This morning I woke up with a thought in my head:
I wonder how much money I have spent so far this year?
So I hopped online, downloaded all my credit card statements for the entire year, and made a nifty chart in Excel. The results are shown below.
Each circle represents one transaction. The bigger the circle, the more money I spent. The color of the circle represents the month. As you can see, my expenses in August and the first few days of September are noticeably higher than all the previous months because I moved into my own apartment in the middle of August which added rent, utilities, and groceries to my monthly bills.
I think it’s neat to look at this chart and see where and when money was leaving my wallet throughout the year…
So far this year I have spent a total of $3,366, which is absurdly low only because I was living with my parents for the first eight months and only had a monthly car and phone payment to make. All other expenses were pretty much discretionary (cough cough, Chipotle). I plan on remaking this chart at the end of the year to visualize an entire year of expenses in one chart. Stay tuned for that!
Thanks for reading, hopefully you enjoyed this visual 🙂
My favorite free financial tool I use is Personal Capital. I use it to track my net worth, manage my spending, and keep an eye on my monthly cash flow. It only takes a few minutes to set up and it makes tracking your finances simple and easy. I recommend trying it out 🙂
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Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.
Zach's favorite free financial tool he's been using since 2015 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.
Although the bulk of his net worth is invested in index funds, his favorite place to invest in individual stocks is M1 Finance, a site that allows you to build a custom portfolio of stocks for free.
His favorite way to save money each month on his recurring bills is by using Trim, a free financial app that negotiates lower cable, internet, and phone bills with any provider on your behalf.
His favorite micro-investing app is Acorns, a free financial app that takes just 5 minutes to set up and allows you to invest your spare change in a diversified portfolio.
His favorite place to find new personal finance articles to read is Collecting Wisdom, a site that collects the best personal finance articles floating around the web on a daily basis.
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