as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain why it is important to keep track of finances.
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keeping track of finances is important because it helps you to better understand your spending habits, money goals, and how to appropriately budget your money. having a clear understanding of your current financial situation can also help you to make better decisions and plan for the future.
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