Do you spend too much? If so, you’re not alone. Almost half of Americans are currently spending all of – or more than – what they earn. It’s easy to do if your wages are low, and even if they’re not, the world is full of temptations. While some people are able to will themselves to spend less, this approach doesn’t work for everyone. If you’ve been struggling to change your habits, then what can you do? How can you put yourself back in control?
Analyze your spending
The first thing that you need to do is work out what you’re spending money on. Keep a spending diary for a month and note down every little thing, because the cents matter as much as the dollars. When you’ve written it down, you might be surprised by what it looks like. Often, overspending happens in little ways – it’s easy to … Read the rest