Wealth
Get spending under control
Give every dollar a job and stop the small leaks before they add up.
The challenge
Money leaks out and I'm not sure where
Why it matters
Plugging the leaks frees up money without earning a cent more.
How the plan unfolds
Week 1
Do your first actions and start your keystone habits. The only goal this week is to begin.
Weeks 2–4
Make the routine automatic and repeatable, working toward: Tracked every expense for two full weeks.
Month 2–3
Turn the routine into a result you can point to, working toward: Stayed within a simple spending plan for one month.
Milestones
- Day 30 Tracked every expense for two full weeks
- Day 60 Cancelled or cut at least three spending leaks
- Day 90 Stayed within a simple spending plan for one month
Keystone habits
Log every spend
Right after I buy anything, I will log the amount and category.
24-hour rule
Before any non-essential purchase, I will wait a day before buying.
Your first actions
- Track two weeks of spending Record everything to see where the money actually goes.
- Audit your subscriptions List every recurring charge and cancel what you don't use.
- Set simple category limits Give your main spending categories a monthly cap.
If–then plan
When I feel an impulse to buy, then I add it to a list and wait 24 hours.
When small charges pile up, then I review recurring charges and cut one.
When I'm spending with no plan, then I check my category limit before buying.