It is crucial to know where your money goes if you want to get your finances under control. The problem? That isn’t always obvious: Sure, you may keep track of your monthly bills. But what about your daily expenses? When you add up your out-of-pocket expenses, you might be surprised at how much you spend on things like food and transportation.
Spending can be easily tracked when you focus on a short period of time. However, as you become more aware of your spending, you will be able to identify simple changes you can make to reduce costs and increase savings….