As 2011 draws to an end I like to take a moment to reflect on my financials. Here are a couple of percentages:
The numbers below do not include regular and retirement savings.
I spent 24% of my income on rent and 23% on my mortgage. The next largest category is 14% on the maintenance costs of my studio. After that I spent no more than 3% in any category.
If I take out what I spent on mortgage, rent, maintenance, student loans and utilities the numbers break down as follows.
13% on clothes/shoes
12% on gifts
10% on groceries
9% on travel
8% on computers/electronics (bought a new computer this year).
Every other category was below 5%.
I like to end the year by spending the most of my non-fixed expenses in the categories that are most important to me. This year I did not. While I love clothes and shoes they are not one of my priorities and I am astonished that I spent more on them then on gifts, food and travel. Taking the time to look back makes me even more determined to go on a spending fast in January and to think differently about my goals for 2012.
picture by jollyUK
The numbers below do not include regular and retirement savings.
I spent 24% of my income on rent and 23% on my mortgage. The next largest category is 14% on the maintenance costs of my studio. After that I spent no more than 3% in any category.
If I take out what I spent on mortgage, rent, maintenance, student loans and utilities the numbers break down as follows.
13% on clothes/shoes
12% on gifts
10% on groceries
9% on travel
8% on computers/electronics (bought a new computer this year).
Every other category was below 5%.
I like to end the year by spending the most of my non-fixed expenses in the categories that are most important to me. This year I did not. While I love clothes and shoes they are not one of my priorities and I am astonished that I spent more on them then on gifts, food and travel. Taking the time to look back makes me even more determined to go on a spending fast in January and to think differently about my goals for 2012.
picture by jollyUK





















