How much can you economize on your daily spending?

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@yanzalong (19091)
Indonesia
December 18, 2017 6:27pm CST
You know how important it is to budget our daily spending. Your daily budget may be based on your monthly earning. For me, as I am living alone, I must know the maximum daily spending. A few times I go beyond the ceiling and when I realize this, I should cut it down in order to be under maximum daily expenses. Yesterday I succeeded to spend only approximately US$0.85 it is only 37% of my total maximum daily spending. About you, what is the lowest and highest daily spending? You may use percentage instead of actual amount. Thank you.
5 people like this
5 responses
Judy Evans
@JudyEv (382312)
• Rockingham, Australia
19 Dec 17
We go to these lengths but we have a good idea when we start over-spending and at that point we cut down again. We are retired so don't have a salary as such any more.
1 person likes this
Yanzalong
@yanzalong (19091)
• Indonesia
19 Dec 17
I see.Did you work for a company before or you ran a business of your own? Pardon me for asking you this.
1 person likes this
Judy Evans
@JudyEv (382312)
• Rockingham, Australia
19 Dec 17
@yanzalong It's fine to ask. Mostly we worked for a 'boss' but for a while we were part-owners in a farm machinery business.
1 person likes this
Anna
@LadyDuck (502622)
• Italy
19 Dec 17
I go out grocery shopping only once a week, it's easy to know how much I usually spend and to cut down a bit if I spent too much the previous week.
1 person likes this
Yanzalong
@yanzalong (19091)
• Indonesia
19 Dec 17
That is good.
1 person likes this
lady Di
@lady1993 (27221)
• Philippines
19 Dec 17
wow that is quite low... i think my minimum spend a day is $2. Since i commute daily and the fare can be expensive
1 person likes this
Yanzalong
@yanzalong (19091)
• Indonesia
19 Dec 17
No wonder. I walk everyday.
Pat Z Anthony
@PatZAnthony (14749)
• Charlotte, North Carolina
19 Dec 17
That is something many of us don't want to think about! Spending can really get out of hand at times.
1 person likes this
Yanzalong
@yanzalong (19091)
• Indonesia
19 Dec 17
Yes, that happened to me many times. When I had lots of fund, I just tend to splurge and when I am hard up, I keep thinking about budget.
josefina
@josie_ (10033)
• Philippines
19 Dec 17
It's hard to economize when the buying power of our money keeps shrinking. Then there are credit cards which encourage people to live beyond their means.
1 person likes this
Yanzalong
@yanzalong (19091)
• Indonesia
19 Dec 17
I agree. Some people feel forced to use credit cards, which may turn out to be burdens in the future.
1 person likes this