I have been tracking my expenses daily for the past few years using an app called expenses manager. But… just recently, I stopped tracking once and for all. After a few years of tracking, it has more or less become a habit and it has enabled me to restrict my expenses and save up well for my future. Now the question comes… if its good, why stop tracking?
There are a few reasons and I will list them all out in this article. It doesn’t mean I give up managing my money from now onwards. It just means I have come to another stage where I do not need to track as rigorously as how I used to. I will also share what I will do moving forward.
Reason 1: Tracking expenses daily restricts my spending
Yes, its good to reduce and restrict spending so we can have more for …