Personal Finance
The Tracking Effect
By Finance Smiths  •  November 5, 2016
Another week of work has gone by! I have to say the new job environment is tougher than my previous one. It might have to do with the fact that I'm not settled in yet. But I can feel the higher stress levels, more intense workpace and increased number of things to follow up on. Benefit - Day/week passes faster. Con - More exhausted at the end of each day/week. Still not sure whether the benefit outweighs the con. Anyway, I have continued to track the changes in our net worth, portfolios, passive income and spending on Google Sheet, SGXcafe and this blog. After doing this for one year, I'm noticing certain effects from doing so.
  1. Reluctance to overspend
I used to be less aware of how much we were spending on travel, food, entertainment etc. We enjoyed engaging in these leisure activities and it hurts less when you don't know how bad the overspending is......
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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