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Sometimes it can feel easier just to carry on with current spending habits instead of getting a real handle on where our finances stand. One of the most common financial questions people as themselves is: Where did all my money go? Most people don’t have a clear picture of where it’s all going. And sometimes, people don’t really want to know.

Unfortunately this is how some people can get into trouble. Imagine if your car was making a funny noise. You know that something is wrong, but you’re busy and don’t have time to take it in for service. Maybe if you just ignore the noise, it will go away?

It’s kind of the same thing with your finances. Instead of being in the dark, it’s better to be fully aware of your financial situation. Identify any problem areas before they become serious, and manage your money so that you can stay out of debt and save for your future. When you know how much you’re spending and where your money is going, you can make informed decisions about your finances.

That trip you were hoping to take in a few months? You may find that in order to afford it, you have to cut down on your optional expenses, or else plan it for next year. Otherwise you may find yourself coming home to debt that is hard to control or reduce.

It’s important to have a full perspective on your finances so that you can live within your means and reach your future goals. Because its only when you know where you stand, that you can move forward with confidence.