Skip to main content

Cash in Cash out





The analysis of my bank statement made me see how much I am taking out from the bank in cash but did not tell me exactly on what I was spending all of it in. So with my lovely spreadsheet, I have tracked over a month period, how much I was spending in cash and on what.

Good News Or Bad News? £363.59. It is approximately 25% of what I receive per month more or less. 





No surprise


I was not surprised with the money I spent on outings because it was all planned for and I actually spent less than expected. Food was almost the budget I planned for the month £50. Cash for my personal development was also planned for which is good... However

It could have been a lot less...

If only I
- did not have lost my bus pass £60 BOOM
- used other buses than the one I purchased my pass from because I missed the last one >> £7.1
- did not have bought too many take away, chocolate bar and pastry > £30

It would have been about 265.9

For the lost bus pass, tough I guess...

but the war against take aways and chocolate bar have now started...You could tell me £30 pound is not that much >> it is approximately 360 per year. It is more than one settlement for my monthly loan reimbursement.

So what is MY CUSTOMER JOURNEY IN THE LAND OF SWEET AND SALTY ENEMIES?



The Vending Machine at Work
Likely to be approached around 10-11am
because I am so hungry and
do not have any snacks with me or
worse I forgot my lunch

What Am I likely to buy at the vending machine



When I live work, here come my second enemy... waiting for the bus feeling starved again>>

Then there is the odd weekend but more likely I forgot my pack lunch or did not make it to go to work with sooo >>






Alright there are three points in the day where I am likely to buy those things >> morning crave, lunch crave, and afterwork crave. Solution 3 Fruits + AFTER YOU FINISH YOUR DINNER, PACK YOUR LUNCH.

Summary

  • Tracking your spending over a month period is a good way to understand how and where you spend.
  • when you identify an issue, map your journey, identify why you have behave a certain way. 
  • Then Develop YOUR solution
  • Also add those miscellaneous spendings into your budget. Now that it is identified, it has to be budgeted for...

Et voila Cherrios





Labels:

Comments

Post a Comment

Popular posts from this blog

Projects

Growing up in the performing arts sectors, I have seen theatre professionals shipping projects and plays every year, touring them and closing them for good. What I liked the most while observing the process were the conversations, the questions they asked to one another and the reflection. With One Question Comes A Great Story - A Story of Change - A Story of Transformation. Here are some of the questions I asked myself over the years: Why do people consume so much when they know that the rest of the world is in a pitiful state? How can design support What is the role of designers in supporting the transition towards a circular economy? What is the role of local government in supporting citizens in their sustainable journey? What is the role of grassroots communities in supporting people in reducing their carbon footprint? What is the effectiveness of a community-based approach in raising awareness about sexual violence in a set community? What can we do better to raise awareness about...
Post a Comment
Read more

What is your job you do?

What is your job you do? Where do your work? are probably the hardest questions to answer to in a short sentence. It is great when you have a title, it gives a splash of your awesomeness in the face of your interlocutor. I am 'Consultant Associate'. I am 'Customer InSight Officer'. I am 'Data analyst Manager'... ( in your face) . Where do I work? I am a flexi-travelling worker. I mainly work from home. BUT, I also work in various places in the Midlands (Leicester, Northampton), also London, I jet set to Paris and Amsterdam sometimes... ( splash in your face) ... Those two questions are set to gauge both interlocutors' status. It is quite sad, the longer the title and list of places you go to, the more you appear awesome. Truth to be told, I love working from home and have a family to come back to after a long day making decisions. In my own perspective, the question should be reframed to 'What are you passionate about?'  At least, you will connect mo...
1 comment
Read more

Time to listen

Sometimes our own perspective on life may get in the way of what we understand when others speaks. Pause, breathe and really listen. You may learn something. if you are too busy with your own thoughts, you will not even realise what was said. You will probably misinterpret some important signal. So what to do, Pause, breathe, ask further questions before sharing an informed answer based on fact and not your own imagination
Read more