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A way to track your spending

§ January 27th, 2010 § Filed under Budgeting, Getting Started § Tagged , § 1 Comment

Many people have a small book in their car or purse and they jot down smaller expenses to keep track of them. I applaud these folks but, for some, this is not workable.

A few days ago, I heard of another method - use your kitchen or office calendar to mark down expenses as they happen - coffee runs, clothing, movie rentals, take-out food.  This way, not only can you see how much spending you are doing but you can also see when it is happening.  You can get a good snapshot of the month and how much is going down the drain.