Monday, July 21, 2008

Pile of Receipts

Doing accounts is really a pain, but I've realized that we have to do our accounts to keep track of our financial status. Doing so helps us to view our spending habits, and as well to budget our finances to achieve our goals.

It's easy to at least keep your receipts each day and spend 15 minutes updating your financial software like Microsoft Money or Quicken than to wait for a week or longer.

Trying to enter it all in once a month is just too much. Even after 3 days, we can tend to forget what sort of things we paid for, a burger here, a snack there. If we don't get a receipt, quickly jot it down on the back of another receipt or of a scrap of paper.

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