I. Track your spendingInclude 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.II. Analyze your spendingAfter you have completed your spending log for 1 week, review it and respond to these reflection questions:1. Do you notice any patterns to your spending behaviors? For example, do you spend more money when you are with certain people or at certain times of the day?2. What do you notice about your feelings related to spending behaviors?3. Are there any purchases that you made this week that you now regret making?4. Do your spending habits contribute to your stress? If so, how and what changes can you make to help you reduce financial stress?5. What are 2 new insights you gained from completing this