How do you estimate your expenses?

[Starmix]

Estimating the expenses is not an easy thing especially if your budget is very small. You need to carefully analyze your monthly expenses and determine a realistic budget for your desired lifestyle. Consider all costs including housing, food, healthcare, transportation, and entertainment. Do you consider your entertainment your monthly hobby or not? We can be entertained by watching good videos and sightseeing nearby like beaches.

 

[Springtime]

I first estimate how much I need to spend on daily necessities such as groceries, and personal care products. Then I take into consideration my entertainment expenses such as going to cinema, dining out with friends. Other items include clothing I may need to buy.

 

[Starmix]

That's your passionble ways to estimate your budget. We need to do estimation to avoid outbif budget.

 

[Suba]

Estimating the expenses is easy but we often postpone doing it. In estimating expenses, the most important thing is that we have complete records, starting from daily needs, entertainment, debt installments (if any), investments, savings, donations etc, then you can estimate your needs. for next month or for next year, then you can manage your finances using certain special formulas.

 

[neku]

I usually keep detailed records of how much I spend daily, so I can estimate my monthly expenses if I am not traveling. I have found that traveling especially to another state is very expensive, so I wish to reduce traveling in future.

 

[Stardom22]

For me l can estimate my budget. I think this is so realistically for people that have some recurring type of budgets like l do.

 

[Starmix]

We can estimate our expenses based on our actual money and the required things to buy for our daily needs. It is us who know better than others.

 

[Fidelia]

I know my lifestyle and I budget my expenses based on the fixed and adjuster lifestyle that I have set for myself.

 

[Xtynehappy]

For sure after careful thinking and making reviews about how you spend your money every month, one can easily estimate their budget.

 

[Starmix]

Estimation is necessary to avoid overspending, thus giving you difficult time to earn more than you expect to spend because of over dropping.

 

[Augusta]

I look at my different expenses daily and try to estimate for this in a week. It is good to estimate for the very important ones

 

[itsmejob]

Estimating the expenses is not an easy thing especially if your budget is very small. You need to carefully analyze your monthly expenses and determine a realistic budget for your desired lifestyle. Consider all costs including housing, food, healthcare, transportation, and entertainment. Do you consider your entertainment your monthly hobby or not? We can be entertained by watching good videos and sightseeing nearby like beaches.

I fail on this. I need to move away from expenses that I don't really need. The stuff that I want versus the things I only need. If I master this - I can save money.

 

[Starmix]

I fail on this. I need to move away from expenses that I don't really need. The stuff that I want versus the things I only need. If I master this - I can save money.

Let us be smart. As much as possible, let us try to live in frugality to sustain life's crises. We can only be financially free once we have a stable business

 

[Nomad]

I always note my expenses and the amount I spent in the previous months make me realize how much your expenses will be for the ongoing month

 

[itsmejob]

Let us be smart. As much as possible, let us try to live in frugality to sustain life's crises. We can only be financially free once we have a stable business

I will do this after paying off my debts. I still have loan to pay plus my house monthly amortization. I am planning to have it rented soon.

 

[Starmix]

I will do this after paying off my debts. I still have loan to pay plus my house monthly amortization. I am planning to have it rented soon.

That's a good plan and congrats for upgrading to Gold Upgrade . Time comes you'll have plenty of money.