and then monarch released the extension Liz that you're talking or the feature that you're talking about with the receipt upload. I have not had a chance to play around with it yet but I could see that being useful but also I'm at the point now where I'm less I'm less is I don't know what's the right word. I'm not motivated to do particular or to do a lot of the granular things I've actually trying to pull things up a little bit versus going deeper on on the level so that's kind of where I am. Yeah you're spend level Andrew I'm not sure the juice is worth the squeeze you know that's exactly what I've kind of come to over the past couple of years to say that you know is my $45 target spend and my worry about is the $3 toothpaste going into the right category and is the you know the bag of flower for $3 going into groceries crackly I'm I become less concerned with that. That makes sense. Alright so that's our top 10. Okay we're going to move to Maggie and Greg and we're going to let Greg do it because Greg does 99% of the tracking in monarch in our household. He just asked me questions but he's always like typing things in. So our total expenses were we're right up there with Erica's at 189,000. Yeah it was a big one. Nicely done and we. You know what I find so interesting is that Liz and I were within a thousand dollars of each other and then Maggie Greg and Erica were within $3,000 of each other. That's true but you also had like your the health insurance of the perfect you actually spent. Yeah they're all hard to compare because like you know I don't know Erica you had your son room in there. So as we mentioned in the six month review 46,000 of that was the renovation of our sunroom so if you looked at you know spend excluding the sunroom that would be 144,000. Which feels a little more in line but still almost 10,000 more than we spent the prior year so still you know a high spend rate. We looked by category home was the biggest category at 80,600 over half of that was the sunroom. We put in new sod real estate taxes was it we're in there. We did some home improvement projects like putting in a driveway extension and water filtration and some other projects. I bought a lot of rocks this year. I like to spend thousands dollars to have tons of rocks delivered and then I like to distribute them throughout the yard. It's one of my retirement hobbies. They're worth their weight and stones literally. Next biggest category was travel which is never one that I'm upset to see. I mean we always want to travel wisely but we love travel so we were almost 23,000 on that. Accommodations was the biggest chunk of that right at 9,000 and then food since we do include our travel food in our travel budget. Third was medical that includes insurance of 11,000 that's a rough estimate. It'll depend on our final income but think it's going to be somewhere right around there. Our next largest in medical was dental so that was a big one I got in Visaline braces this year which was you know six or seven thousand. I would just like to note everyone is officially done with braces in our household now so in 2026 we shall have no more. All five people in our house have now had braces or in Visaline. Yeah and medical be an interesting one to watch next year because we went to a high deductible plan. So medical insurance maybe down a little we will get less of a subsidy but if we do spend if we do need any medical care it will be fully out of pocket for the most part. So that'll be an interesting one to watch. Number four was food and dining that's inclusive of restaurants and groceries that came in it's just under 20,000. Number five was just a teaser you'll get to hear our food breakdown in part two of this episode so don't go anywhere. We're not already excited stay tuned. And even by merchants we'll talk a little bit about merchant by merchant spending so it'll get really exciting. Our next category was kids that was at 17,600. Activities was the biggest bucket in there at 8,600 as previously mentioned kids club sports are very expensive. Along with all the other stuff our active teenagers are doing kids clothes were 3000 and then gifts two kids were were 2,600. Next category was personal care that was at 7,000. Fitness was the biggest category within that at 2,800. Yeah like I did three months of a personal trainer that was almost like I don't know 12 to 13 maybe $1400. It was a nice it was a nice trial. But that was expensive we did some strength training sessions for the kids at the gym so we spent a lot on that and then I also about to use peloton at the end of the year which I'm really excited about. I'm on like an 18 day streak y'all since the day I bought it haven't missed a day. What a high five. Nicely done Maggie I am expecting you to hire me for cycling coaching next year so you can put that in the budget for twenty six. You've been replaced by Matt Wilpers somehow it's a write off somehow. And lastly within personal care was supplements and vitamins which we spent a whopping 1,500 on that was a little more than I would have expected but we do take a range of vitamins creatine. Can you double click on that one? I do not spend $1500 a year on supplements and vitamins. I was curious when I got in the show notes. I'm not judgmental just curious. Oh yeah no I'm curious and it's my money was I put it in the groceries so like multi vitamin like because we were separated out because it's like health. We talk about a lot it doesn't really matter what category you put it in but yeah yeah yeah but now I'm just curious because we buy we buy like multi vitamin. Magnesium creatine and I so while Greg is looking it up I will tell you we were just at camp file last weekend and there was like an awesome breakout on what Stephen kept calling women's health and we were like Stephen just say it is called menopause. And there was basically a conversation on menopause one of the breakout sessions it was great but I learned about the app called supco which is suppco. You basically every like vitamin and supplement that I've been taking that I get you know often at like Costco or Sam's or