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  • Before: Comparing Expenses Vs Vs Lockdown

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    The document compares monthly and annual expenses before, during, and after lockdown. Rent was the largest expense at $10,500/month before lockdown. During lockdown, monthly expenses decreased to $11,000 with a reduction in dining out. After lockdown, expenses are estimated to increase to $12,600/month as dining out and other expenses return to 70% of pre-lockdown levels. This represents a potential 7% increase in savings during lockdown. The document suggests reading articles on financial goal planning and goal-based investing to better utilize increased savings.

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    Lockdown-Vs-Regular-Expenses

    Original Title

    Lockdown-Vs-Regular-Expenses

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    The document compares monthly and annual expenses before, during, and after lockdown. Rent was the largest expense at $10,500/month before lockdown. During lockdown, monthly expenses decreased to $11,000 with a reduction in dining out. After lockdown, expenses are estimated to increase to $12,600/month as dining out and other expenses return to 70% of pre-lockdown levels. This represents a potential 7% increase in savings during lockdown. The document suggests reading articles on financial goal planning and goal-based investing to better utilize increased savings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    10 views7 pages

    Before: Comparing Expenses Vs Vs Lockdown

    Uploaded by

    Will Delete Soon
    The document compares monthly and annual expenses before, during, and after lockdown. Rent was the largest expense at $10,500/month before lockdown. During lockdown, monthly expenses decreased to $11,000 with a reduction in dining out. After lockdown, expenses are estimated to increase to $12,600/month as dining out and other expenses return to 70% of pre-lockdown levels. This represents a potential 7% increase in savings during lockdown. The document suggests reading articles on financial goal planning and goal-based investing to better utilize increased savings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 7

    Only Fill Yellow Cells

    BEFORE Lockdown
    Comparing Expenses
    Before Vs During Vs After
    Monthly Annual
    Lockdown Expenses Expenses

    Rent 10,500 126,000


    Society/Property Maintenance - -
    Parent Support - -
    Sibling (others) Support - -
    Childcare - -
    Food (Grocery) - -
    Dining Out - -
    Online Food Ordering 3,000 36,000
    Other Non-Food Consumables - -
    Fuel + Regular Travel - -
    Utilities (Electricity, Water, etc.) - -
    Phone + Internet - -
    Monthly Children's Education - -
    Expenses Own / Spouse / Sibling's Education - -
    Help (Support Services) - -
    Healthcare (Self, Spouse, Kids) - -
    Healthcare (Parents, In-Laws) - -
    Entertainment - -
    Online Subscriptions - -
    Home Loan EMI - -
    Property Loan EMI - -
    Car Loan EMI - -
    Education Loan EMI - -
    Personal Loan EMI - -
    Uncategorized Shopping - -
    Miscellaneous - -
    13,500 162,000

    Vehicle (Repair, Maint.) -


    Clothing -
    Life Insurance (Traditional) -
    Life Insurance (Term) Provide Annual -
    Health Insurance Approx Figures -
    for
    Vehicle Insurance completeness. -
    Non-
    Assumed these
    Monthly Property Insurance expenses to -
    Expenses
    Holidays remain -
    applicable once
    normal life
    returns
    completeness.
    Non- Assumed these
    Monthly
    Expenses expenses to
    remain
    applicable once
    Home Trips normal life -
    Gifting returns -
    Charity -
    Electronic Purchases -
    Property Repair & Maint. -
    -
    Only Fill Yellow Cells
    DURING Lockdown AFTER Lockdown (when regular life returns)

    Monthly Annual Still Applicable? If Yes, How much Monthly Annual


    % of Regular Life
    Expenses Expenses (Yes / No) Expenses Expenses
    expenses?

    10,500 126,000 Yes 100% 10,500 126,000


    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    500 6,000 Yes 70% 2,100 25,200
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    - - - -
    11,000 132,000 Total 12,600 151,200
    www.StableInvestor.com

    Monthly Expenses
    (BEFORE Lockdown) 13,500

    Monthly Expenses
    (DURING Lockdown) 11,000

    Monthly Expenses
    (AFTER Lockdown) 12,600

    Potential for Increased


    Savings (%) 7%

    Found this exercise interesting?

    Want to know how to better use this


    increased savings potential?

    Since you have time, try to read the


    following 5 articles:

    https://stableinvestor.com/201
    1 Financial Goal Planning (Free Excel Sheet) ncial-planning-excel-worksheet-

    2 Why linking Goals to Investments is the Best Strategyhttps://stableinvestor.com/201


    forinvestments-financial-goals
    You?
    If the links on
    the left do
    not work,
    3 How to Set your Financial Goals + Not mess uppaste https://stableinvestor.com/201
    copy
    ncial-goals.html
    the links on
    the right in
    your broswer
    https://stableinvestor.com/201
    4 What is Goal-based Financial Planning? ncial-planning-goal-based-inves
    copy paste
    the links on
    the right in
    your broswer
    https://stableinvestor.com/201
    4 What is Goal-based Financial Planning? ncial-planning-goal-based-inves

    https://stableinvestor.com/fin
    5 Implementing Goal-based Investing in Real Life planning-services
    /stableinvestor.com/2017/05/fina
    anning-excel-worksheet-free.html

    /stableinvestor.com/2018/10/link-
    estments-financial-goals.html

    /stableinvestor.com/2017/05/fina
    ncial-goals.html

    /stableinvestor.com/2017/01/fina
    lanning-goal-based-investing.html
    ://stableinvestor.com/financial-
    planning-services

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