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Do you note down or write the day to day expenses... email this discussion to a friend?

myLot reputation of 98/100. yogambal_64 (668)   ranked 4,159 out of 6,413 in writing5 months ago

It is a very good practise to keep a note of the expenses that occur daily, we come to know after months how much we have spent on a particular item when we are in need of it later. I do it regularly noting down the day month and the item with the cost in columns. It also helps me to get an idea of the usage of the item. It also makes me know about the price hikes of essential items.
Do you have this practise?

 
 
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tags:  expense, essentials, practise, cost, pricehike
 
1. ayushrathi (9)   5 months ago

well i used to do this hen i was in hostl its avery good practice but very difficult to keep also i somehow feels it improve memory


myLot reputation of 98/100. yogambal_64 (668)   ranked 4,159 out of 6,413 in writing  5 months ago

Yes it really works out well and a very good habit too, helps you plan things before hand. thanks for your response good day to you.

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2. myLot reputation of 95/100. divkris (782)   ranked 1,889 out of 6,413 in writing   5 months ago

We do have the habit of maintaining a diary to note down daily expenses. I belong to a family of bankers and my father has taught me to keep a regular note of all my expenditure and then have a look at it in the end of every month so that i can know where i over spent:)

Though my father has been telling me this for a long time i was not too worried about it all till i started earning. I also make a monthly budget and then spend accordingly. This way I'm also able to save some amount of earnings cool


myLot reputation of 98/100. yogambal_64 (668)   ranked 4,159 out of 6,413 in writing  5 months ago

Good job, do continue doing it, it helps you a lot in many aspects. Thanks fr yr response.

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3. myLot reputation of 56/100. surfermac (294)   ranked 4,267 out of 6,413 in writing   5 months ago

i do write my daily expenses and find that its more money i spend than i earn


myLot reputation of 98/100. yogambal_64 (668)   ranked 4,159 out of 6,413 in writing  5 months ago

So now you can curtail your expenses little and try to do some savings, good day to yu and thanks for yr response.

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4. myLot reputation of 97/100. daliaj (2853)   ranked 1,914 out of 6,413 in writing   5 months ago

I have seen my parents doing that sometime. But, they never used to do that all the time. I think it is good to write down the expenses so that we can understand the unnecessary things we bought and cut down on that.

I have never done that. I am lazy to do that even though I know that it is good to do that. I have never seen my husband doing it. He spends a lot especially in resturants and coffee shops.

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5. myLot reputation of 74/100. owelm0408 (825)   ranked 3,161 out of 6,413 in writing   5 months ago

I usually write down my expenses vs. my income every month for me to know and track my expenses so i can make adjustments if necessary

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6. myLot reputation of 88/100. bewitched13 (304)   5 months ago

Yes i do have the habit of writing daily expenses as it helps me to keep a check on the expenses i make. It is an excellent habit which helps you in forecasting, budgeting and helps you to save money for a rainy day. These small savings help you to invest for your funds after retirement.

I never check the prices of the previous month to know about the price rise. Yes i keep a check on the expenses and curtail them whenever necessary.

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7. myLot reputation of 97/100. busky5 (2032)   ranked 1,459 out of 6,413 in writing   5 months ago

happyI don't like to write everything in the diary.I like to keep them in my mind more.IF the bad something for me, i will not keep them in mind.

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