Walgreens was very poorly rated and had some like crazy things in them. And so I recently just like and basically going to like either throw them away or put them on by nothing and I just bought some like more expensive I've just convinced myself I'm going to spend more on this stuff because I don't know if I believe you know all of it but at the same time I'm like you know my mantra this year is my body is not a trash can. So so that's why I'm like I don't even know how we spent so much on that when that's going down well it's so it's Greg's Flintstone vitamin addiction is our pop things a lot and I'm slightly. It's got green powders creatine vitamins protein powder fish oil doesn't have protein powder that's in groceries but to merit just all the various supplements and it's like a bunch of small things that just kind of add up. Let me see if there's like any big ones in here let me kind of I mean now that I think about it more it doesn't seem that bonkers again I feel like I buy this magnesium powder multi vitamins. It's probably less than a hundred dollars a month but like I don't know that actually doesn't seem that one. I think about it but they're here he just just discover one thing yeah I did have almost $400 in this neuro hacker collective this thing that was supposed to kill off zombie cells in your body I don't know I saw it on social media. Tell if you're joking or being serious. No this is true they said it was one of the main keys to longevity and I took it for four months and yeah well parent yeah I don't know we can we can sidebar this but yeah it was so that was expensive and I did stop taking that after a few months so this is actually a perfect example of why we have separate finances because I don't even know or care about that. No I'm being serious I'm like I'm like cool you want to buy something to kill zombie cells okay let's move on Greg what's next I have a couple follow up questions but I feel like you're really cruising through and I haven't been wanting to interrupt you. Can you recap where you went where you traveled this year because airfare at $2,000 for a family of five I'm like where did you where did you fly from Atlanta like to Birmingham. We used a lot of mileage we used a lot of miles for airfare which we don't have for accommodations so we went to a rub we went to Iceland for two weeks with the kids we went to a rubah for a week with just us and that was almost all on mileage and points. A companion pass actually for a rubah but yeah and then what we went to some other places I can remember where we went we had some we had a spring break beach beach condo for. I was driving though so yeah yeah so airfare was yeah just all yeah two trips and one of which was companion past the other was miles so that was helpful okay that makes sense good question. Can I ask you also about okay I think this is my last question for now but yours do you love your sunroom because Maggie keeps telling me about it and I think I need to schedule an expensive inside out money trip to come out and records and podcasts in this so we do that's a great question we do really love it I'm very happy with it I have to we often are like oh I got a phase where I'd like go down there in the mornings and have coffee and I really liked it we do not use it as often our kids use it all the time it is the hangout space for the kids they can close the door they're all still like closeable I mean one of the one of our kids even like hangs out there with their boyfriend the rooms full of windows so I love it like you know there's no hiding in there I love that but the kids hangout they've had a ton of sleepovers in terms of like memory dividends that money was incredibly well spent and it gave us a new hangout spot that was just like a little bit more separated and we we got three kids sometimes I mean sometimes the kids of like five or six friends over for sleepover sometimes more at a time one kid has that over. And so it gives them all a place to sleep they can all sleep in that one room they can sleep as a huge couch they put down air mattresses and they've had a lot of fun like friend nights in there that's awesome yeah do you feel that's a great room you didn't do like the bigger remodel they were thinking about good question is yes I very much do and you helped us to like you help to ask some questions in a way where when someone else I mean Greg was already where you were but like where you just eat someone else to be like why do you want to do that? I mean someone else to be like why would you do you know like yeah I'm very happy we did not do the bigger thing it was just perfect and just enough cool yeah thank you Liz for your help in that decision. Greg's like thank you Liz for helping talk Maggie out of that thing I didn't want to know. Our next category was auto that includes auto insurance of 2,500 repairs and maintenance of 2000 which included new tires and then other miscellaneous auto expenses a full self driving being the biggest one of those which is an expense but it's something when we do use it we really value it on road trips and it saved our life on the way home from campfire Melissa from traveling to retirement on Instagram cannot test to it like this truck like ran us off the road and it responded in a way that was way faster than what we would yeah it was pretty nice. All right next category. Do you turn it on something you can turn on when you want it and turn off when you don't want it or do you have to how does that work? You can buy it all up front for like 8000 to get a lifetime or you can just pay $100 a month and you can turn it on and off whenever you want so I'll turn it on when I have like some trips coming up and sometimes I'll turn it off when we don't and I keep it on most of the time but I also it's it's helpful when I do we're driving and then I can expense a portion of it usually pretty much half is kind of where my miles split so half of it goes to my Uber business so that this only includes my self driving in the half of mine and then next category gifts and donations that includes obviously any charity donations