Expenses for July 2022
It's been a month since I left the corporate world "for good". I finally have data of a month of my expenses. I did a 10 days review previously and mentioned that I was spending more than usual due to more social gatherings and car servicing/repair.
Personal Bucket: Expenses purely on myself.
Common Bucket: Costs related to the kids/house which should be expensed under the lump sum fixed cost within the recurring fixed spending.
Recurring Fixed Cost: kids related, parents, insurance, house/car related.
Total Spending for month of July
Item A - Personal Bucket : SGD 792
Item B - Common Bucket: SGD 992.45
Item C - Total Spending (Recurring Fixed) for month of July: SGD : SGD 2432
Item D - Total Expenses : SGD 3224 (A+C)
Happy to see that my monthly expenses is below my expected dividend of SGD 5000 per month! I will continue to track my monthly expenses for now.