What do you spend your money on?

[EasyRider]

What do you spend your online income on? Besides investing it back into more projects or other investments.

Anything interesting, fun or exciting?

I got myself into the whole home theater craze. Now I am having a new house built where the basement will mostly be a large home theater. Other then that I take more vacations

 

[John]

I spend waaaaaaaaaaaay to much on guitars and related items, anytime I get bored I just go to the music store and blow some cash. Other then that I buy a shit ton of dvds every month...

 

[knukk]

Mwah, lots of crap.

And some stocks (only $6600 worth of).

 

[Janaic]

Cigarettes, Coors Lite, new shit for my quad, and parts to restore my truck.

 

[RoyalRadande]

A house. I'm trying to buy my first place.

 

[-Matt-]

Porn.

And in between watching it, I go to the store and buy more lotion. Lots more lotion.

 

[Tensegrity]

Porn.

And in between watching it, I go to the store and buy more lotion. Lots more lotion.

Conditioner works really well

 

[Sticks79]

Save the money!

Save the money!

Save the money!

 

[roclafamilia]

Hockey, Boating/Water sports, Various electronics, and speakers/audio equipment.

 

[AdHustler]

my house & taxes. Thats it

 

[FatalError]

1) gadgets
2) gadgets
3) gadgets

I'm in love with those shiny black/silver things!

 

[Bofu2U]

A house. I'm trying to buy my first place.

With ya on that one. I got a salary right now but I'm trying to get my online income to do the same, that way instead of 4500/month income minus bills, I can just put literally _half_ (like 4500) into savings every month or high yield savings, stocks, etc.

 

[Razeen]

Gaming and saving my money in the bank.

 

[EasyRider]

With ya on that one. I got a salary right now but I'm trying to get my online income to do the same, that way instead of 4500/month income minus bills, I can just put literally _half_ (like 4500) into savings every month or high yield savings, stocks, etc.

I can't stand savings accounts/CDs ... feels like such a rip off. Put in 10k and a year later you make $400. Investing in websites: Put in 10k and a year later you make 10k+ with a steady income stream and your original investment is probably worth 15k.

Good luck to those that want to buy a house, my online income has definitely made it easier.

 

[ImagesAndWords]

My personal $$$ goes mainly to music gear (guitar stuff, studio stuff, etc.) these days. A couple of years ago I spent a lot of it on my home theater and all the fun stuff that goes with it.

Oh, and I also collect big ass knives. 15" size and up.

 

[johnmatrix]

petrol and food, i dont do much else. i want an apartment in melbourne CBD, long way to go....

 

[Bofu2U]

I can't stand savings accounts/CDs ... feels like such a rip off. Put in 10k and a year later you make $400. Investing in websites: Put in 10k and a year later you make 10k+ with a steady income stream and your original investment is probably worth 15k.

Good luck to those that want to buy a house, my online income has definitely made it easier.

Referring to purchase & flip?

 

[-Matt-]

Conditioner works really well

Just bought a few dozen bottles.

And baby oil.

 

[nachoninja]

Oh, and I also collect big ass dicks. 15" size and up.

Fixed.

 

[EasyRider]

Referring to purchase & flip?

Purchase and keep. The Warren Buffet way I just think of a website as a savings CD or stock. You put in your deposit and earn dividends and do a withdraw (sell it) when you are ready to move on.

The top paying CD is about 4%, if you buy a website that already has steady income and buy at 1 years worth of net income you are earning 100% interest, every year. So if our 10k website makes 10k per year you would need $250,000 in a CD to equal those earnings.

*the website is many times more risky and less liquid then a savings CD, but you can greatly reduce the risk if you know what you are doing*.