Do you know which is the forgotten skill of personal finance? Are you surprised to know that there's a forgotten skill of personal finance?
What we mean by 'forgotten' is that lesser and lesser folks use this skill these days.
So, the most ignored and near-forgotten principle of managing finances is tracking how we spend our money.
Tracking expenses reveals our spending patterns.
It tells us a lot about our habits, priorities, and where we need to course-correct.
So this one skill really needs to come back into fashion for the sake of our financial health.