It’s that time again. I haven’t written to you in quite awhile and I have so much to catch up with you! My life has been all over the place. I’ve been trying to update you every chance I had but I guess this week is the perfect week to start. Now it’s time to get back to business of the juicy news you’ve missed in the last couple of months! Ready?? Ok here we go!
So last Monday I went to the store and bought a pair of jeans for $30.00 stopped by Chipotle and spent about $8 for a late lunch. Hmm so I spent about 38 dollars on Monday. Tuesday I brought my lunch and only bought a couple of art supplies that equaled about 15 dollars…”
Oh wait, so I’m sure you weren’t thinking of number crunching when you started reading the words “dear diary.” But to your surprise just having a diary or journal about how Jason in the second row of your class made eye contact with you for longer than 30 seconds are not the only important notes you should jot down. You should also keep track of your spending habits. Here’s three ways to easily keep track of your spending…
Day by Day- Ok, so I completely get it. I do. Remembering and tracking everything you spend is clearly not on the top of your list t to do in your fly life. But if you do it at the end of the day each day it wont seem like an extra chore thrown on your already long 2 do list. Every night before you crash, pull out your journal and just write down the day and everything you spent. By doing this it will easy to calculate your weekly and monthly spending habits!
Start it Off- Before you begin your wonderful weekly money diary, start off each week with your beginning total of what you have to spend. So if you know you just got paid from your part time job and allowance as well, write down the total of the amount you started with the day you begin to track your habits. As the week goes by and you go over what you have, meaning that you have to ask the parental or older brother or sister for a little extra cash, keep note of that. This is going to help big time when doing your budget!
Score! It’s A Goal- Once you get in the habit of tracking what you spend (I promise it won’t seem like a chore after awhile) you can begin setting goals for yourself. You’ll begin to see and notice spending patterns you have within yourself. You can slowly begin to cut back on what you notice what you spend a lot of money on. And each week you should have atleast one goal. If it’s bringing your lunch or cutting back on your destinations to not go over your gas money, it will all help at the end.
So here we go “Dear Diary….”
- C.O.R.E Family