$$$ KPO and CZM $$$: 2016 Expenses Review

Sunday, January 8, 2017

2016 Expenses Review

I spent some time to compile my expenses for 2016 (CZM does not track hers). To my horror, I spent $38,757.44?!?!

Vacation $8,832.68
Wedding $7,800.00
Parents $7,653.00
Me $3,517.79
Food $2,729.01
Gift $2,539.04
Transportation $1,307.47
Insurance $1,208.46
Clothes $942.08
Treat $716.90
Credit Card $715.12
Health $286.51
Entertainment $195.94
Other $177.50
Gambling $135.94
Grand Total $38,757.44

The trip to London-Iceland-Paris really burn a big hole in my/our pocket. Let me remove those 1 time expense (e.g. Wedding Ring) and expenses incurred from KPO Expense Fund such as Vacation, some winter clothes, etc.

Parents $7,653.00
Me $3,517.79
Food $2,729.01
Gift $2,539.04
Transportation $1,307.47
Insurance $1,208.46
Treat $716.90
Credit Card $715.12
Clothes $286.76
Health $286.51
Entertainment $195.94
Other $177.50
Gambling $135.94
Grand Total $21,469.44

Even $21,469.44 is ridiculously high! I went on to look at the breakdown of each category except from "Parents" and "Me". I am giving my parents a monthly allowance and paying for some of their insurance. I bought DJI Phantom Advanced 3 for myself hoping that I would be able to capture the special moment in Iceland + some other miscellaneous costs such as installment plan for my laptop, haircut, etc.

Food $2,729.01
Beverages $329.57
Breakfast $37.40
Dessert $58.88
Dinner $782.58
Drinks $6.00
Lunch $1,486.40
Others $6.90
(blank) $21.28

Food looks high but if you were to take $2,729.01 divided by 365 days. It is only an average of $7.50.

Gift $2,539.04
Ang Bao $100.00
Colleague $50.00
Darling $978.17
Donation $2.00
Family $928.06
Friend $4.00
Wedding $378.00
(blank) $98.81

The major expenses are coming from CZM and family.

Transportation $1,307.47
Cab $450.74
Darling Cab $79.06
EZ Link $775.55
Ferry $2.12

Looks like I have been cabbing quite a bit.

Insurance $1,208.46
Early Cancer Care - 150k $195.00
Hospitalisation $642.56
MediShield Life $78.90
Term - 1 Million $292.00

Insurance probably going to increase since I got Term and Early Cancer Care around October.

Based on the above analysis, I came up with a target for 2017 and I shall review this 1 year later.


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