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Unformatted text preview: tracking your spending for a month; gather bills and receipts, no matter how small the amount. Where appropriate you can put various expenses into meaningful categories like eating out or auto expenses. Its particularly helpful to categorize which of your expenses are committed expenses such as rent and insurance versus which are discretionary expenses for things you like, but don’t have to spend money on. As time goes by you can analyze your planned expenses versus your actual expenses. In the short run you may want to change your discretionary expenses, but in the long run even your committed expenses can be changed. You can use the form on the page below to help you get started. Page 1 Page 2...
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This note was uploaded on 10/04/2011 for the course ACC 310F taught by Professor Verduzco during the Fall '07 term at University of Texas.
- Fall '07