I have been tracking my expenses since I started working 2.5 years ago. However, I do not do any budgeting as I believe that both of us have inbuild “kiam” (thrifty/stingy) mechanism to prevent overspending and did not want to compromise too much on the quality of life. Hence, the yearly review is important (otherwise, it will be pointless to track them).

Looking back at my 2016 Expenses Review, at first glance I definitely did worst but I felt relieved when I dig deeper into the numbers.

2017 2016 % Change Wedding $14,267.74 $7,800.00 82.92% Parents $8,611.00 $7,653.00 12.52% Me $4,891.55 $3,517.79 39.05% Vacation $3,573.02 $8,832.68 -59.55% Food $2,795.25 $2,729.01 2.43% Insurance $2,372.46 $1,208.46 96.32% Treat $1,713.17 $716.90 138.97% Transportation $1,182.64 $1,307.47 -9.55% Gift $992.77 $2,539.04 -60.90% Credit Card $939.90 $715.12 31.43% Entertainment $372.55 $195.94 90.13% Health $324.05 $286.51 13.10% Gambling $185.00 $135.94 36.09% Other $38.31 $177.50 -78.42% Clothes $5.19 $942.08 -99.45% …