Four Numbers You Need to Start Tracking Today | HDM 402
If you have a budget, I’m sure you know why keeping track of your expenses is important. What you probably don’t know is that daily ins and outs are not the only numbers worth tracking. In fact, if you want to truly stay on top of your finances there are four numbers you should keep an eye on. In this episode, I’ll share what these numbers are, how to keep up with them, and why tracking them will make a difference in the long run.
Keeping track of your expenses is an essential part of budgeting: there’s just no way around it. However, I get why you might find this whole expense tracking thing a little bit tedious (or just plain boring!), especially if you are new-ish to budgeting and you’re still working on creating a system that works for you.
If that sounds all too familiar, this week’s episode might be just what you need. Today, we’ll start with a quick review of the basics of expense tracking (a lil’ refresher is always welcome!) and why it’s important to keep up with those numbers. Then, we’ll move on to the nitty-gritty of this week’s topic: four not-so-common numbers that you should keep in mind when evaluating your finances.
Most people don’t usually see big, drastic changes in these numbers month over month, but that doesn’t make them less important. Keeping a close eye on them will not only give you valuable info on your current financial situation, it will also help you find all sorts of growth opportunities.
What you’ll learn about in today’s episode:
- Why expense tracking doesn’t have to be tedious.
- 3 expense types to keep up with (and why they matter).
- 4 numbers that are not that common, but are worth keeping in your tracker.
You can also watch on YouTube!
Resources from this episode:
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Related Her Dinero Matters episodes you may enjoy:
- #251 – How to Change Your Love-Hate Relationship With Money
- #31 – A Budgeting Journey with Jacey Verdicchio
- #362 – Confident Choices for Lasting Financial Stability
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The post, Four Numbers You Need to Start Tracking Today | HDM 402 appeared first on the Her Dinero Matters Podcast.
