I copied all debits listed in our checking account for the last 90 days into an Excel spreadsheet, then labeled each one with a category. I sorted by categories, totaled the categories and all the expenditures, then calculated what percentage of our spending each category was.
My categories may not have been completely accurate, because I can’t always tell what a debit is for, and I also may have debits that fit more than one category. I also left out transfers to savings and two one-time debits that didn’t really fit anywhere.
Here’s what I found out.
These are our regular bills that we will arguably always have, like rent, phone, internet, power, websites, etc.
Eating out and ordering in.
Car Payments: 14.91%
My Yaris. Sean likes to make double payments each month. Should be paid off soon.
Various bills related to my congestive heart failure. Nice.
This is mostly the purchase of DVDs and books from Amazon.com, though it also includes a few webcomic-related purchases (t-shirts, books, subscriptions).
The dining room table, my desk and filing cabinet, and the decorative stuff I recently bought at Target.
Anything I buy for home use, including toiletries and cleaning stuff and, of course, food.
My salon visits and Sean’s haircuts.
I really thought this would be higher in the list.
This isn’t accurate, as I usually use my Cato card to buy my clothes, so this percentage only includes the stuff I recently bought Sean from Lands End.
Basically if we spent money on family, like presents or cards.
To put that in perspective, here’s a nifty pie chart:
we I spent a lot of money on eating out, but that is a pretty big portion of our overall budget.
I’m not sure what to make of all this yet. It’s definitely given me something to think about.