Make habit of keeping record of financial expenses.
In our day to day life we use to spend money in many stuff. Sometime in buying food, sometime in shopping, sometime in party or donating in charity. But most of the people don't keep track of their expenses. So did i till somedays ago. As a result i couldn't figure out where i spend money or sometime i amaze thinking how did i spend so much at the end of the month.
Then i thought of keeping record of my expense. It's too hard to keep record of spending in a nootbook. Neither we need to do as we have so many wallet app now in our play store/i store for keep record of our day to day spendings. Those are all free, so you can grab your favourite one and start keeping record.
I am using an app called Money Manager for keeping my record. It's so simple and easy to use. There are more complex and Feature full apps in store but i loved the simple one. You can grab it from here or choose another one as your need.
This will really help you in your monthly budget. You can see your expenses anytime and can figure out how u will spend your rest money. Some app also gives a pie chart of montly spendings and earnings. From that you will know on which sector like food/shopping/education, you spend much.So, i will suggest everyone to make this a habit. This will help you for sure.
This is the end of my blog. Thanks for your time to read my blog.
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Im travelling for work. I've been 90 percent consistent with keeping tabs but its getting hard.
#1 Rule for having enough money.
Don't create more monthly debt than your monthly income.
No matter what your income class is, live within your means, refrain from being sucked in to the materialism whirl pool. Be an individualist, not a weak follower and you will be happier and have much less stress in life.
I do agree with ur words
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Good info I’ve started reviewing my monthly statements and it kills me to see how much money I spend eating out each month. But tracking it through out the month seems like the way to go
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