I. Track your spending Include the following information in your spending log for each purchase you make:1. Day, date, and time2. Place3. Amount spent4. What you purchased5. Whether your purchase was a "want" or a "need" (Ask yourself this question: "Is this purchase something I need or is it something I would just like to have?")6. The emotions associated with the purchase (Were you happy, depressed, lonely, or bored?)During the week when you complete the log, try not to change your spending habits. Let this serve as a record of your regular spending habits