Hi Everyone!
As today is the last day of October 2015, I have do a summary of my expenses.
Travel: $140
Food: $313.45
Entertainment: $185.45
Bills: $113.14
Mum’s Allowance: $120
Others: $8.70
Total: $880.74
This is a good start for me as my projected (amount set aside) expenses is $970, which is $89.26 lower than the targeted amount.
So certainly, I over-estimated my expenses as I did not really adjust my lifestyle (in order to reduce expenses). This can be adjusted but I will not do that for now as these coming few months, it will be a busy month because is the year end period! I will need to spend some extra money for some other stuff like gifts and etc.
This is a first step for me and I believe that I can do better and try to cut down whatever cost I can but will not disrupt my lifestyle so much that I make myself uncomfortable.
JYKL's Saving and Investment 