Saving & Spending
How I Spent $22,464 a Year in 2020
By Investment Moats  •  December 30, 2020
Every year, this time of the year, I would share with everyone my spending. This year, we will be carrying on the tradition as well. Spending is a way we allocate our resources. We have certain leeway what we decide to spend on. Some are wiser spenders than others. If you speak with some, they have an issue controlling their spending.
Is tracking your spending (like me) important? Tracking your spending feels like a lot of work, but here is something to think about. We have enough prospects who came in, tell us their income and expenses, and were shocked that their expenses add up to such a huge amount. The number came as a shock because there are some things that, if you don’t put the number on a piece of paper, you might not realize they add up to such an amount. Tracking spending is not an OCD behavior....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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