In order to save money you have to know where you are spending it. Right?
I harped on budget, budget, budget in Single Mom’s Get Ahead Guide Part I and Part III. I also harped on knowing where you spend your money in Part II. I had always used a comprehensive spreadsheet that I set up for myself until I met Mint.com just a few months ago.
I was so excited that I shared it all with you but I was only just a beginner with it myself. Now, I can truly give an educated opinion on it.
Basically, I love it. I love it for helping me track WHERE my money is going and HOW MUCH I have left in my budget in each category i.e. food, fuel…
While I haven’t use the goal setting feature, it looks pretty cool and I’ll set it up one day when I have spare time. Cough, snort.
Here is an example of how the budgeting thing works. Basically, it takes an average of your last few months (if you don’t SET a specific budget) expenses and lets you know where you are TO DATE!
All I have to say is $10 for alcohol and bars? That’s all I get? LOL
It’s worth a try right? Did I mention that it is FREE. $0. Zip. Nada. Nothing? Well, it is.
Happy knowing where your money’s going!!