Tuesday, May 17, 2011

30 Day Challenge for May

I was on a holiday during the month of March and April and hence did not really attempt a 30 day challenge because I knew it would be a disaster. Now that I have returned, I have decided to do my next challenge for the month of May.

My 30 day challenge for May is to "track and keep my finances in order". I intend to note down my daily expenses, tabulate it and keep a record of it for the next 30 days. With this I hope to get an overview of all my expenses and see if there is any particular area that needs looking into. I've been trying to do this task for quite a while but I didn't really focus on it. But now I am determined to do it as a challenge. Of course, having an iPhone does help an awful lot. I am using the Money Journal v1.4 (Lite) app to help me record my daily expenses.

Even though this post is dated 17 May 2011, I have already begun this challenge since the 1st of May. I shall report on my progress within a fortnight.