Reborn. By Brellias.
Hey there,
Let's talk about a personal finance habit that has drastically changed how I look at money.
I track every expense manually on the Wallet app.
That's right, as soon as I spend money, I open the Wallet app and record the transaction, properly categorised and with a note.
In the age of automation, this habit might seem tedious and outright mental, but it isn't.
Here's why:
By manually recording each expense, I'm more aware of my spending. And every time I open the Wallet app to record an expense, I see my current bank and credit card balances.
Automated trackers take away this benefit because you rarely look at your expenses or current balances.
The first step to getting a grip on your finances is to know how you spend your money each month.
So:
If you're not tracking your daily expenses or using an automated tracker, give this method a try.
You don't have to use the Wallet app. You can use a simple app like Five Cents to record your transactions.
You'll be more aware of your spending habits and keep useless expenses away with time.
Now, grab a coffee, sit tight, and enjoy this week's issue:
Book to Read
The Comfort Crisis
We've become adapted to too much comfort in our lives. Sometimes, leaving your comfort zone and plunging into the unknown can be a refreshing and rejuvenating experience.
View it on Goodreads
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