Wednesday, January 6, 2010

Day 6: Calculate your Cost of Living

For more information and to read the directions on How to Calculate your Cost of Living check out Mommysavers.

I am in the process of doing it now, and what a long process it is! I have been working on this step for about 5 hours now and Wow! Now I know where all our money went last year! My simple but long way of doing it is to go through our bank statements and write down every charge and then I will put it into categories for there.

Some of my categories include:
Home Depot
Monty's (his on the road stops)
Eating out
Entertainment (movies, playgroup...)

and whatever else needs a home.

What does yours include? How's your Spending Freeze going?

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