A better tip is to just maintain and monitor your finances on a regular basis. At least once a month sit down and quickly review all your income and expenses. Then at least two or three times a year do full detailed review just so you know where your money came from and went and when it all happened.
I wish I knew this earlier in life.
Think about it, what did you spend your money on two weeks ago? A month? How much did you make in the past month? What did you spend your money on?
Sure many people can give an estimate off the top of their head but it makes a big difference if you can see it all written out and documented in front of you.
A better tip is to just maintain and monitor your finances on a regular basis. At least once a month sit down and quickly review all your income and expenses. Then at least two or three times a year do full detailed review just so you know where your money came from and went and when it all happened.
I wish I knew this earlier in life.
Think about it, what did you spend your money on two weeks ago? A month? How much did you make in the past month? What did you spend your money on?
Sure many people can give an estimate off the top of their head but it makes a big difference if you can see it all written out and documented in front of you.