Planning is one of the most important aspects as far as success is concerned. There is no way you are going to achieve your dream if you do not plan well. Many people are broke because they cannot track their expenses. You must make sure you are living below your means if you want to succeed. Here are three ways to track your daily expenses.
1. Create a separate spending account
Do not mix your funds if you want to track your expenses. Ensure you have separate bank accounts for your projects and expenses. Having a separate account will make it easy to track any coin you are going to spend in the long run.
2. Try an application
There are many applications you can use to track your spending online. These applications are easy to use and effective. Check out the various applications available online so that you do not waste your money on the wrong things.
3. Manual follow up
Do you keep a record of your expenses? The records will assist you in determining your daily expenses so that you can fully utilise your resources and avoid spending more than you have budgeted for.