In the Everyday Dollar Diaries series, I gather individual journals from actual individuals that have tracked their regular investing routines over 7 days, and after that release them here anonymously.
One of the first steps I required to conserve $1M by age 35 was familiarizing how I spent my money.
If you ever before ask yourself, ‘Where does it all go?’ after that I challenge you to keep your very own investing log for seven days.
You’ll be stunned at what you might find.
THE HIGH TECH ENTREPRENEUR
A 36-year-old wedded man from Texas. He has a $255,000 home mortgage as well as makes $100,000-plus.
His greatest monthly expenditures are a $1,800 regular monthly settlement towards his home mortgage, $4,000 a year on traveling, and also $14,000 a year in the direction of equipment tax obligations on the 3 homes he owns.
A computer system designer by trade, he and a companion simply started a brand-new company venture.
Monday
Monthly organic gas costs … $83.39
Lunch out at an Indian restaurant … $23.66
Monthly wellness treatment insurance … $205.36
Website hosting for my company … $49.00
I got some phone accessories from Amazon … $27.01
Tuesday
Dinner out at an Indian restaurant … $50.88
Wednesday
Stocking up on alcoholic beverages … $53.55
Thursday
Lunch out … $8.01
Dinner and also drinks out … $34.28
Friday
Sensors for work … $160.03
One night in a resort for work … $100.66
Saturday
Lunch out … $10.65
Dinner out … $30.36
Alcohol … $84.39
One night in a resort for work … $100.66
Sunday
No spending … $0.00
TOTAL WEEKLY SPENDING: $1,021.89
http://www.creditvisionary.com/heres-how-much-a-tech-entrepreneur-who-earns-over-100000-a-year-spends-in-a-week
http://creditvisionary.blogspot.com/2017/12/heres-how-much-tech-entrepreneur-who.html
credit, Living Frugal