Calculating Monthly Expenses

My CFO insists that I record every single penny I spend and I agree with him because it is an extremely good habit for knowing where the money goes, instead of flippantly splurging on unnecessary purchases only to regret later over spilt milk. What I do is keep every single receipt that I get in my wallet and for those cash purchases without receipts, I’ll either note them down quickly in my notebook, scraps of paper (even bog roll will do) or along another receipt in my wallet, so the Hubs knows exactly where my monthly allowance goes. Not to the paid-by-the-hour gigolo who could insatiate a pregnant lady (may God bless him), nor the Gucci store but to real-life necessities, like Kiehl’s sun block and Aunty Anne pretzels.

Then at the end of every month, or every other month, I’d put all the data from my wallet into my notebook diary which the Hubs will then record onto his Microsoft Money software (which has been discontinued, by the way) that will tell him how much money I’ve spent on Starbucks, Kizsport and other follies. Of course, I’d get a lecture every month about how I need to cut down on my expenditure because we now have impending expenses in the form of a FILIPINO helper and a new baby, hospital bills, a confinement lady, blablablabla…….

He is so right still because when you realise that you’ve spent close to RM300 in a month on Starbucks, you suddenly realise shit, I could have saved that. RM300 x 12 months is RM3600 – the price of a new LCD TV monitor that we could have in our bedroom. Actually, we should just save the money for the kids’ education. Did I tell you how Tee’s face changed when we told her no more Starbucks? *laughs*

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4 thoughts on “Calculating Monthly Expenses

  1. he’s right ! I kept tab on our expenses with one money mgmt software and at the end of the month, BOTH of us got a shock !! But hor.. nothing is to be said abt his indulgence at San Francisco Coffee wor.. What can you say to a man who is so known at all SFC outlets, they know his name and how he wants his CCB three quarter water and his other fussiness !!! Damn RM8 for a cuppa joe per day was a ‘neccesity’ whereas my personal shopping was not !

  2. hahahahah………

    poor tee…how she will suffer from withdrawal symptoms..be strong mamapumpkin..BE STRONG! Don’t let up! The NEW LCD TV CALLS YOU!

  3. sigh….i never keep tab on where my money went. i guess that explains why i can’t save money 🙂 hey, you actually spend rm300 a mth at starbucks? you must be their VIP Customer 😉

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