Do you feel like your income is just enough, and there's nothing left over for savings? Or perhaps you have the good intention to save money, but before you know it's the end of the month and you've spent more money than you thought you would.
This happens to many people, so how can you take control of your spending? Here are four tips that can help you be more mindful of how you spend your money and break your overspending habit.
START TRACKING YOUR SPENDING
Are you really overspending, and what are you overspending on? To answer these questions, we recommend you start tracking your expenses.
You may think it's a tedious exercise, but with so many budget tracking apps available, it's really as easy as taking a few seconds after you've made a payment to input the expense in your chosen app.
This can be an easy habit to develop as we're usually on our phones anyway, and some people even use contactless payment systems via smartphones. Just add on that extra step of using a budget tracking app!