Total expenses for January is $4188.36.
It’s the Chinese New Year Season and I have prepared $1000 for Ang Bao which took up 23.9% of my spending. Other than that, under Home as I have a new tenant and there is a need to purchase new furniture.
Cash outflow for Jan 2020
Starting from 2020, I have a target spending of $2500/monthly.
It will be carry forward to the next month regardless is +ve or -ve.
This is going to be interesting, I will know in Jan 2021 for the year of 2020 how much I managed to stay within budget or will be out of budget by a lot.