Spending

Top 5 Biggest Expense in 2020

Top 5 Biggest Expense in 2020
Posted by mycentsofwealth

Update: I originally published this blog post on 11/23/2020 thinking that I will not have any major purchases anymore but on 12/16/2020, I bought a new phone so here’s an updated list 🙂

Despite all that’s happened this 2020 and money being a little tight, I’ve had many major purchases (and one unexpected expense) compared to previous years. Without further ado, here are my top 5 biggest expenses in 2020.

  1. Two Laptops – I’ve bought one laptop for myself and one for my brother for his schooling. All paid for in cash. The other laptop was unexpected because nobody expected we will be doing online learning. Mine was planned because I wanted to create this blog and I needed a laptop for that. I bought my laptop first before realizing that I needed to buy one for my brother so I had to get the funds for his in my emergency fund. Total Cost is 39,000 plus 16,000 = P55,000.00
  2. iPhone 12 Mini – If you’ve been following me for a while you know I have been saving up for a new phone. My 5 yr old phone died in June and I was just using a tab ever since. The tab was okay since I do not go out much anyway but it will be a hassle when I go back to the office. I was okay not buying a new phone since we will not be going back to the office this year despite having completed my fund. But my BF encouraged me to just buy it and quite pining about it because I have the whole Christmas vacation to figure out how to use an iPhone (I never had an iPhone before) so there I bought it. Went a little over budget but that’s okay. P42,000
  3. My Tooth Surgery – I’m laughing while I’m typing this because I can’t believe I spent P6,000 to have my tooth removed. I just can’t believe how ridiculous that amount is just to have something removed. Here’s my tooth surgery story. 
  4. Adidas Stan Smith – 80% of all my clothes are from ukay-ukays but when it comes to shoes, I always buy new ones. Doesn’t matter if they are expensive as long as I know they will last me for years! I always wear sneakers when going to work so buying that 5,000 Adidas Stan Smith was worth it. Except that nobody expected that we will be working from home for 75% of the year so my shoes were barely used lol. Total cost is P5,000
  5. My Hosting Plan – I know that there are other options to create a blog for free but I wanted to have my own domain. I wanted to own my own platform and I needed a web hosting service for that. I was willing to pay that price. I was going back and forth with a lot of providers and was finally able to choose a cost-effective one. I paid a total of P4,739.64 which is already good for three years. 

Runner up before I updated this post was my hair iron.

6. Hair Iron – The first quarter of the year was full of weddings and events. I usually just do my own makeup and hair so it was smart to buy a hair iron. I used to just borrow from my friends but I thought it was time to get one. Randomly went to the mall and bought one for P2,000

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