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Track Your Expenses

August 14th, 2009 · No Comments

If you are having trouble with your money and wondering every month where it is going, why not take a few weeks to “track your expenses”.  Purchase a small notebook and put it in your purse or carry it in your car and track your expenses.  This means you will need to write down every dollar that you spend.  It will likely be an eye opening experience for you.

You’ll likely find that you spend more money on coffee than you expected, or that you have a high entertainment fund.  You will be surprised at where your money goes and how quickly.  This will help you to see where you might need to make changes to your budget or where you will want to begin to make cuts or enforce a stricter budget.

It won’t take long to see where you need to make those changes. For more budgeting help click here.

Photo credit: lupoianfla

Tags: Budgeting

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