My Best Financial Advice: Consumerism Commentary

The Consumerist asked some top personal finance bloggers to give a short summary of their single best piece of financial advice. Here’s how Consumerism Commentary responded:

Wake up and start paying attention! The first step to taking responsibility for your financial condition is to figure out what’s going on with your money. Once you start tracking your income and spending whether using software designed to help you do so or just a pencil and paper, your choices, good or bad, will be presented too clearly to ignore.

For more details, see The First Step to Cleaning Up Your Finances.

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  1. Rusted says:

    Tracking a month’s expenses on a spreadsheet can be eye-opening. I cut a thousand or so right off the bat.