Use the spending log example to see how you are spending your money. You just might be surprised. As you begin to prepare for Federal retirement, it is important to make certain you are eliminating as much waste as possible. Your spending log might show you where you can cut back and perhaps add a bit more to savings.
- Also Read: Survivor Claim Checklist: Federal and Military Benefit Steps for 2026 Retirees
- Also Read: Roth Conversions Before and After Retirement: Timing, Tax, and TSP Impact
- Also Read: Case Study: Postal Retiree Medicare Requirements and Part B Enrollment Steps
Personal Spending Log
|
Weekly |
Income + $ (A) |
Spending – $ (B) |
| Sunday | ||
| Monday | ||
| Tuesday | ||
| Wednesday | ||
| Thursday | ||
| Friday | ||
| Saturday |
A minus BÂ gives you a guestimation of how you are spending your money on a weekly basis. Part of your retirement readiness checklist requires you to look at how much money you spend daily and if you can redirect some of the spending to create greater money management efficiency.
Try logging your income and purchases on a daily basis for a month. Analyze the results and decide what you can do differently with your spending.
P. S. Always Remember to Share What You Know.
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