political donations and gifts other than two our kids which is in the kid category. Our number nine category was entertainment at 3,100 that is just a lot of miscellaneous expenses like pool dues concerts vibe game which is the professional volleyball team here in Atlanta and then our streaming which is only 500 so that was one to feel good about. Clothing and shoes category number 10 2500 that was down almost 2000 from the previous year so that was a pretty good spend rate and majority of that was Maggie but I did have some expense there as well so that is our top 10. Okay that was very kind of you to say a majority of it was maggies and not you have the actual breakout in the show notes so we can see that $2,000 was Maggie and 500 so that was correct. Well what I will say and this is Maggie's generosity is 500 of that Greg even though it's for me probably half of that Maggie bought me when we go to our eyes should be like oh I want to buy you some pants. I bought them a quarter zip. I was like you need a nice quarter zip babe. A lot of a quarter zip and then a matcha. She just likes to keep you looking good for her so she can show you off but not too good you know. Okay to wrap up this episode we are going to each go through and just share overall how we're feeling about our spend if we haven't already said it and what. If any do we have any things we want to focus on in 2026 in terms of our expenses. We'll go back in order Liz how you feeling. I feel good sorry just the way you said it put Lizzo directly. Exactly you're like Liz how you feeling. Okay Andrew touched on this earlier but one of my big goals I felt so good about was I really wanted to cut down on Amazon spending and target spending our Amazon spending was down 90% our target spending went down 98%. I did a whole episode about that on list. So if you want to know like what that last two percent was that I spent a target. Oh and way more a Costco. Me and Erica just trying to keep Costco and business on our own my Costco spending was up 50%. But in terms of goals I really got a role over between the two of us we have something like 18 retirement accounts. I don't think I'm going to get a lot of money on this one case all over because when you have a lot of employers and you just never get around to it there's just a lot I don't feel sad like I don't feel there's not big fees on any of them it's fine but I just think we know where they all are but I really do need to consolidate them. I was feeling fine about that until Andrew just like started laughing. That would that would I would my husband to exploit yeah I'm so stressed me out. I like you guys about that like all minds in one place I have one HSA that hasn't rolled over and it's like eating away it'll take you like an hour to do all those such a I don't think not not a few of 18 is not going to take an hour but the question is you don't roll them all into your current employer. Pull them into fidelity it's like six clicks and an account statement and you're done it does not take a long time. Why would you this can be offline but why would you put them in your current employer I think 401k is always charged more fees than IRAs I think right or my off base. I don't want well two things one I don't want money in a traditional IRA because it'll keep me from being able to do that back door IRA without running into the pro rattle rule. And then the second reason is actually 401k these I think they've come a long way I feel like there's kind of this conventional wisdom that their fees are so expensive but mine are pretty reasonable I mean an IRA is for sure cheaper but all my expense ratios are like the expense ratios are about the same and then I feel like you pay something like a hundred or two hundred dollars a year just because 401k's are a lot more regulated than IRAs which is why they're more expensive like your employer has to do a big audit every year. That kind of thing so cost wise. Yeah I thought about that though I mean I what I actually kind of want to do is go through and look at all of them and figure out which one actually is the cheapest because I don't feel bad having my my my previous employer we have that's probably my biggest one I probably have like the four or five hundred thousand dollars sitting in my 401k there but the fees are fun like you know they're about the same as where I am now there's no big rush for me to move it but it's probably worth looking at that one and my current one to see which one actually is better deal overall if there's any hidden fees or anything. Here's my last thing I thought it would be fun but I think I'm the only one who did it to look at the goals that we had for last year and last year I said I needed to buy new pants and this year I bought new pants so congratulations Liz. Thank you congratulations. I now own jeans that fit my body and go all the way to the ground promises made promises kept. I'm making my jeans wardrobe great again anyway alright popcorn Andrew or Erica Erica was next. Erica's Eric is next. Okay so for my goals for twenty twenty six they're more related to my new business I started like I have to figure out how to do taxes this is very stressful and exciting to me but I'll do it because I have to and then the others start investing in my SAP IRA. I like it short and sweet Andrew. Oddly I don't have any major ones it's our going to be our first full year of what I call the decumulation phase actually had to take pulled my first withdrawal out of wealth front last week so yeah it's I think the I think it's just adjusting to that kind of new new reality. I have I have floated the idea of trying to have our expenses equal dividends and income from my coaching business and I thought about that kind of potentially being a goal and last thing is just to try and spend more on memory dividends. I really kind of focusing on that concept of spend more on the things that will provide those memory dividends and just less on the stuff I'm trying to definitely cut back on on more and more stuff purchases outside of the bike, bike things. Cool I like it. I just briefly point Andrew