There are quite a few people – friends and clients alike – I speak to who do not have an idea of how much they are spending, which translates into not knowing how much of their paycheques they are left with at the end of each month. With cash flow the basis of financial planning, such information is valuable in order for a proper financial plan or portfolio to be set up. Even during my days as a National Serviceman I have been logging my expenses into my then non-camera smartphone. I believe that it was an important factor how I managed to finish my two-year National Service with more money than I had first entered the army despite a sub-$500 per month allowance. Now, with smartphones – especially the iPhone – ubiquitous, it is even easier to record one’s expenses on the go. ExpenseTracker – Spending for iPhone is ......