Tracking your money income, expenses and investments is the first step towards making a change in your financial life. And the first step is the hardest. It’s like any change. We know what we should do, but there has to be a moment where we commit and follow through.
Most people are really surprised just how much they spend in certain areas because they go un-tracked.
Infact there are many people who started tracking but dropped it soon because it showed up some difficult data! Data that were depressing or something that they did not want to change or they could not change!
GetRichSlowly has an article on How to Track your Spending (And Why You Should)
As they say,
“Tracking your spending will probably be the most painful part of your journey. Likewise, it’s the most important.”
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