Tracking variable expenses
Variables expenses, as the name implies, vary over time. Examples of variable expenses include water/electricity/gas bill, telephone bill, food bill, medicine purchases, etc. Because variable expenses change over time, it is difficult to accurately track what you spent if you don't record such expenses. I will show below you a list of common variable expenses but please be sure to document (for at least a month) your own variable expenses to accurately know your variable expenditures.