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Making Sense of Receipts

What do you do with your receipts after you bring them home?    Several of my clients save them — piles and piles of them — so that they can analyze their spending patterns and better understand where their money goes. That’s a worthwhile endeavor.  Unfortunately, saving them in piles does not shed any light on your spending patterns.  It just creates clutter and causes you stress.  It also makes it difficult to find an important receipt when you need it.

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