May 17, 2017
Last week I introduced the nine areas of your finances that we’re going to delving into for our Personal Finance Audit. The idea is that over time, some things get neglected and left to run, and sometimes it’s good to take a fresh, detailed look at these ares to make sure they’re still in good shape in helping you move towards your aims. Today I want to take a look at the absolutely fundamental area of spending…
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Audit Your Spending
I’ve often said that financial planning is essentially about income and outgoings. If you’re building wealth, you need to have some excess income so you can save and invest that over time. If you’re retired and enjoying your money, then your spending rate will be a key determinant as to whether or not you run out of money one day. So no matter what stage of life you’re at, keeping some kind of rein on your spending is important.
As we go through this season, I want to keep the stuff you need to KNOW fairly short, and go long on the practical, what you need to DO stuff.
Resources
Here's the cheatsheet I've put together to summarise the
things I talk about in this session: 
Budgeting Tools: YNAB, Spending Tracker for iOS, Spending Tracker for Android, Fudget for iOS, Fudget for Android
Podcasts: Session 3 - How To Budget Session 207 - Enough with Paul Armson Season 5, Episode 6 - Investing in Retirement, with Abraham Okusanya Session 157 - Making More Money, with Chris Marr Money To The Masses
Websites: I Will Teach You To Be Rich, savings article Meaningful University - Budgeting course launching soon! Envision Your Money
New style bank: Monzo
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