That means, for me, not only do I need to track any cash spending, I need to track all of the transactions that are going into or coming out of my checking account.įor example, if you have movement of money in 5 different places (bank account, savings account, cash spending, etc.) it all needs to be on your expense tracker. I record and track where EVERY dollar goes. You need something where you can record your data and spending transactions in an organized way. If you are only using pen and paper to track your expenses, you need the right tools and method to make sure you are not just accurately recording your spending, but the process is efficient.
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