As I had mentioned earlier in the month of August, that I was going to start tracking all my expenses for a whole month. I did forget to track for a few days, but over all it has been pretty good. I stopped August on 30th instead of the 31st.
Now I made this fancy new tracking sheet on Excel (yes I know there are serveral out there, but I thought why not build one) which I will upload once I fix a few kinks and the best part it generates the type of reports I want to see.
The first chart looks at how often did I spend Cash versus using my credit card for purchases. Its pretty obvious that I have used my credit card more, but this month I paid a huge amount off my card (more on this in the next few posts)
The second chart gives you a percentage wise breakdown of where all my money went- Clothes and Dining Out. Now I honestly think I have way to many clothes, I need to get more determined with losing weight and fitting into them rather than buying more things. Dining Out- this is jsut wrong I have been eating out during lunch and when I go out with my friends. I think I need to start tracking what I eat as well.
I will continue tracking my expenses over the next 2 months, so that I can then gather enough data to build a proper budget!
My networth has increased but not as much as I would wish for it to be.
Original source: http://megat25.wordpress.com/?p=53
