Ex Pat
Member
Hey
Knowing how we spend our money is powerful because that's how we can optimize our savings rate.
At the beginning of the year, I took some extracts for last year from my bank account and from Revolut and did some analysis with an LLM to see how much I spent last year per categories.
But since, I didn't find a discipline of doing this each month.
And because it's a new habit to build, I am a bit lost. The spreadsheet @Baptiste Wicht shared is a bit too much, because I don't have yet the habit of taking the data out, in order to put it in spreadsheets.
How much time do you spend per month doing personal finance (spending) analysis?
When you started doing it, what was your motivation?
Did you find it difficult as well? Or did you manage to make it fun in any way?
Do you use an app? (I saw Mustachian Post recommending YNAB).
Knowing how we spend our money is powerful because that's how we can optimize our savings rate.
At the beginning of the year, I took some extracts for last year from my bank account and from Revolut and did some analysis with an LLM to see how much I spent last year per categories.
But since, I didn't find a discipline of doing this each month.
And because it's a new habit to build, I am a bit lost. The spreadsheet @Baptiste Wicht shared is a bit too much, because I don't have yet the habit of taking the data out, in order to put it in spreadsheets.
How much time do you spend per month doing personal finance (spending) analysis?
When you started doing it, what was your motivation?
Did you find it difficult as well? Or did you manage to make it fun in any way?
Do you use an app? (I saw Mustachian Post recommending YNAB).