you earned a lot of money in your life and you were very meticulous about saving and investing it and then you decided to early retire and now you're like but I still want to earn enough money. And not use this big pile of money that I actually saved for retirement so we're I'm just saying we're going to work on that. Yeah and and I think yeah it's fine I still don't use the quote early retirement I don't use the R word as as I'm still as I'm still earning money and and I I hope to have a pretty decent year next year is first full year of coaching and fitting. But yeah I think I'm still I would say I'm still or we are still a work in progress on on the spending side of things yeah. Yeah I also think you can I mean you you did retire from corporate America you're still doing things making money but it's your in your entrepreneurial era. Okay we will wrap this up quickly I personally of I have a lot of goals in 2026 none of them are financial I just have other things I want to focus on but I will say that was also before I saw how much money we spent last year. So I do always sort of have just I want to spend intentionally and I want to spend within my means and I want to stay below you know well below what would be a safe withdrawal rate for us in early retirement and we're doing all those things we're just a we're a pretty high clip of spending but we also we've got you know three teenage girls and I I I I I'm treating them a lot and my true in myself to we're all treating everybody and it shows in our expenses. So do you go through these numbers with your girls not at a high level but we will like I was going to tell them how much we spend at Starbucks last year and at T. Leaf Creamery which is one of their favorite places to get like boba T and I do want them to know I do sometimes I mean but I frequently am like we really need to pull back in this category we need to spend less here we need to just be more thoughtful about you know like I'm all for eating out when it's thoughtful not when it's because we just haven't planned ahead. I don't know how I ended up on my thoughts on eating out when you ask that question but I was I was just curious because when especially like the kids spending category I don't know if you at I think it would be funny if you asked your three teenage girls how much money do you think we spent on clothes for you last year how much money do you think we spend on. I don't know boba or volleyball or whatever like I just wonder if they have an idea of it. Yeah I sometimes will tell Kate like how much I'm spending on clothing you know and for her birthday or for Christmas or something there sometimes is sort of a target budget amount. Yeah not to make them feel like guilty or bad or anything I just want I just wonder what kind of like sense if you know if you ask them hey how do you think as a family we spent on travel like or or any you know just could be interesting. We do talk about that I mean it actually would be interesting this year probably would be the first year that it might be a little more meaningful we definitely compare costs like we were telling them how much our tickets to Thailand costs. And I was like you know they're trying to find some below this amount and you know I was like that cost as much as your first car and I make comparative statements because they often don't know what something means like they still don't know what $5,000 is right they still haven't quite grasped. They kind of hear it but they don't really and they think like oh I might make $15 or $20 an hour babysitting but they're not making the connection of you know well you would need to work you know this many hours to make that much money. So I think I think yeah I do think it would be interesting to go through some of this with them will make that a goal. Well yeah I mean to that point we talked about this it can't buy a little bit but I think it would be really interesting is to say this trip cost the equivalent of X hundred number of babysitting hours that would be a language that they could really understand that I think would make them like well where's I agree with Maggie dollars or a little bit. Not that they don't know the value of a dollar but I think at large numbers it you know my I don't know what their reaction but if we translate it into hours of labor that could really be an interesting conversation. Yeah and like sometimes I will equate things to that's about a year of college because I think that's something they can get their head around a little bit or it's like in a language they're starting to think about so. But Greg do you have any you're were you about to say some financial you have. Yeah and we can get into it more on the next episode when we dig into food but it's just it's an area that I think has some opportunity I think we've gotten real loose in the area and I don't want to. Let's put a pause in that because I want you to share this in the next episode. Okay bye. I think you're about to say it so we got to get people to look forward to. Okay we're going to wrap this up we've gone long. Okay well we really appreciate you guys listening I hope you'll tune in for part two which is when we are going to do some deep dives into what we're paying for medical insurance post retirement health and fitness car insurance home and health insurance. I think that's a fun episode to share with somebody else because you can send it to a friend or family member and say hey like let's talk about what we spent last year and let's you know compare some things I think that can be a fun thing to do on a Friday night with your friends. And if you want to ever leave us a written review and tell us in your review you should tell us how much you spent last year it'd be a fun thing to leave in the review. Tell us if you who you close us to like did you spend like an Andrew and a Liz or did you spend like an Erica and a Maggie and Greg. And then also if you have any thoughts or questions we always love to hear from you and you can leave us a voicemail or text us at 404 9813370 or hit us up on Instagram. Okay thanks guys. Bye everyone. Bye.