Day 1: Track Your Spending – Start by understanding where your money is going. Tracking your expenses helps you identify areas where you can cut back and save more.
More insight on tracking your spending
Choose a method that works best for you and one that you will likely stick to, as there are many ways to track your spending, from traditional pen-and-paper methods to using budgeting apps or spreadsheets.
By dividing your expenses into categories such as transportation, housing, groceries, utilities, entertainment and savings, it will help you understand where you money is going and identify areas where you may need to cut out or cut back.
Always be consistent and have a financial plan