Your Spending Diary

Step 1:  Your Spending Diary   What is a Spending Diary? A Spending Diary is a list of your spending over a short period of time. For example: One Week. Once you know how you spend your money you will be ready to work out Step 2: Your Budget      Your Spending Diary Keep all your receipts and fill in your Diary on a daily basis.  Get the whole family involved, children too, it's important to teach them the value of money.  Then together go through each other's Spending Diary to see where savings can be made. Even reducing the small items can make big savings in the long run.   Remember: It's important that you list everything in Your Spending Diary including your daily lunch, daily newspapers, pocket money to children etc.    Download your own Spending Diary             Source: www.mabs.ie   MABS (Money Advice and Budgeting Service) provide a very good Spending Diary. To download MABS Spending Diary Click Here     If you experience problems downloading the Spending Diary visit MABS website here  Tip: When you have finished using the Spending Diary and wish to return to this Workout, hit the Backward Key beside the http web address at the very top of the Spending Diary's page.