Personal cost of living baseline
Every number in a leap plan rests on what your life actually costs each month, and most people underestimate it by a third once annual bills and irregular spending are counted. Three months of bank and card statements, sorted into fixed, flexible and annual costs, gives you a figure you can defend to yourself and your household.
First tasks
- Export the last three months of personal bank and card statements
- Sort every transaction into fixed, flexible or annual costs
- List the costs your employer covers today that you will inherit
- Write the monthly cost of living total and today's date at the top