Expenses (ahem) financial planner

[Johnsdaives]

Hi:

I am going to see my financial planner in a few weeks. This is the first time since I got addicted to the hobby (2 1/2 years ago) and started taking account of my personal finances with Quicken (10 months ago).

In the past he asked how much I was making and how much I was spending. Now I know exactly. I would show him my laptop with Quicken if it were not for the most amusing expense. Really, none of the other expenses I have a problem with. Oh my cable was high when I was on Playboy or Hustler.

Do I doctor up my trips to the MPs with the term gift, stuff, entertainment or do I give him a verbal report of all my income and expenses excluding the the one (ahem) category.?

Do I even mention that I keep account of my expenses on a computer.

If there is anyone who was in the same situation - what have you done?

I am leaning toward having my laptop handy and modifying this fun expense as I would like to show him how much I have with other financial institutions to get an idea how much I have to invest to retire comfortably. I would then change the hobby expense to what they were.

 

[nicky c]

just group them under entertainment.....how you entertain yourself is irreleveant...

 

[Marisa]

Entertainment (concerts, movies, bars/clubs, Leafs/Jays/Raptors, etc.) or Sports (Golf, Hockey, etc.). It's just the stuff you do to enjoy life.

 

[Pompal 09.]

For now, I have general entertainment and Massages/Sp in seperate categories. I can modify this and be vague. I spend a fair bit on this, but nill on entertainment otherwise.

Hopefully only wants to see monthly reports and not daily expenditures, as $200 for entertainment in a evening raises questions.

 

[AAinBoston]

Why not break down your MP expenditures by door fee, bodyslide, and tips? Your planner will appreciate the extra level of detail.

 

[Pompal 09.]

It is not entertainment. For the unattached single it is a necessity,
a part of your health care.

Celibacy is a cause of prostate cancer. You have to drain off your
semen tank once in a while as a precautionary measure. You
may use you own hand. But in my case I can only be relieved with
the help of a MPA.

 

[Catlover101]

I think us single guys should lobby the government to include this as a Health expense. We can say this would prevent a trip to the operating room years later.

 

[avaaaa]

BabyP, you seem quite committed to evaluating your finances. You are paying someone to help you so it doesn't make sense to give false or incomplete information, thereby paying someone to give you bad advice.
My suggestion is to label your SP experiences as something else, e.g., golfing (there's probably a better alternative). By mis-labeling the expenditure you can still get a sense of how the expenditure fits into your overall budget. There is no need whatsoever (at any cost) to fully disclose what the expenditure really is.
On the positive side also, by spending more efficiently, you may have more $$ to spend on SP's etc..... winning in the long run.