Comments on: 7 Reasons Why You Should Track Your Spending https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/ Make More. Save More. Live Better. Thu, 25 Aug 2016 23:56:03 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: mrselfreliance https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-22147 Wed, 27 May 2015 09:47:10 +0000 http://www.youngadultmoney.com/?p=17873#comment-22147 I’ve been using Mint.com for about a year now and love it.  It really makes me think twice about wasting money.  

This line from the article really got me “Ask anyone older than you if they regret not getting a handle on their finances sooner. Most would say yes.”  I wish I could go back in time and give my self a kick in the @$$, lol.

]]> By: Gary @ Super Saving Tips https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-19607 Sat, 13 Dec 2014 05:08:07 +0000 http://www.youngadultmoney.com/?p=17873#comment-19607 I think tracking your spending is one of the most important things you can do to improve your finances. We’ve been tracking our spending for quite a few years using Quicken, which not only gives us a clear picture of our finances, but also lets us compare against previous years. If you’re going to track your spending, try to be specific. I’m not saying you can’t have a miscellaneous category for what is truly miscellaneous (ours is under $25 total for the year), but a relative of mine new to tracking ended up with over $1,000 in “miscellaneous” spending this year, and that doesn’t tell them enough about where their money is going.

]]> By: Erin @ Journey to Saving https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-19603 Fri, 12 Dec 2014 20:05:21 +0000 http://www.youngadultmoney.com/?p=17873#comment-19603 yooperamongtrolls That’s horrible! I’m sorry they did that, but glad you caught it because of YNAB. That’s why tracking your spending is crucial!

]]> By: Erin @ Journey to Saving https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-19602 Fri, 12 Dec 2014 20:04:40 +0000 http://www.youngadultmoney.com/?p=17873#comment-19602 deardebt I definitely agree that it helps to re-frame your goals. There’s no denying the numbers!

]]> By: yooperamongtrolls https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-19579 Thu, 11 Dec 2014 19:19:45 +0000 http://www.youngadultmoney.com/?p=17873#comment-19579 Erin @ Journey to Saving Because of using YNAB, I discovered last night that when using our credit card to pick up a $12.71 pizza the other night, we were actually charged $14.71.  I had logged into our account when it was pending, and it was shown as $12.71, so my guess is that they added a $2.  What the heck??  I would have never noticed that prior to tracking my expenses.

]]> By: deardebt https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-19578 Thu, 11 Dec 2014 18:57:00 +0000 http://www.youngadultmoney.com/?p=17873#comment-19578 This was the first year that I’ve been diligently tracking my spending. It’s been real eye opening. While I’m frugal in nearly every aspect of my life, going out to eat is my huge Achilles heal. It’s hard to deny that when you see it on paper and see how much you are spending! I think it’s a great exercise and can help you re-frame your goals.

]]> By: Erin @ Journey to Saving https://www.youngadultmoney.com/7-reasons-why-you-should-track-your-spending/#comment-19577 Thu, 11 Dec 2014 17:52:00 +0000 http://www.youngadultmoney.com/?p=17873#comment-19577 Mark@BareBudgetGuy Yes, exactly! I didn’t start budgeting until this summer, but before that, I was still tracking my spending, and there’s definitely value in that alone.

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