Who determines the value-added contribution of each expense?
All your expenses allocated to each spending category are qualified by one of three levels of priority for their value-added contribution. You and/or your partner determine what that is. Then they are quantified by their cost as a percent of the total category expense. This step (1: Analysis) reveals your consumption habits and the effectiveness of your spending. You have to ask yourself. “Is my income going towards what makes me happy and supports my dreams … or not?” The answer, your truth, should be cause for celebration but it is often a bitter pill. We waste a lot of money that could be doing more to build and sustain a better lifestyle.
