This post happens quite by chance. In preparation of some changes to come in my life (and no, we’re not talking about starting a family or buying an apartment – not yet anyway), I started tracking my expenses not so long ago. Normally I have a pretty good idea what I spend my money on, but to actually see the amount I spent on certain things, I scared myself along the way!

Then a couple more things came my way: (1) an article that I saw on Twitter last week about budgeting based on the 50/20/30 rule – more on this below – and (2) curious friends who have been asking me about the cost of living in Paris. The former had me pondering if I’ve set my financial priorities right, while the latter had me seriously thinking about feasibility of living in Paris.

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