The yearly total will help me at the end of the year see the difference between how much I actually spent in the year and how much I spend with irregular costs. The monthly total tells me that I need to be setting aside $95.67 for regular expenses. I like to have both the monthly and yearly totals. I put in Feedblitz monthly cost and multiplied it by 12 so that I can see how much it costs me each year. As you can see, I put in yearly amounts for GoDaddy, CoSchedule, and Tailwind, and divided them by 12. This first sheet tells me how much money I need to be setting aside for my regular expenses. In order to save up for that, I like to put a little bit of money aside each month. Sometimes these yearly fees can cost a few hundred dollars each. My email service, Feedblitz, is paid monthly. I also pay a yearly fee for my social media hosting through CoSchedule and my Pinterest/Instagram posting through Tailwind. For example, every year I pay a renewal fee for my blog’s hosting services from GoDaddy. Before we start actually categorizing expenses, I also like to have an idea of what my regular expenses are for budgeting purposes.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |