Kudos to you!
First, congratulations are in order. Choosing to get informed about your spending data is the first step toward a brighter financial future. As with any challenging task, know that assessing where you are now is only the beginning and it will get easier with practice.
Digging into financial data can bring up a lot of difficult emotions, especially if this is your first time really taking a close look. We all have our own money stories and anxieties that can cloud our progress. With this challenge, we encourage you to keep moving forward. And remember, you’re not doing this alone!
Keep it simple
You might be tempted at this point to reorganize your categories and groups. As you start digging into transactions new categories or a new group/category structure might come to mind. Allow yourself a little wiggle room to adjust as needed, but remember to try and keep it simple and stick with the basic structure you started with at the beginning.
To help you make your own observations about your spending from last month up to today here are some anecdotal examples.
Last month I spent the most in the Discretionary group. It makes sense to me because I wanted to upgrade my gear collection for winter backpacking.
I spent the most in the Giving group because of the holidays and making sure the kids felt excited about their Christmas loot after a challenging year being separated from friends and family due to COVID-19.
Most of my spending was in the food group, specifically restaurant spending, which doesn’t make sense to me because I felt like we did cook a lot, but I guess we got more take out than I thought on top of all the groceries we stocked up on.
At first I was shocked by how much we spent on Amazon, but then I realized we were quadrupling down on toilet paper before it went out of stock again.
So far this month, I’ve spent the most in the Living group which makes sense because my rent and a lot of living expenses like my light bill have already been deducted from my accounts.
Your turn to share!
Was there anything surprising or notable about your spending patterns from last month to today? What else did you learn by reviewing your spending? Share some observations below.
Click “reply” below to share.
Resources & Support
Here are a few guides you may find useful as you work through the checklist for this segment:
- What to do if you have trouble refreshing an account
- What to do if you’re missing transactions
- A guide on refreshing and updating in Tiller Money Feeds sheets
- How to manually import your bank data
If you need help with completing any of the checklist items, including addressing account connection issues and errors, please reach out to our support team via the chat tool in the lower right corner of the Console at https://sheets.tillerhq.com/auth/google for the fastest response. The topics here are intended to be motivational, not for troubleshooting and the team via Chat can help you faster and more effectively than anyone here in the community.