189 | The Spending Tracking Spectrum: Level 2
We’ll call this the “Fisherman Level” because we’re only talking about the big ones.
Glance through the transactions from Level 1 and begin to note the largest ones.
The outcome will be something like…
I spent $6,500 this month – $1,500 was the mortgage, $500 was a car repair, $800 were flights for a weekend trip, so everything else was $3,700.
Allow your natural curiosity to govern how far you go, but know that the risk here is getting lost in the weeds.
As you glance, you’ll start to appreciate what’s actually moving the needle and slowly whittle down the black hole of "everything else".
Going forward, notice how the total changes. Notice the individual items you've highlighted in prior months. Even notice how “everything else” is changing each month too.
For most people, this is as far as the venture needs to go because further adventure will lead to injury.