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Track Your Spending

If you already have a budget or just know you need one, keeping close track of what you've spent and what you've spent it on, is half the battle.

The Australian Government's MoneySmart 'Track Your Spending' is a way to take control of your money. Knowing where your money goes can help you spend less and save more.

It needs a little bit of discipline but so does budgeting. The reward for your effort is a better understanding of your overall finances. It will help you know exactly how much you are spending and where can you set some goals or limits to ensure you are making the most of your money. This can improve your bigger picture every month.