Are You Tracking Your Personal Finance?
Tracking anything is interesting. But tracking personal finance is little bit annoying! Don’t get me wrong, when I was admitted in college I had to leave my family. After the end of the first semester I got myself on debt! Do you guess why? I never tracked my expenses that why I didn’t know where my maximum money are going, is I wasting money or not, Or where i have to control my expense.
Then I decided to discus it with my dad and he suggested me to track my finance. And first
Is Life Like Stone?
Why you Should Track?
If you are not careful about it then I can guess you may also not careful about your money! Not only you could save but also can give a nice shape of your personal finance. When you will be going to review you finance I swear you must understand more clearly where you have to put your attention, where you wasting, how much you can save, where you have to invest, etc.
So, when you will identify, it will be more easier then past to improve your finance, isn’t it?
Start to Track you Finance:
As I said earlier I was used excel spreadsheet at beginning. But it was not a flexible way, you couldn’t track your expense properly however it’s free or you can create it with MS Excel easily.
Now there are many software available for both desktop or online, although all are not free. You can wait because I am listing some popular free personal finance software with short review. And don’t think free software has less quality then paid. Do not waste money to save money.
Update: Top 6 Free Personal Finance Software
Can you share your experience with me?
Related posts:
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
[Reply]
One who does not track his finances is simply being negligent (or is just filthy rich). I can’t imagine living without tracking my expenses and cash loans. If in case I am in a hurry, I just keep the receipt so I can computer what I spent for the day.
[Reply]
This very very important and the sad truth is not enough people really track there own personal expenses. This not only needs to be taught, but needs to be practiced by many. I believe we need to start educating our youth about seriously tracking and managing your finances.
[Reply]
Nice article. Tracking IS important. People have to educated not to spend money on not so important things.
[Reply]