Tracking expenses is the first stepstone to budgeting, building wealth, and all other fancy financial applications. But for some reason, it is not an easy transition.
I clearly remember my frustration about 3 months after I started to track my expenses. I was staring at the computer monitor on the neat rows of numbers. The number themselves don’t tell me what to do, where to move. Do I save enough? How can I see the progress? What do I need to work on in terms of money behavior?
In this post, I provide the strategy I eventually follow. It was not a straight path, and I had a lot of tries and fails, but looking back, here is what I would have suggested myself in the very beginning.
Continue reading “I’m tracking expenses… now what? Step by step plan to optimize spending”
Katty's Wallet 