The Spending Plan Calculator
Cumulative Amount
| Category | Actual Expenses ($) | Targeted Expenses ($) | Priorities Needs = "1" Wants = "2" |
|---|
Monthly Breakdown
Tips On Planning Your Spending
- Practise "Save Before You Spend i.e. Pay Yourself First".
- Review expenses and cut down unnecessary spending.
- Helpful questions:
- Do I save at least 20% of my net income consistently?
- Are my actual expenses greater than budgeted expenses?
- Any identified expense items for review and action?
- Are there ways I can reduce spending? (e.g., search for best buy, use free facilities)
- Are there any money drainers in my expenses? How can I reduce it?