Saturday, September 23, 2017

Managing Your Money (3)

Step 2 in financial planning: KNOW WHERE YOUR MONEY GOES

          It is possible to gain control of your financial situation, but first you must recognize where your money goes. Noting down your spending over a period of time (e.g. 8 weeks). Your aim is not to cut your spending but just to note where you have spent your money.

          If you have no idea on how to noting down the spending, you may download some excel spreadsheet for tracking purpose. There are several source to download for free online. Choose the one you are comfortable with.


Some FREE download source:
1. From "Smart About Money"
2. From "Business Insider"

          You may find many more online. You may use free / paid smart phone apps such as Money ManagerMonefyWallet and etc.

          If you know excel and feel more comfortable to have your own excel spreadsheet, you may refer to this site for the step-by-step way to create it on your own.


CONTACT ME NOW: 016-6825195


Source: Malaysia Banking Info

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