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Why is it useful to analyze how you have spent money in the past?
Wiki User
∙ 12y ago
Two reasons leap out:
1. Assuming that you don't plan to change your buying habits, knowing how much you've spent (and what you've purchased) in the past is a good indicator of what you'll be buying -- and how much you'll be spending -- in the future. You'll have to figure inflation into the calculations...and you should also estimate future promotions or COLA raises. This will give you a basic idea of whether or not your projected income will let you continue your current level of spending into the future. On the flip side of that coin, it would also let you know whether or not you can afford to switch companies or careers (either of which might entail a drop in income) without changing your buying habits.
2. If you have been sinking into debt (or running up your credit balances, same difference), a review of past expenditures may give you the best outlook on items or areas where you can reduce spending to stay within you income and start paying down your debt.
Wiki User
∙ 12y ago
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An expense from the past that you can't get your money back?
College
What has been the trend of the public debt over the past 20 years?
To just keep borrowing more money money and raising the debt level even further into debt.
Can bank take money from one account to pay into another?
If I'm a signer on my mom's bank account can a bank take her money to pay my past due credit card balance?
Is money equal to success?
no, profit and expansion in a given market are key indicators of success - to go past or overtake your competition is the literal definition.
What does HC mean on a credit report?
HC on a credit report means High Credit. This is the highest amount of money a creditor has issued to you in the past.
Who spends more money Manchester United or Chelsea?
In the past 5 years or so, Chelsea have spent more money. But, in the past, United were also big spenders. Overall though, I would say Chelsea have spent more money.
Who has spent most money in transfer market in past ten years?
Real Madrid
What is the past participle of spent?
first of all spent is a past so the question should be past participle of spend and as the answer would be spent, both past and past participle would be spent
Past tense for spend?
past: spent
What is the past tense of spent?
"Spent" is the past tense of "spend".
What is the past participle and past tense of spend?
spent spent
What part of speech is analyze?
Analyze is a verb. The past tense is analyzedbb.
What is the past tense form of spent with helping verb?
The past tense form of "spent" with a helping verb is "had spent."
In the English premier league who has spent the most money in the transfer market in the past five years?
Chelsea
What is the correct past-tense for spend?
The correct past tense for spend is spent.
What is third form of spent?
spend is the base verb spent is the past form spent is the past participle spending is the present participle
What is the right word to use.. I've spent or I spend?
"I've spent" is correct for a past tense (usually the recent past). I spend means "I am spending now" (ie present tense), or it could mean "Ipay out thisamount of money every year". Similar to this usage with money, it can also apply to usage of time.
