I've heard it said many times that if you want to know what matters to someone, look at what they spend their money on.
I read a blog (or an article or something, my mind is blank on the details) by a minister writing about taking care of your money in the recession.
He said, he could tell what mattered to you, where your heart and mind were, just by spending a few minutes with your bank or credit card statement.
I wondered if this was true in all cases. I don't think that would necessarily be true of me. I myself am somewhat of a scatterbrain and I couldn't tell you what in the world was THE MOST important thing to me right now. So, I thought I'd look at my spending record and bank statements for some clues.
For all of 2008, my largest expense was transportation -- accounting for 23% of my spending. Huh?
That includes my car payment, car insurance, maintenance and supplies, licensing, and public transportation. Well that's just silly. The most important thing in my life is getting around?
So then I looked at my next largest single expense: FOOD.
Thirteen percent of all my spending last year was on food -- groceries, snacks and dining out.
Whoa. Now, as you've seen in my past monthly reports, I almost always go over budget on food. I enjoy cooking new things. I LOVE baking. I also get lazy and eat out or my guy and I go out to eat at our favorite places. Food, it would seem, is very important to me, but the most important thing to me? No way.
Hmm... I think the things that matter most to me don't cost me any money directly. My relationship with my faith and my God are important to me, but cost me nothing. My guy is very important to me, but he's not in my credit card statements. My mom, gram, brother, my whole family is important to me, but Christmas is the only time I really spend on them. My career is important to me (though, right now, it's kinda on hold... or something. I'll get to that in another post).
I don't know. Maybe I am interpreting what the minister was trying to say incorrectly.
What about you? Does your balance sheet reflect what's most important you or not at all?