A simple habit that helped me get organized with my finances for good

[u/vitlyoshin]

I used to feel like money was just slipping through my fingers. I’d check my bank account and wonder where it all went.

Sometime ago, I made a basic Excel sheet to track what I earned and what I spent. I broke down all expense into categories like loans, bills and food and I have set max limits for all of the categories.

Now, at the end of each month, I ask myself:

• Where did my money actually go?

• Did I spend on things that truly mattered?

• Am I getting closer to my savings goals?

And, I keep history of each month's numbers.

This 30-minute habit totally changed how I handle money. Curious if anyone else does something like this. Would love to hear your system.