this post was submitted on 24 Dec 2024
101 points (98.1% liked)
Asklemmy
44157 readers
1608 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is what I did this year and last one too.
I started tracking my spending to see where my money was going which was very insightful. Patterns emerged I never could have seen if it wasn’t all laid out in one spreadsheet.
For instance, I learned based on a little experimentation that driving 65 instead of 75 on the highway saved me like $50/month. Yeah, I’m that guy and my commute takes another couple minutes but I still do this today. I’ve reframed it in my head as a $50/mo subscription that doesn’t give me much value for the money and only costs an extra few minutes a day. Worth it in this inflation era.
Also realized I was spending money in all these categories that I could be getting some high cash back credit cards for. When you can see your spending averages over time, it’s easy to be confident about getting a strategic 5% card for gas or online shopping that can claw back a decent chunk of the money you already know you’re gonna spend.
It’s definitely useful to track your spending, in more ways than one
Definitely agree with your comments. The more you see the more you understand. The more you understand, the more you can control. Even if just a little bit.