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|Tracking Elusive Prey: Pesky, Petty Purchases|
Face it most of us don’t know where our money is going. The simplest and easiest way to get a handle on what is happening each month is to track those daily, pesky purchases. Many of the clients that I have coached over the past three years found this exercise the most difficult! Why? Because they expected this daily drill of tracking to be difficult. Trust me, people, this doesn’t have to be challenging. This isn’t like tracking a buffalo across the plains before you get dinner. This is just tracking the money that leaves your possession. Here are a few pointers that I have learned to make it easy.
The quickest way to save money and lower your expenses is to know where your money is going. By having that information at hand, you can see the spending patterns of your life. How your spending is determined by your emotional state will also become clear to you. You will then be able to avoid or delay your impulse purchases or angry buying sprees because you have hunted down those elusive expenses and you are now purchasing items that are in line with your goals and reflect what you find most important in life.