Some of us track our finances and some of us do not (after all, there’s a long list of things we would probably rather do instead).
Mia Sandgren falls confidently into the first category.
Mia, who is a public servant on Larrakia Country in Darwin, says she’s lucky to be in a position where her diligently filled-out spreadsheet helps her budget for the things she loves.
National Debt Helpline coordinator Vicki Staff says tracking your spending is an essential part of being in control of your finances — and it’s even more important if you are struggling to manage essential costs.
“It’s really about getting clarity around your spending, and only then can you make some decisions,” Ms South says.
“Tracking comes first,” she says.
It might seem…