Using a finance tracker is helps you sort out mandatory expenses and discretionary expenses.  You will want to determine the areas that can be eliminated to create a greater cash flow.  Developing new strategies and alternatives to resist the urge to overspend will also be a priority when you work through your Finance Tracker.

The main objective here is to trim down any costly expenses that make your budget too fat and over weighted.  Use the Finance Tracker with your Cash Tracker to create a tight, lean and portion-controlled budget.

Christine’s Tip:

Creating a new budget is not easy.  It is best to work on your Trackers with your partner, spouse or roommate.  Having someone else to be accountable to, will help keep you on track.  Once you start planning and tacking your expenditures, you will move from powerless to powerful.  Don’t be a victim of your own unwillingness to make changes for the better.  You can do it.

You can find an example of a FINANCE TRACKER in my book: How to Retire Debt Free & Wealthy.