There's all kinds of good software, both free and inexpensive, that can help you with this. I chose one that lets me look at my retirement portfolio as well as my bank balances and credit cards, automatically downloading and categorizing that information for me whenever I do my bills. The process is a lot like food tracking: realizing where your money goes can be a big eye-opener, and while it seems hard at first, eventually this becomes a great tool for getting your finances on a healthy path. The approach is important even if you do not have money worries!
- 7/31/2008 11:10:57 AM