Setting a Weekly Spending Target

Weekly Spending Targets help you manage and monitor your “day-to-day” expenses, which are the things you buy on a daily basis just to go about your life.

This DOES include:
        Food, drinks, transportation and entertainment like movie tickets or dinner with friends.

This DOESN’T include:
        Fixed expenses: The things you pay regularly every month like rent or mortgage, utilities, bills and your Netflix subscription.

        Big ticket items: Special things you only buy once in a while like plane tickets, Christmas gifts, or a new couch. (*Pro Tip: These are the things you should create a Goal for!)

Everyone is different, but for many people - a good place to start is a Weekly Spending Target that’s about 20% of their income.