Recently I have started using this money tracking app
Reasons why I need a money tracking app
- I am a spendthrift
- I am an emotional spender
- I am unaware of my spending
- I did not have a proper income tracking
I realised that my finances have been improving since I started using a money tracker app. As I mention in my above reason ,80 % of the time I am someone who just buy things that I like as Long as my bank account have money for me to spend .
Just like most of the people , I went on holiday twice a year , I don’t buy branded bags and I spend my money on beauty products and clothing etc.
I am always unaware of what I am spending , I just spend emotionally .
Until I started using a money tracker app . This really change how I manage my finances . Ever since I started using this, I manage my finances better now . I am aware of every penny that I spend on . I am very careful of what I am spending on. No more impulse buying
I am conscious of my spending
Although Money tracking will take some time to get use to the trouble of entering every penny that you spend .
Trust me , at the end of every month , you will not ask yourself this question :
” WHERE DID I SPEND MY MONEY ? “
Just my 2 cents on how I take this small little step to improve on my finances .