Tue, 21 May 2013
Regardless of what your big dream may be, there is a very good chance you will need to save some money to make it a reality. As we talk about in our book, Dream Save Do: An Action Plan for Dreamers, (you have picked up a copy already, right?) the first step in saving for your target is getting control of your current spending.
Betsy and I dive into the steps you can take to identify where to cut back on your spending as well as share a bit of our story and how we approached the tracking of expenses when we first started to save to live our dream. It does require you to make choices, but when you commit to a dream the choices become that much easier.
In addition we are pleased to be joined by Simon Fairbairn, the developer of Trail Wallet, an iPhone application designed to help you track all your expenses at the moment you are paying. Simon discusses his experience of tracking expenses and shares with us the background to creating this application. Simon and his partner, Erin, also run the extremely enlightening travel website, Never Ending Voyage.
Direct download: Podcast_11_-_Tracking_Your_Spending_Simon_Fairbairn.mp3
Category:Personal Finance -- posted at: 5:00am EST