Are you looking to improve your finances? Start by tracking your expenses to understand where your money is going. Rocket Money can help you manage your expenses, identify recurring subscriptions, and lower your bills. Plus, you can save up to $740 per year by canceling unwanted subscriptions.

Tracking expenses can help you find areas to cut spending. For example, in 2023, Americans spent an average of $3,933 on dining out and $3,635 on entertainment. Shopping around for insurance can also save you money, as home insurance rates have risen by 33% and car insurance costs have increased by 26%.

To ensure you’re saving enough for retirement, consult a financial planner. Advisor.com can connect you with licensed professionals who can help you determine your retirement goals and build the right asset mix for your portfolio. Schedule a free consultation to discuss your long-term financial plan.

Read more at Yahoo Finance: This 1 habit could transform your finances. Plus 3 ways to create real wealth