Look for spending patterns

Instead of looking at all the money you’ve spent in the last couple of weeks, you should go through your bank and all your credit card statements from the last six months. Also, make a list of all the money you’ve spent recently.

I know it might sound a bit boring, but here’s the deal: the further back in time you manage to go, the better, as you’ll have way more data on your hands and you’ll also be able to get a better idea of the average monthly expenditure.

This way, you’ll get to see if your expenses marked an upward trend in the past couple of months, and you can properly evaluate the increase. You might wonder why you would ever need to know all that. Well, this is the best way to figure out the effect inflation might have had on your payments.