<prompt> Human: I am not very good with my personal finances. I was wondering if people who are good with their finances balance their accounts and track cash spending? I started tracking all of my receipts into excel, cash, checking, savings, paypal, etc, and was just wondering if people actually did that? I am assuming this will be worth my time. Thanks.UPDATE:Thanks for all of your insights. You were all very helpful. I will keep tracking like am now, in hope that I will become more aware of my spending habits and just money in general. Then maybe I will graduate to less detailed methods, or start using a piece of software other than excel.  <response>: Absolutely, thats essentially the definition of being good at personal finances.Its sort of like asking if someone who is good at math does addition and subtraction. 