Here’s a powerful exercise to get clarity on your finances as well as your quality of life. For at least a month, track your spending.
In a small notebook or empty checkbook register, write down every single penny you spend. Whether you pay cash, check, or credit, write down the item and the amount.
If you forget to jot some things down, don’t let that be an excuse to quit. Just start again and record each expense.
As you do this, notice what you’re buying, how you’re feeling at the moment, and any other observations you may have. Also notice how your spending patterns reflect your values and priorities. The question is, do you like what you see?