Keep a Diary and Save Money!

15 August 2011 - Which Way to Pay

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Keep a Diary and Save Money!

If you are trying to save money, it can be difficult to know where to start. With the cost of living on the up, and everything from bread to fuel costing the earth, it is difficult to save money. Our busy lifestyles and a culture of convenience also make it hard to save, as we simply donít have time to choose the cheaper but more time-consuming options.

A great place to start is to keep a diary for a month or two of everything you spend. If you record each dollar you spend, you will quickly collect enough information on your spending habits to identify your financial weaknesses. We all spend money on things we donít have to, whether itís the coffee you buy on the way to work every morning, or the regular and expensive restaurant bills. Itís time to be sensible and tighten our proverbial belts!

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