How can I calculate my annual savings and spending?

K

KushmanTutty

New Member
Calculate:
Weekly rent * 52 (or monthly rent * 12)
Weekly food costs * 52
Electricity * (frequency in year)
Gas * (frequency in year)
Water * (frequency in year)
Weekly Transport * 52
Phone * (frequency in year)
Internet * (frequency in year)
Loans/debts * (frequency in year)

Then calculate your annual income after tax.

The difference is how much you're either:
Saving, spending, and investing for your ideal life, or
WASTING.
 
This honestly needs to be a daily reminder.

You’ve got a point with 104k members, not everyone’s got it all figured out, even some who think they do.

I bet a lot of folks are in the same boat as me.

Start by calculating your weekly rent… all the way through to…?loans and debts.

I haven’t even gone through all the categories yet, and in my head, I already know I’m out of cash (because let’s be real, we all know what we get paid).

It didn’t used to be like this a shortfall was something you could hustle to cover over the year. Now, the cost of living is just out of control. So many people must be tracking their budgets down to the dollar, totally on top of it. And so many others must feel completely lost with budgets, not really in control of a single dollar.
 
Hey, I grab takeout lunches to keep my sanity intact so I can keep raking in the dough. Trust me, it’s totally worth it not a waste at all!
 
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