Financial Education 101 - What They Didn't Teach You In School - Part 3

ONLY A MINORITY KEEP CLOSE TRACK OF EXPENSES/SPENDING

Financial experts generally agree that having a household budget is sound financial management. But only a minority of Americans say they keep close track of their typical monthly expenses. And although a majority of the public has at least a somewhat good idea of where their money goes each month, nearly 2 in 10, or roughly 40 million adults, keep little or no track at all.
Contrary to some stereotypes, how closely Americans manage their money does not vary by gender, age or income. Women continue to be as likely as man, younger people as likely as older people and lower income households as likely as higher-income ones to keep close track of what they spend.

See you in Part 4,

Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn