Quote:
Originally Posted by sketchyt
I have a cash flow spreadsheet that is broken out by month, income streams and every expense imaginable. It looks a lot like this.
A few years ago, I took a few hours to put every single and forthcoming expense (bills, vacation, RSPs, food, etc...) in the spreadsheet. This spat out a cash flow amount every month and what I would have remaining for the year. You have to be very, very honest and accurate to what you spend and what you make.
I now look at this every few months to see if I'm on track. I'm generally not far off. If I am, I look at what the expense(s) caused it.
My point is, understanding where you are spending your money is critical before deciding how you're going to spend it. |
This is a lot of calories tracking for weight loss.
You do it for a while and it's incredibly eye opening. Then you don't have to keep doing it forever, but you really start to see where you're going overboard.
MyFitnessPal should make a sister app called MyFinancePal.