Track Your Spending

The 2nd Step to money mastery is – Track your Spending

Track your spending or what you put on your credit card. Here’s where we figure out exactly what you’re spending.

In my experience, many people who’re struggling financially have no idea about how much they’re spending. However pretty much every successful person I know is tracking how much they make and how much they spend.
There’s an old saying that ‘success leaves clues’ – well that gives us a big clue right there! Everyone who wants to be successful needs to track what they’re spending. Remember to include credit cards, charge cards, store cards and automatic payments

‘Well how do you do it then?’ Ok, I hear you! Again keep it really simple. If you’ve got a smart phone and are ok with technology – download an app to track each purchase you make. Or if you want to go low tech but still be effective you can just keep a notepad and pencil in your pocket and make a note of everything you purchase.

Or if you like can download your free resources Track Your Spending right here on the site

Simply start by tracking your spending for one month. Now there’ll probably be other bills that come up once every 2 or 3 months that won’t be captured in the month you’re tracking although it’ll give you a good sense of how much you’re spending and where your money is going.

Cool fact – most people who track their spending find that they’re spending patterns change just because they’re tracking it. Interesting!