The items in my household account book are
- Food expenses
- Fixed cost (living expenses, health/taxes, vehicles, other fixed monthly expenses)
- Investments (including stocks, mutual funds, RITE, and personal investments such as books and tuition)
- Special expenses
I can now think, "If something happens to me, I only need to earn money for 1 food expenses and 2 fixed cost."
This is easy to understand and I like it.
Now I am able to pay for food and fixed costs with my asset income.
This allows me to freely spend, save, and invest the extra money.
household account book is no right answer.
Please try to create something that excites you.