Tracking and budgeting your money is key to unlocking your financial independence. Without it, you’ll be ending up with zeros in your bank account. How can you prevent this from happening?
To prevent this from happening, you need to start tracking your money now. You need to know where every single dollar is coming from and going. To do this, I use and recommended Every Dollar.
Every Dollar Budgeting Tool
Every Dollar is a budgeting tool developed by Dave Ramsey and his team and it’s really easy to use. You can access it through your desktop or any mobile device through the app.
You’ll start off with a free 15-day trial. of the premium package. Which gives the ability to sync your bank account transactions with the app. So that you can easily add a transaction to your budget.
I use Every Dollar anytime I make a transaction. It helps keep me disciplined with my finances and I’m sure that it will help you as well.
Check it out here: https://www.everydollar.com/
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Before I started using Every Dollar
Before I started using every dollar, I was an absolute trainwreck at managing my money. I always felt the need to use any leftover money. I absolutely did not like my money sitting in my bank account doing nothing.
I would usually use any leftover money to order food, “investing” it in online poker, or spending it on various online money-making opportunities, which were poor financial decisions, based on the income I was bringing in. I was always thinking of short-term gains versus the long term. I would have my own car by now if I had budgeted correctly. But that is a story for another time.
Who should use Every Dollar?
This tool is useful for anybody interested in working on their financial discipline. But I think this should be a required tool for students. Especially high school students — the earlier you start the better.
Question: Have you tried Every Dollar yet? What are you using to track your finances? ]]>