Track
Your Spending
Tracking brings awareness to any situation. Whether you’re making $25,000 or $250,000 a year, financial planners will tell you that we need to understand where our money is going. You could use your phone’s note app to log what you spend throughout the day. Doing this, even for a week, will bring a heightened consciousness level to your spending. Or simply dedicate a debit card to your discretionary expenses, or even a credit card (if you commit to paying it off each month) to help you get a clear picture of how much you’re spending day-to-day on the non-essentials. Apps like PocketGuard will also tie into your bank and help categorize spending to aid in building a workable budget.