Save money on the Top 5 Most expensive things in your life

TOP 5 Most Expensive things in your life.

  1. Children - the average child costs $448,422 not counting college tuition
  2. House - you will use most of your money to pay the mortgage over 30years averaging $350,000-$550,000 not counting repairs.
  3. Car - you will pay roughly $300,000 on cars, gas, and repairs
  4. Food - you will spend an estimated $300,000 in your lifetime on food
  5. Health - you will spend an estimated $500,000 on your healthcare in your lifetime

Assuming you are an average middle class person living in America you'll have 2 kids, a 3-bedroom house, 1 car, live for 76 years and probably die of cancer or heart disease in a nursing home or hospital. Total comes to $2.6 million dollars that you'll pay for your top 5 expenses.

How to save money on these expenses:

1. Raise smart kids, push sports, teach the importance of a good education - they'll be choosing your nursing home, (hope they get scholarships). Go with good public schools, private schools aren't worth it.

2. Get a modest home you can easily afford. Hopefully you'll be able to buy during a "buyers market" and lock in a low interest rate, adjustable rates are crap go for a fixed rate, refinance once if interest rates drop lower than 1% below what you have, don't pay down the principal balance, wait until you can switch from a 30year mortgage to a 20, 15, or 10 year mortgage (you'll save thousands). Use a stepping stone if you can't afford a home, rent until you can afford a down payment for a condo, then wait until you build up some equity and use the sale of the condo as leverage to purchase the house.

3. Pay for a used car in good condition in full (look for a cheap Honda Insight 60miles/gallon), try to share one car in the family or get rid of a car altogether if possible. It helps if you live within walking distance to your job, or on a bus route, or carpool etc.

4. Pasta and rice, make shopping lists, use coupons, buy in bulk (only if you'll use the food)

5. The best and cheapest health care is prevention. Eat right, and exercise. Short and sweet, simple and effective.


  1. Well said.

    But this is funny ---> they'll be choosing your nursing home

    I also agree with private schools, most are a waste. Unless they can guarantee my child will get a full schlorship to college. I must stick with good good public schools

  2. Very nice! I am the writer of “Top 5 things to do in Istanbul” This was my first group activity, but i liked it very much.

    Have you ever been to Istanbul which links east to west, and west to east like a weblink. Istanbul played such a critical role in the world politics and culture throughout the history.

    Now i have a dream i would like to share with you and Darren Rowse. All the Probloggers should meet at Istanbul and join the 29th edition of the Eurasia Marathon on Sunday 28th of October, 2007.

    Let’s meet where the continents meet : As the Istanbul Eurasia Marathon starts from the Anatolian side while taking the runners to the most beautiful spots of town, signing its name under a touristic attraction as well. The Bosphorus is one of the most beautiful spots on the world and as you run through it, history of the centuries run with you on the streets.

    I joined the 28th Intercontinental Istanbul EurAsia Marathon on 5th of November, 2006 together with my friends, Joe and Suat San. We enjoyed the wonderful Bosphorus, and beautiful streets of Istanbul on a cold but sunny Sunday morning. The slogan for last year’s marathon was “let’s run for a non-smoking world”.

    this was my blog post for last year’s marathon:

    I would be happy to invite you to the 29th Intercontinental Istanbul Eurasia Marathon, the only marathon to run between two continents - Europe and Asia. Istanbul is one of the oldest settlements on the world. What about participating in the 29th EurAsia Marathon in 2007 which takes place in the most beautiful places of a wonderful city that has been the capital of three empires ?

    You may find details about the marathon here:

    Please let me know if you are interested.

    Have a nice day!

  3. Very informative. Thank you for the information. I see you are interested in most expensive stuff. Here's another sites you may want to look at to see some more very expensive stuff ever.

    Most Expensive Real Estates
    Most Expensive Cars
    Most Expensive Designer Brand Items

  4. minimum wage3:03 AM

    I can't get a mortgage, how do I save on rent when I can't lock in a payment like homeowners can?


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