Saturday, December 22, 2007

I'm Losing By Saving

So I just completed my first month of meticulously tracking all of my expenses after my first paycheck. So my first paycheck was just under 2,000,000 won, or just under $2,200. Over the last the month I spent a little over $500, which gives me a savings rate of over 75%. This will probably be the highest rate of any month though, as I had rather low utility bills this month, since they covered part of the time no one lived here.

Anyway, my expenses worked out as so:
62% - Food
15% - Transportation
7% - Gifts
7% - Entertainment
5% - Utilities
4% - Other

I managed to keep track of all my money except for 1,923 won. This is actually very odd as since there are no coins smaller than 10 won, I have no idea how to account for the missing 3 wons.

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