How to Improve Your Expense Management in 7 Days

Expense management doesn’t have to be a corporate skill. It’s just as critical in your personal life. Day 1: Start tracking all your expenses, no matter how small. Record them daily for the next 7 days.

Day 2: Create categories—housing, transportation, groceries, health, leisure, etc. Grouping these helps you make sense of your spending.

Day 3: Identify problem areas. Where are you overspending? Compare it against your budget.

Day 4: Prioritize essentials. Make a clear list of non-negotiables vs. wants.

Day 5: Use the “why” rule. Ask why you spent money on each item. Emotional spending often leads to poor expense management.

Day 6: Draft a basic expense report. Summarize your week's spending and categorize by type. Reflect on surprises.

Day 7: Plan for next week. Use what you learned to create a smarter plan. Expense management improves through habit—not one-time changes.