Have you ever wondered where all your money went? Chances are, you’re spending more money than you realize. Lots of small purchases add up fast. That’s why today’s challenge is so important and so helpful. Tracking your expenses means to keep a log of everything you spend money on. Tracking often uncovers spending surprises. If you buy a cup of coffee or a candy bar a few times a week, you might be spending more money over the course of the month than you think! Give it a shot! Track your expenses for a day, a week, or even a month and uncover those surprise expenses.
Tracking often prompts a desire to cut spending. The Believe in Your Future website offers some great resources and strategies for cutting spending or decreasing expenses. Check them out here!
Get started with tracking your expenses and share your reaction on the daily poll at Imagine a Happier You to be entered to win one of these fabulous prizes:
- $500 Utah Educational Savings Plan Scholarship courtesy of Senator Pat Jones
- $200 Savings Account courtesy of Zions Bank
- $150 Utah State Aggie Cheese & Ice Cream Gift Basket courtesy of USU Extension
- $100 Savings Bond courtesy of Junior Achievement of Utah
- $100 Utah Educational Savings Plan Scholarship (5 available)
- $100 Temple Square Hospitality Gift Card (3 available)
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