Always know where your money goes

[Nite]

This means accurately tracking all income and expenses, monitoring cash flow, and maintaining detailed financial records.

 

[Stardom22]

A successful businessman would really be very accountable in every cent for the business for sure.

 

[Starmix]

We have to tract our expenditures so that we can adjust next time if sensed that you're overspending.

 

[Nite]

We have to tract our expenditures so that we can adjust next time if sensed that you're overspending.

I agree. tracking our expenditures is an important tool for maintaining financial stability and security.

 

[eldavis]

We have to tract our expenditures so that we can adjust next time if sensed that you're overspending.

That's one of the benefits of tracking how we spend, this would help us determine if we are overspending or not.

 

[Starmix]

That's one of the benefits of tracking how we spend, this would help us determine if we are overspending or not.

That is right though there are times that I do not care how much I spend, but it happens only rarely.

 

[eldavis]

That is right though there are times that I do not care how much I spend, but it happens only rarely.

Yes I have moments like that, I just go out there and do whatever I need to do without any proper records.

 

[Springtime]

Every business should have someone responsible to do book-keeping. That is, keeping track of the income and expenses of the business. Based on the data, you work out financial statements.

 

[cherry123]

Yeah it is very important to know how you spend your money especially now that inflation is over the top for most countries

 

[Starmix]

Yes I have moments like that, I just go out there and do whatever I need to do without any proper records.

It's enjoyable too buying things instantly not part of the budget. But we know well our limitations.