Trying to keep up with one’s finances can be a challenging task these days. Even if you are someone who sticks to a single card and account for simplicity, tracking all your expenses may still be a complicated affair. Are you on track for your savings goals? Or are you overspending on a certain area of expense in your life?
To make matters worse, we live in times where it is not just common to have multiple credit cards and bank accounts, but it is the financially savvy thing to do. I have 5 bank accounts and more than 30 credit cards, so I know.
After all, the best rewards are achieved from putting the right kind of spend on the right type of cards, and we can usually maximise our savings interest by strategically splitting them across two or more bank accounts.
The downside is that my financial matters become too tedious to track mentally, and spreadsheets are just too...