Jan 04 2008
My 2007 Budget Analysis
Every year, I analyze my spending during the past year to spot irrational behavior and see where my money went. By doing this, I’m able to help myself find ways to save more in the future because I’m aware of where I like to slurge. I also use this opportunity to improve my budget for the next year by readjusting the categories to better track spending effectively.
I’m sure the benefits of analyzing spending are pretty obvious so let’s dive into the actual charts.
Housing expense is a necessity and its pretty stable so it is nothing exciting. Even though it’s steadily going up, it is still relatively cheap compared to other places that I am thinking about moving to.
Food expense is quite steady at roughly $150 – $200 a month. It is very interesting to note that the three big months (February, July and December) are all related to having a [...]
Original post by MoneyNing