29 Nov 2022
I am only 25 this year, and I realised that my expenses have been rising as I start to earn more. Just wondering if this is a common trend and how can I look to save more in the coming years.
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Yes, I noticed this too and it's normal I guess. Perhaps that's why people who worked for couple of years get fat haha. So long as u keep track of your expenses and stick within the planned budget should be safe 😊
01 Dec 2022
Main Developer at Retirement Planner
You can try tracking your expenses for at least a month, it will force you to take a hard look at your expenses. At least you will also be able to know where did the expenses go to. Nowadays there are many apps which can do this easily and quickly, while waiting for the food after paying, etc.
Yes I do. Usually too buy things that I wants instead of needs....
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It's lifestyle inflation - the more you earn, the more you spend...suggest you budget and see what goals you want to achieve through savings and then work from there....