the basics
Everyone should have a means to track what they are spending, even those with seemingly inexhaustible funds. A reason ? Ask anyone who has experienced a divorce or a sudden job loss, or supported a family member in need of help. They will tell you that knowing where you stand is the first step toward handling a reversal of fortune. (Step two is understanding your financial position, but that is another blog.)There are many systems to track spending, from mobile phone apps that scan your purchases to throwing paper receipts into an envelope to add up at the end of the month. The important thing is to find one that you will use. ♥ "...so you bought the sweater and are living on nuts and chocolate from the snack closet at work..."