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No matter who you are (unless you’re Bill Gates…), you could probably do with saving a little more each month, right? We’ve created 3 easy and extremely handy tips to help you track just how much you’re spending each month, and how you can reduce this and ultimately save more. Read on to find out how!

Record your expenses

Figuring out how much you spend each month is the first step to saving money.

Keep track of all your expenses—that means every tea, train ticket and snack you may buy. Ideally, you want a record of every penny spent. Once you have your numbers in check, organize each section of expenditures by categories, such as petrol, groceries and insurance, and total each amount.

Make a budget

Once you have a rough idea of how much you spend each month, you can start organizing your recorded expenses into a workable budget. Your budget should outline how your expenses measure up to your income—so you can plan your spending and reduce overspending as much as possible. In addition to your usual monthly expenditure, be sure to include expenses that occur regularly but not every month, such as car maintenance.

Make saving automatic

Nearly every bank offers an option to automate transfers between your checking and savings accounts. You choose when, how much and where to transfer money to, or even split your direct deposit between your checking and savings accounts. Automated transfers are a great way to save since you don’t need to think about it and it generally reduces the temptation to spend the money!