03 September 2012

How to track and control our expenses in college Part 1


Yesterday, I received a good question and I can't hold myself to give the best answer as I can! ( and end up to answer the questions in two parts of posts actually ). So the question is :


"Is it important to track and control our expenses in college? and if yes, how to do it?"


Yes! it is very important to track how we are spending our money. But before we get into the point of how to track our expense, we may want to take a moment to understand why it is important to track our expense in college.


1) Managing money in college
{image credit}

Tracking our expenses is a first little step to be able to manage our money in college. In other words, if we can't manage our expenses then we will never be able to manage our money in college. It's make sense, isn't it?



2) Have a full control of ourselves

{image credit}

Have you ever bought something at the mall and then 2 hours later you regret it? Learning how to track and control our expense will help us to have a full control of ourselves. It teach us to think before we buy something that we may regret later.



3) Controlling our finances

{image credit}

Surely, by keep in track how we are spending our money in college will teach us to spend our money more wisely then before. We will be able to control how much money we want to save and how much expenses in our budget.



4) Better future
{image credit}

Controlling our expenses is a learning process for everyone. Once we learned it, it will stay for a long time for good. The thing is, many college students start controlling their expenses after they graduate from college and face the reality that they have to start track and control their expenses. However, after we graduate from college, our responsibility grow even bigger and it will be harder to control our expense! So, deciding to track and control our expenses in college is a very wise decision :)



So, now we all know why it is important to track how we spend our money, I'll talk about how to actually track and control our expenses in college. Keeping up!


P.S : What do you think? is it important to track and control our expenses in college?


No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...