Howdy folks?
I have more than 50 Spreadsheets about my financial budget. I’ve turned it over and over in every way I could think of with slightly different numbers and sometimes the exact same. I’m confident I can handle my expenses and savings appropriately.
On the other hand, that may be a sign that I’m spending too much time on it? Maybe? Along with internet browsing and time spent working (if I had to guess). Meanwhile, I’m not spending as much time as I’d like on self-improvements and probably not nearly enough on things like sleeping and taking care of my basic needs. So it’s time for a time budget and tracking where my minutes go in order to build better life balance. I’m used to budgeting cash, the technical part of it should be easy, the psychological part, though…
Anyway, the concept isn’t new, I’m sure several of you use time management apps so I’m asking for some feedback on my categories and budgeted numbers thanks in advance to all those who’ll help me further this endeavour.
Categories
My categories are:
- Basic maintenance (sleep, body care, cooking and eating, house cleaning, grocery shopping, going to the doctor and other kind of similar things);
- Bringing in the money (work and commute);
- Family;
- Self improvement (courses I take to better myself, sport, self-learning and so on);
- Leisure (including travels);
- Life planning (including building these budgets and tracking expenses (both financial and time related ones);
- Lobyism (time spent furthering causes I care for, this includes building a website to share about topics I like);
- Social standing (time spent taking care of my social status, that should work to facilitate further endeavours).
Are there other categories you’d add to the mix?
I’ll be building a prototype budget for November and see how the whole process works for me. This being an ongoing process, your feedback will be very welcome.