May Tips: Organize Into Categories

As you’re reviewing your finances and have gathered everything together that you need to take an overhead view of your money life, work to start categorizing your income and expenditures. When you can organize each section into categories it becomes far easier to see where you’re making and spending your money. Create a pile of bills for groceries, one for your cell phone, home office if you have one, restaurants, travel and any other activities – make separate spread sheet columns if you’re doing it all digitally.