1698: 5 Reasons You Need To Track Your Spending by Chris of Keep Thrifty on Understanding Your Finances
Optimal Finance Daily - Financial Independence and Money Advice
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Tracking Your Spending Can Help You Build a Budget for Retirement
If you don't have a budget already, tracking is a great place to start. Tracking can even passively help reduce your spending by acting as a deterrent. Before jumping into our one year many retirement, we used 18 months worth of our spending data to build out an accurate miny retirement budget. Because we used actual spending data, we had a high level of confidence that we could actually meet our budget.
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