Where has all my money gone?
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Where has all my money gone?
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Spending money has never been easier, but tracking it is crucial for your short- and long-term financial health. Frankie & Alfredo explore practical ways to determine if you're spending too much and how to build better money habits for your entire family.
- Make a plan and hold yourself accountable with budgeting
- Pay yourself first by prioritizing savings before spending
- Use mobile banking apps to categorize and visualize your spending
- Watch for red flags like inability to cover emergency expenses
- Help children track money with piggy banks before introducing digital banking
Family Challenge: Track what you're spending for a day or entire week. Identify each purchase as a want or a need, then discuss as a family where you could save more money.
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