What is the first step toward determining how much you can save?
put 15% of your income into savings
stop all spending for one month
track your expenses for a set period of time
use your debit card for all purchases
1 answer
The first step toward determining how much you can save is to track your expenses for a set period of time. By doing this, you will be able to see where your money is going and identify areas where you can potentially cut back in order to save more.