Just a suggestion. Save every receipt starting on the first of each month and for the entire month. Put them in a basket or in a drawer or something all together. At the end of the month sit down at a table with a pad of paper and all the receipts and copy the date, the place the receipt is from, and the amount spent. If you spend money at the same places a lot , group them all together. If you do this you will see where all your money for the month goes. You’ll have a record of your spending.You can see if you are wasting money on something and it will help you on the next step, which is budgeting. It’s actually a lot simpler than it sounds.
Thanks for the tip Nick!
Thanks for this… I’ve been trying to adopt your suggestion and learn how to do this on my own.
Your right… I have to know how much I have coming in and going out before I know what my budget is for certain things. I think I was putting the cart before the horse on this one.
This works great. I’ve been doing it for years, but with an Excel spreadsheet. I have a spreadsheet for every month, and it tells me how much I’ve spent and what my projected budget is for each area (utilities, health, food, etc).
So I can look at December and see how much I’m going to spend on food. It’s pretty neat!
The Avon catalogue had a ceramic jar that had the word “Receipts” on the front. The price was $12.99. .