How I changed my spending habits and my plan for early retirement!
After seeing a popular show on youtube showing how influential people spend their money, I decided to share where my money goes on a monthly basis and how my spending habits changed over the years.
There was a time in my life when I needed to stop and take a closer look at my personal finance situation as I had no idea about how and where I spent my money.
After talking to my friends about it, I found out that I wasn't alone. So I decided to take a closer look at:
How much do I spend on food?
How much am I saving?
How much am I spending on transportation?
etc.
I needed to know the answers to these questions before figuring out what to do next.
The ultimate goal of doing this is to get my finances in order, so I can focus on figuring out a way to make more money and retire early.
To get the answers I wanted, I simply started tracking my daily expenses in an excel spreadsheet over a period of a few months.
This was done during my days at the University so take it with a pinch of salt, as it represents the spending habits of a student.