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track your expenses one of the most useful things you can do to improve your financial wellness and health is to track all of your expenses for one month it will show you how much money youamp;#39;re actually spending versus how much you think youamp;#39;re spending knowing exactly how much money you spend each month is invaluable it will help you reduce unnecessary expenses save more money and therefore have more capital available to invest remember knowledge is only potential power if you want to make a real change in your life you need to apply what youamp;#39;ve learned