What is the best way to track expenses?

The best way to track expenses will vary from person to person based on needs, wants, debts, and income. If you're forgetful, consider a budgeting app that automates tracking so you don't have to record every purchase. If you’re comfortable with spreadsheets, consider Excel or Google Sheets. If you want a tangible record for your files, you could use a graph-paper notebook.

How often should I track expenses?

Ideally, you should track your expenses weekly, especially if you have a tight budget. Regular reviews help you monitor your progress toward financial goals and identify areas where you might need to adjust your budget.

Are expense tracking apps safe?

Expense-tracking apps are generally safe if they use strong encryption, two-factor authentication, and secure cloud storage. However, to help minimize security risks such as data breaches and unauthorized access, choose a reputable app with strong privacy policies and regularly update your password.