A spending tracker is a tool that helps individuals monitor their expenses over time. It can be a simple spreadsheet, a mobile app, or a physical notebook where users record their daily purchases. By keeping track of spending, people can identify patterns, set budgets, and make informed financial decisions. Using a spending tracker can lead to better money management. It encourages users to be more aware of their habits and can highlight areas where they might be overspending. Many people find that tracking their expenses helps them save money and achieve their financial goals more effectively.