On the surface, some things always looked the same. The birds sing their heart out awaiting for the worms to come through the earth, just as they always did. The old men still sit at the pub with their coats on sucking on ales. The road are flat and tidy, there are the buggies and their owners, the old ladies with their bags, the impatient children waiting for the bus.
In the following blog post, I share the results of two analysis. The first one is an analysis of my spendings by categories after a year, the second is analysis of what I want to achieve by category. The analysis contribute to my main aim which is to achieve financial independence. I am currently trying to pay a debt - 12K for a student loan. To do the first analysis, I downloaded all the statements from my current account in an excel format. I assigned a category to each entry. What are the results? I allocated 18% of my resources to my loan and the same amount to travel to France and have a couple of trip in the UK. I spent more money on conspicuous consumption than food. I did not have many outings that involved financial expenditure. What am I missing? I haven't got a good idea of what all the cash I have taken out was used for. A part of it must be to commute to work, then it is a mix of food shopping, outings, shopping and more outings. For the second analyy...
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