Do you know where your money is going each month? Do you know where it went yesterday?
It is really important to keep track of your expenses. It is useful to make a budget for your future planning.
Tracking your spending helps you to identify the expenses and you can control it. If you know the reason for expanding your money, where you spend you can utilize your money in a good way.
The main reason to track your expenses is to create financial awareness. Making a budget and sticking to it is important to a strong financial future and can help you achieve your financial goals.
Basic steps to create a monthly budget:-
- Identify Your Income
- Count Your Expenses
- Plan a Budget
- Track Your Budget
- Add all Record
- Monthly Record Checking
- App to Track Budget