Are You Tracking Your Personal Finance?

by Shankor Bhawal

in Finance

Tracking anything is interesting. But tracking personal finance is a little bit annoying! Don’t get me wrong, when I was admitted in college I had to leave my family. After the end of the first semester I got myself on debt! Can you guess why? I never tracked my expenses that’s why I didn’t know where my maximum money was going, was I wasting money or not, Or where i have to control my expenses.

tracking personal finance

Tracking is Rocking!

Then I decided to discuss it with my dad and he suggested me to track my finance. And that was the first time I was started to track my finances and got result immediately. Yes, I was able to save couple of bucks. But the whole process of tracking seemed to me boring, everyday I had to entry data on an excel spreadsheet (during this time i was using an excel spreadsheet). It was really annoying to me. But when I started to use a personal finance software from then and right now I am happy. It’s rocking.

Why you Should Track?

If you are not careful about it then I can guess you may also not careful about your money! Not only you could save but also can give a nice shape of your personal finance. When you will be going to review you finance I swear you must understand more clearly where you have to put your attention, where you wasting, how much you can save, where you have to invest, etc.

So, when you will identify, it will be more easier then past to improve your finance, isn’t it?

Start to Track you Finance:

As I said earlier I was used excel spreadsheet at beginning. But it was not a flexible way, you couldn’t track your expense properly however it’s free or you can create it with MS Excel easily.

Now there are many software available for both desktop or online, although all are not free. You can wait because I am listing some popular free personal finance software with short review. And don’t think free software has less quality then paid. Do not waste money to save money.

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