If you find yourself at the end of the month wondering where your money went, it’s time to start tracking your spending.
“Most of us are selling our time in exchange for a salary and time is something we can never get back.“Style and Savings, Interview. Conducted by Fempire Finance, March 2020
If you have never made a budget before, the first step I recommend is to track your spending for one month using the Style and Savings Spending Tracker. At the end of each day, record where you spent money, what you spent it for, and the amount. This will help you discover your spending style.
The way you spend money reflects what you value
Makeup, trendy clothes
Girls Night Out
After 30 days, you should be able to identify your spending habits.
How would you describe your spending style?
After tracking your spending, you may discover that your spending doesn’t align with what you care about. Empowered by this information, you can re-group and re-direct your money by creating a budget.
Check in soon for a new budgeting tutorial!
For questions about budgeting or the Style and Savings Spending Tracker, use the Contact Me page – I’m here to help! Let me know in the comments how you feel about your spending style or follow along on Instagram to share some of your #moneygoals