Step 3 Review and Reflection
- Your categories (income and expense) reflect your life choices, not someone else’s. What kind of information do you want to get from your categories? What categories are appropriate to break down in more detail?
- Tracking expenses is not about deprivation – it’s about building awareness. If you have used a budget in the past, how has tracking your expenses compared with budgeting – both in practice and in how you feel?
- Your money flow represents what you’re doing with your life energy. How do you feel when you translate your expense totals into hours of life energy? Did any category totals surprise you?