“I’m going to track all my daily expenses in an app”
Most people are accustomed to track their expenses the old-fashioned way (using pen and paper), including Thakor. “I don’t like the aggregator sites that require you to link all of your bank accounts. So, up until now, I’ve tracked all my expenses by writing them on a slip of paper in my wallet and then tallying up the papers once a month in an Excel spreadsheet,” she says.
However, her not-so-practical method has several flaws—what if she loses a scrap of paper or her spreadsheet gets deleted? This year, she’s decided to try out an app, Expenses OK. An app that allows her to input daily expenses and track her budget in real-time without needing her bank information.
