WyattBFin on Nostr: Working on a household expense review in which groceries and recurring monthly ...
Working on a household expense review in which groceries and recurring monthly expenses (e.g. internet and utilities) are priced in sats and charted over time. The objective is to monitor the household’s purchasing power in sats while monitoring fluctuations in the specific expense categories.
The groceries expense is represented by twenty-six items typically purchased weekly for our household. More or less items can be purchased in any single week, but the goal is to represent the average purchase. Additionally, these items will be priced at the same grocery store and representative of the local market, not a regional or country average.
One would predict the expenses that do not change month-to-month get cheaper when priced in sats over time. One could argue that all expenses priced in sats get cheaper over time.
The intrigue lies with those expenses that can fluctuate widely, such as utilities. For example, a middle of the summer month compared to the same month from the prior year. As the household’s power consumption increases to meet comfort demands, and assuming per kwh price in the current year is different than the prior year, how does the price in sats compare to that same month from the prior year. Could one increase demand, while experiencing increased cost per kwh, but spend fewer sats?
Initial charts and explanation will be published soon and will be updated on a weekly and monthly basis alongside analysis.
Curious if others have looked at their spend the same? Specifically those who hold little or zero USD. ODELL (npub1qny…95gx) jack mallers (npub1cn4…3vle) or others? If so, and the analysis is public, please share any insight.
The groceries expense is represented by twenty-six items typically purchased weekly for our household. More or less items can be purchased in any single week, but the goal is to represent the average purchase. Additionally, these items will be priced at the same grocery store and representative of the local market, not a regional or country average.
One would predict the expenses that do not change month-to-month get cheaper when priced in sats over time. One could argue that all expenses priced in sats get cheaper over time.
The intrigue lies with those expenses that can fluctuate widely, such as utilities. For example, a middle of the summer month compared to the same month from the prior year. As the household’s power consumption increases to meet comfort demands, and assuming per kwh price in the current year is different than the prior year, how does the price in sats compare to that same month from the prior year. Could one increase demand, while experiencing increased cost per kwh, but spend fewer sats?
Initial charts and explanation will be published soon and will be updated on a weekly and monthly basis alongside analysis.
Curious if others have looked at their spend the same? Specifically those who hold little or zero USD. ODELL (npub1qny…95gx) jack mallers (npub1cn4…3vle) or others? If so, and the analysis is public, please share any insight.