Do you keep record of your expenses?

I'm not as detailed but I do keep track of a majority of my spendings every month. I always make sure that I cover all of my bills since those are the most important things. I usually don't keep track of the smaller spendings but I'm starting to think that I ought to since they do kind of add up in a month timespan and it would be nice to know how much I'm actually spending on the little things.

Well, somehow i keep track on my daily expenses to maintain my budget for atleast 2 weeks before my next salary arrives. it is very difficult if i just do not mind my financial budget and just spend spend and spend.

Hi, I use to keep the receipts of my expenses from day to day transactions.It helps to manage one's cash and make a proper planning for next days.

I do to a certain extent as I use Quickbooks so that I can show totals of business expenses and earnings. I also track monthly bills. Things I pay with cash I do not though. Great that you are organized as it comes in handy when lets say a company says you did not pay this way you have a systematic record.

Keeping record of expenses will definetely useful for curtaiment of wasteful expenditure and increase our savings.

Great discussion.Really appreciate your values. I am also having the same kind of habit.But i am using simple excel format for tracking the expenses for every month.I am having this habit for past 3 years. Its a good habit of tracking our expenses, it is very useful for the future.I recommend everone to have this habit. Money is not coming easily, so why we are lazy in tracking the expenses.It will take a min only.We are spending lot of time to earn.Why can't we spend 1 min in record our expense.

I don't actually keep track of my expenses. It would probably be a good idea for my husband and me to do this, or at least, for me to do it for myself, but at the same time, it's not necessarily something that I want to do. Maybe someday I might want to, or feel the need to do this, but for the moment, I don't really have the time, or anything like that.

I won't keep track of records. However, I will plan how to spend the amount. However, I would love to manage the money by keeping record of my expenses. Hopefully, I would do so in future.

I don't keep a detailed record but I have not got a lot of online money sites that I use. I only use three or four. I keep up with them pretty good. I have thought about an excel sheet before just to keep things organized. I'm just afraid that I will not keep it updated with my busy lifestyle. Maybe I will try to start something like that this summer when things slow down a bit for me. It can be very important for budgeting..especially if you have several sources of income.

I sometimes do keep records of my earnings and expenses when I'm not that busy and only at a time when I want to hit a target of a particular amount I want to save up. But when I'm busy, I don't do it. I only make a list on a tiny notebook but not as detailed as what you have. It's more of an estimate.

I do keep track of our expenses. Somehow you know where your money is going. At least you get to allocate your money to things that are essential like paying your monthly bills or buying food. You get to prioritize your needs first before you get to spend your money with your wants. Some people tend to splurge on their wants after receiving their salaries. And soon enough they would have problems with their needs, so they resort to getting into debts or maxing out their credit cards. Tracking your expenses somehow gives you an overview of what your current financial status is.

I don't have that much expenses. However, I still keep records of my income minus detailed expenses. It is helpful in a way that I can keep track of what things to spend less and save more.

Great, your records are well managed. I am so lazy of collect and organizing my bills, receipts etc. That's why I always seems to lost them. Especially those litle notes that came from the ATM machine, even though I've tried to collect every piece of them, the ink will disappear and leave only a blank note, lol. Yes I should try to keep my records in more adequate way. Thanks for inspire me, hope I'll finally do it.

i don't keep track of my money but i definitely should. it would let me know how much needless money i am spending and help me to save that money. but i'm not spending a lot right now so i don't need to worry about it just yet.

I do keep a small notebook to track my expenses. This has become a habit for since I started earning my own money. I had to learn how to stretch my small salary back then since I was the only one earning for my family that time. I still keep track of my expenses today because in this way I know if I have spent something foolishly or not.

Keeping track / record of expenses and income is a good habbit. We must have some kind of budget allocated for our daily expenses and side by side expenses. We must also contribute a part of our income towards savings for future. Keeping track of expenditure in form of some notes or database makes us aware of the fact that on which head we are expensing the most and on which head we can control our expenses. But this should be kept in mind that keeping track / record of expenses is different and becoming miser is totally different. We must have track of our expenses but it should not lead towards misery.

What I do most for me to track my expenses is I do a list of all of my expense everyday for me to track my finances and expense.

It is always best to be organized, though I believe that we could not control most of our actions. But yes, recording and monitoring our expenses, both source of income and where we spent it, would be a great help for us to learn to budget. We could learn to prioritize things we really need or want.

i am some product to market price low but i am try expenses to allseller to about to price very high but i am says this prices to down price to market price to vallue about mrp Rs 50 please expenses to Rs 20 to price i am credited to me.

yes , i do keep a record of the money i spent , every penny i spent. but i only do that before i sleep , i cant sleep if there is a single penny missing , i dont know why but it became my habit . i must a a good one. but sometimes my friends always ask me , why do i do that for? their reason is money just come and go eventually. but for me keeping a record is important.