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How to control and track your spending effortlessly
Written by Sam on July 11, 2006 – 7:10 pm -Occasionally a family member or friend will ask me how I manage my finances and how they can get started down a path of financial control and peace. Getting control of your finances can be a daunting task. Finances are one of the biggest sources of stress and can cause deep rifts in relationships. The fact is, there’s no quick fix when it comes to managing your finances. It takes time and must be done step by step.
One of the first steps of sound financial management is tracking your spending. Once you track your spending and are able to see where the money goes, it’s easier to attempt to control your spending. How can you control something when you have no idea what it is you need to control? The bottom line is, tracking your spending goes hand in hand with controlling it.
Posted in Budget, Budgeting, Budgets, Cash, Credit Cards, Debit Cards, Finance, Finances, Money, Personal Finance, Spending | 19 Comments »