Saving & Spending
Spending for Jan 2025: Hit $800
By Investmoolah  •  February 3, 2025
Previously, I had covered how I plan to budget my approximate $755 spending in credit cards for daily neccessities around Maybank Family and Friends Card. Performance for Jan 2025 Total expenditure was $829 with $52 in cashback clocked. Grocery Spending is High Due to Inflation Close to my estimates, grocery remained expensive coming in at $410 per month. About $50 came from dining because F&B outlets withing supermarkets have the same MCC code of supermarket for Donki and NTUC fairprice. Grocery expenditure will continue to form bulk of my expenses as I continue to prepare my meals to eat, drink and continue living in this world (sorry for being morbid, but harsh facts of life) Spending Behaviour Despite spending less on outside food, I incurred a medical cost at a government clinic, so it helped to reach the $800 minimum spending. Front loading was done due to an Eight Telecom Mobile credits promotion where if we top up $28 in credits...
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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