InvoiceBerry Tips for for Freelancers & Small Businesses 9 Reasons To Track Your Expenses Starting Today | Page 8

5. Prevent crises When you’ve been tracking expenses for a while, you’ll begin to find out what your problem spending areas are: • are you spending too much on food or eating out? • are you a shopoholic, and you need to find ways to stop? • manage lifestyle purchases before they become crises With consistently tracked expenses, you’ll be able to see your own problem spending areas, and you’ll be able to work on stopping them in time.