April is Financial Literacy Month and to celebrate, we are creating content everyday people can use to grow their money. This week, we focus on discussing daily finance habits you can do to improve your funds.

  • Track Your Spending

It’s difficult to know how much you should be spending if you have no idea what you are spending each month. Get in the habit of tracking your spending so you can see where you tend to bleed money. When you write down your expenditures, you’re holding yourself accountable for your spending habits. It’s easy to do whether you keep a little notebook or track it with an app like Albert.

There are many ways to track your spending that don’t take too much time out of your day. Remember to track little purchases, like your daily coffee or a pack of gum. These little daily expenses usually eat up a lot of your money.

  • Live Within Your Means

In today’s world, it is so easy to spend more than you make. Budgeting is super important when it comes to finances. Be honest about what you spend and how much you take in, and create a budgeting plan that sets money aside for emergencies and pays more than the minimum balance off your debt. Figure out what you can afford to spend in a day on discretionary items and try to stick to it.

Finding expenses you can live without is key. Are you eating out too much? How many subscription services are you paying for? Put all unnecessary spending on the chopping block.

  • Save Your Pennies

It may not seem like much at the time, but saving in small increments really adds up quickly. Set aside a small amount each pay period for savings. Any extra money you have at the end of the week should go towards debt first, then into savings.

If you have trouble finding the time to save, an app like Digit links with your bank and takes out small amounts of money each week and puts it into savings. These apps make saving money easy and less time consuming. Plus, you can access your money quickly in the event of an emergency, but not so quickly that you’re tempted to spend it on a whim.

  • Plan For Emergencies

Emergencies happen and if you aren’t prepared, it will usually cost you more. Having emergency savings or insurance for when they occur can save you a lot of money in the long run. You can buy insurance for anything from your life or car or even your pet.

Investing in insurance is a great way to be prepared for almost any uncertainty that may come up. Having an emergency savings account will also help for the smaller emergencies most people use their credit cards for.

  • Invest In Your Future

For many, the first thing they think of when they think of investing money is that it is confusing and expensive. This is just not true. There are many new apps out there that make investing simple and easy to afford.

Just like a savings account, putting away a little money each day towards growing your investments adds up big over time.


Your finances are not something you should look at with dread. Keep these simple daily finance tasks in mind and you will see your financial situation start to improve.