Understanding spending is important to understanding your overall financial situation, and to effective financial planning.  I sometimes say to people that I can crunch numbers all day long, but it won’t be meaningful unless it’s grounded in how you live.  When people start to keep track of their spending, there are invariably surprises, and I often hear “I can’t believe I spend so much on x, y, or z”.  Understanding provides a basis to make mindful decisions about spending, and coordinating spending priorities with financial goals can help get you on track to meet your goals.  Very often, even modest adjustments to spending can make a big difference in achieving financial goals.

I encourage everyone to take a look at the content below, and start taking steps to get on a good financial track for your situation…and to stay on track if you are already headed in the right direction.

Note that planning tips and other info are now posted on my website, https://truenorthfinancialplanning.com/, under Resources/Blog.  Feel free to check it out.