Insights from Mint.com

Going over my Mint.com trends for the past couple years, I noticed a few things I thought were somewhat cool. In no particular order:

• 75% of my out-of-pocket expenses are for housing and communications - mortgage, property taxes, insurance, and all utilities including TV, Internet, and phone.
• I spend more for Verizon Wireless than I spend at Walmart. To be fair, my Verizon bill covers five people. To be unfair, Walmart covers the majority of my grocery expenses and cat food and litter. To be fair again, I eat out quite a bit, so groceries are cheap.
• I will also spend more for Verizon Wireless than I spend on eating out, once figures include a full 24 months of Verizon bills.
• I spend a lot at Chili's ($800), and it is probably worth getting any discounted gift cards I see.
• My expenses have actually gone up since I've started paying attention to them. Every month, I've spent more in 2010 than 2009. I've also had more cash on hand.
• It's very important to set up renaming rules right when the name of a merchant changes for whatever reason. From that point on, it becomes automatic.
• Rollover budgets are great in theory, but end up making the overall totals meaningless as they drift way negative or way over budget. Really, the budget feature itself is not as informative as the Trends tab.
• "In the past 30 days, you spent $309.62 on Clothing. Usually you spend $9." That $9/month is inflated because it includes a tuxedo rental and a bunch of clothes that weren't actually mine. In other words, I spend very little on clothes.
• It is also important to realize tax refunds are income that the government held for you, and not taxes. Assigning tax refunds to the 'Taxes' category can result in negative spending for the month, which looks awkward.

My Cell Phone

I've known for a long time that my cell phone is old and out of date. I've taken pride in my ability to talk to people on such an ancient device. I've even learned to text on it! I still don't think a phone needs a built-in digital camera, mp3 player, or whatever else is available on cell phones these days - all I do is talk (and now a bit of text) on it!

However, the other day I was fiddling with it absentmindedly. One of the things I do is to flick the antenna out and back in. Well, my phone has gotten so old that one of the people I was with laughed that my phone even had an antenna. I realize that extending the antenna likely never had any effect, and was their to make previous generations more comfortable with the high-tech devices, but it has served me well as a little doodad to twirl and otherwise play with. It pains me ever so slightly to know that my next phone will almost assuredly not have such a useless game included in its construction.

I have no deeper point to make - I just thought it was a rather amusing situation/observation. Also, my cats are still adorably cute.