Track your spending habits from "summary" of The Automatic Millionaire Workbook by David Bach
To become an Automatic Millionaire, you must pay attention to where your money is going. This means tracking your spending habits. It's easy to lose track of your expenses, especially with the convenience of credit cards and online shopping. But if you want to build wealth, you need to be aware of how you are spending your money. Tracking your spending habits can be as simple as keeping a spreadsheet or using a budgeting app. The important thing is to record every purchase you make, no matter how small. This will give you a clear picture of where your money is going each month. On...
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