Track Your Spending
To begin journaling, first list how you paid for the item and then list what was purchased. You can find sample codes below which may be helpful when journaling your expenses. You can also feel free to create whatever codes work for you.
Method of Payment
Record your method of payment, for example Cash or Check
Record a description of the expense, for example:
After your start journaling, you can track timeframes of your spending. You can track daily spending, as well as weekly and monthly spending. Every total will help you get a better picture of the money you have and spend.
Add your daily expenses and record the total amount for each day. You can find samples of daily spending as well as helpful codes on the following page.
Add your daily totals for the week and record that figure in the Weekly Summary box at the bottom of that week’s journal. Include your spouse or partner’s figures if applicable.
Add your daily totals for the month and record the figure on the respective Monthly Budget Summary located at the back of this journal.
How Well Did You Do? After you’ve completed a week or even a month, you'll start to see how you’re spending. The difference between your Daily Disposable Income goal and your actual average daily spending will show if you are staying on track. Were you surprised at how much you spent? Were there places you could cut back? Were you able to stay under your daily goal?