Simply setting spending limits in a variety of budget categories doesn’t really give you the complete picture. There are likely categories where you may be needing to cut back, trim or reallocate but you won’t know that’s the case unless you track your expenses.
DO THIS TODAY: Open up a note in your phone or grab a piece of paper and commit to track your purchases for one week. Each time you spend money, write down the amount and what you bought. Review the week’s spending and see if there were categories that need adjusting.
