Do you handle your family’s financials? Are you the one balancing the checkbook each month (do people really still do that)? How do you know where you stand from day-to-day with your finances? In case you do the bookkeeping, do you still use pen and paper and a truck load of receipts to do that? In IT age, old style bookkeeping is obsolete.
Bookkeeping as an activity always was and still is an important aspect of managing personal finance. Keeping track of earnings and spending are two most important aspects of managing personal finance. This post is not about managing your household books electronically with the help of modern software tools which will make your job easier and less time consuming.
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