Total Monthly Spend (TMS)
Shown here are the headline categories that will make up your Total Monthly Spend:
Key Points about the Total Monthly Spend
- The TMS is the multiplier that will help you get a handle on some key financial milestones
- TMS can be calculated easily using a spreadsheet which you can download and adapt here
- TMS is just about your spending and getting a good overview of that, particularly which categories contribute the most
- It’s not about budgeting and making changes to how you spend – it’s just a closer look into what you actually spend
