Track your spending - budgeting

Mentimeter Question

https://www.menti.com/alohp2v13yqh

First steps to acheiving Financial Independence

1. Understand how much you make and how much you spend

2. Understand where you spend your money

   • Everyone has different styles or preferences (more or less granularity)

   • Setup categories that work for you

     • housing/rent

     • healthcare

     • daycare/school

     • food

     • transportation

     • utilities

     • vacation

     • giving

     • entertainment

   • Automate tracking

   • Track your spending

Tools

• YNAB & MINT

• Excel

• Quicken

• Bank apps

---

YNAB Income vs Expense Report

---

YNAB Spending Report