HOW TO MONITOR YOUR BUDGET AND KEEP AN EYE ON YOUR MONEY

in #saving7 years ago

Well, budget tracking is very important for financial growth.

Not everyone can do it, and not everyone knows they have to do it. It might be one of the biggest problems a family needs to tackle, from a financial stand point.

I use an online tool to do it. It's called Mint (From Intuit - if you ever filed you taxes with them - I hadn't)

At first I was a bit scared to login to all my online banking accounts, but their security method of not storing the password itself put me at ease.

Now, I have all my accounts, incoming paycheck, loans, credit cards in one place. A one stop shop, and I make sure I go there at least once a day, to confirm everything is just as I expect, that bills are paid on due - or before, and that no strange transactions appear.

If you have as many credit cards as I do, it's hard to monitor them all in different financial institutions, with different websites, and if I want to add my spouse's credit cards, the trouble becomes double.

My recommendation: Give it a try, you might love it like I do.

mintlogo_link_presspg.png

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Indeed budgeting is difficult but if we are going to change our mind set, things would be easy.

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