Most people think they have a “general idea” of where their money goes. But when I ask clients to track their spending, they’re almost always shocked by what they find.
The truth is, if you’re not tracking your spending and net worth, you’re flying blind. You have no way of knowing where your money is really going, what’s helping you build wealth, and what’s quietly draining your financial future.
Why Tracking Matters
- Awareness Leads to Control – You can’t improve what you don’t measure. Tracking spending reveals patterns, wasteful habits, and areas where small changes can lead to big results.
- Net Worth is Your Scorecard – Your income doesn’t determine your financial success—your net worth does. Watching it grow (or stall) helps you stay focused on the big picture.
- It Prevents Lifestyle Creep – Without tracking, it’s easy for expenses to rise with income. Before you know it, you’re making six figures but feeling just as broke as before.
- It Eliminates Financial Anxiety – Most money stress comes from the unknown. When you have clarity, you gain confidence.
How to Get Started
- Use a simple spreadsheet or an app like Monarch, Rocket Money, Simple Budget, EveryDollar, etc. The list goes on and on.4
- Track every dollar - awareness alone will change your behavior.
- Update your net worth (or check it) monthly. Progress is a great motivator.
Need Help Taking Control?
Knowing how to track your money and actually doing it are two different things. If you're serious about mastering your finances, I can help. My coaching program is designed to take you from feeling lost to confidently building wealth. You don't have to figure it out on your own...
Book a free call with me today to see how we can transform your financial future.
