To calculate your savings from a trip:
- Subtract your total out-of-pocket cost from the before savings cost (original price). This equals the $ amount saved.
- Divide the amount saved by the original price. Move the decimal over two spaces = your savings percentage!
Calculating and recording your savings is an important part of keeping a budget and tracking your progress as a KCL. Tools like Savings Tracker on The Coupon Project website are a great way to keep all the information in one place, and it automatically does the math for you! Simply enter the information from your receipts under the appropriate month.