Friday, December 18, 2009

Tracking Day-to-Day Expenses

If you don’t know where your money is going, it’s time to start tracking your spending. Different methods of
tracking work for different people—some like to save receipts while others prefer to jot down all purchases
in a small notebook they carry with them. Remember, tracking is only effective if you count every expense,
including the morning newspaper and the 75 cents you put in the office vending machine. Use the sheets on
the next two pages to record weekly and monthly spending totals. (We suggest you make copies of the charts
so that you can track for longer than one week.)

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