1. What daily spending items are amounts that might be reduced or eliminated to allow for higher savings amounts?“USING THE DAILY SPENDING DIARY HAS HELPED ME CONTROL IMPULSE BUYING. WHEN I HAVE TO WRITE DOWN EVERY AMOUNT, I’M MORE CAREFUL WITH MY SPENDING. I CAN NOW PUT MORE IN SAVINGS.”

Directions Start (or continue) your Daily Spending Diary or use your own format to record and monitor spending in various categories. Most people who have participated in this activity have found it beneficial for monitoring and controlling their spending habits. The Daily Spending Diary sheets are located in Appendix D at the end of the book and in Connect Finance.