30 Day Expense Tracking Analysis

30 day Expense Tracking Essay Some of the challenges that I encountered during this assignment was trying to keep track of everything being bought. I usually don't buy things but my parents do so I also had a hard time to keep up with the stuff they bought. The other thing was being tempted to buy all these things. Eventually, you forget that you are supposed to keep track but then again you have the receipt. I didn't record my transactions all the time but I did put my receipt in a safe place as well as my parents. After having a couple of receipts I just wrote them down before I forget. I was really surprised of how much all of us spend in total. I was shocked because every day we go on spending money like it's no big deal and in reality …show more content…
My parents always told me to do the right thing with money and not go crazy spending it. They told me to also save money because eventually I'm going to need it. Now I know that everything is expensive and maybe that can come back later to haunt you because you decided not to save up. I would always try my best to help out my parents with money and not be selfish because I know they go through hard times here in and here out. I believe that I spend my money well and poorly. I say this because I bought things that I needed but I also buy stuff that I really didn't need but yet somehow I still got it. I would spend money on the clothes I wanted and used the money that I saved it up for. On the other hand, I would just buy snacks like a bag of chips and soda here and there. So I would say I did well and bad. For my parents, most of the stuff they bought were groceries and clothes. Groceries was something they would sometimes get because we don't waste everything all at one time. The one thing that I did notice was that I was so tempted to buy all these things I wanted but not realize the consequences that it would bring me later on. I'm sure everyone is tempted to but their new clothes, shoes, etc. Since this I think I