Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Tracking expenses refers to the process of recording and monitoring all the money you spend on a daily, weekly, or monthly basis. This includes both fixed expenses, such as rent or utilities, and variable expenses, such as groceries or entertainment.
Tracking expenses is important because it helps you gain a better understanding of your spending habits and where your money is going. This can help you identify areas where you can cut back and save money, as well as make more informed financial decisions.
There are many ways to track your expenses, including using a budgeting app or software, creating a spreadsheet, or simply writing them down in a notebook. Choose a method that works best for you and make sure to consistently track your expenses.
There are several benefits to tracking expenses, including improved financial awareness, better budgeting and money management, and the ability to identify areas where you can save money. It can also help you stay on track with your financial goals and make more informed spending decisions.
It's recommended to track your expenses at least once a week, if not daily. This will help you stay on top of your spending and make any necessary adjustments to your budget. However, if you have a tendency to overspend, tracking your expenses daily may be more beneficial.