8 Simple Ways You Can Be Smarter About Your Money

5. Analyze Your Spending Habits

A useful way to understand the flow of money in your life is to note down how much money you are spending each day. Take a good look at the amount of money you take with you when you go out every day and how much you have when you return home. Figure out how much money you spent on food, utilities, transport etc. Prioritize just one or two things that you have to spend money on, but control what you spend on other things. Do this for a month and see how much you can save. You can adjust this as your priorities change.