How to Track Spend
While your ultimate goal is staying under budget, it's also important to see where your money is going, to cut back, where needed. Budgeting apps automate the analysis by allowing you to link all of your bank accounts and showing activity in one single view.
The overall reason behind categorizing expenses is to provide yourself with insight at the end of the month on where your money went. Some budgeters prefer more granularity than others, which requires more of a time investment to track at that higher level of detail.
Organize your expense categories by PURPOSE