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Why you need to record financial transactions
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[QUOTE="Abigael, post: 287409, member: 25357"] Having a record for your financial transactions is great for sure. It keeps you accountable for your money spending so that you can always make changes for when you are not spending well. When it comes to stopping overspending, awareness is the first step to resolution. So when you have a record of how you have been overspending, it is easier for you to accept it and start working towards spending less. Such records also aid your future budgeting. It is through going through your record that you will know what you need to spend on and how much. So you create a budget that is equivalent to how much you actually need. Record keeping also lets you know when you are spending less and need to increase your income levels. If you notice that everytime you spend you don't get anything to save or invest, it only means that you need to start earning more. [/QUOTE]
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Why you need to record financial transactions
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