Financial Conversation Podcast

If you're just getting started on your financial journey, you may think that creating a budget is the first step you should. However, the three of us truly believe that tracking your spending is actually the first step. The truth is, you can't create a realistic budget that you can stick to if you don't know your numbers. In fact, all of us started with tracking our spending before we ever attempted to create our first budget. This week on the podcast we're talking about how and why to start tracking your spending. Read on for more about why it's important to track your spending and the show notes from this week's episode. Why You Should be Tracking Your Spending As mentioned, tracking your spending should be the first step you take to get your finances in order. It should be done before you ever even start with budgeting. Why? Because most of us don't actually know where our money is going! So, how can you expect to create a budget and spending goals for different categories if you don't know what you've bee