Money Talks

It's a mystery what we do with a lt of money.Turns out money really does burn a hole in one's pocket. According to a recent study by Visa, in the U.S. Alone, nearly half off all Americans "lose" $2.340 in cash each year. The money isn't actually misplaced, just inexplicably frittered away. Wayne Best, senior vice president at Visa, calls it "mystery spending,"adding:"You do spend the money, but you're not really sure where you spent it," he said.Financial planners offer these tips to keep track of spending: Keep journal for at least a week to see how the money is spent; set goals on how money should be spent; and make a budget to accomplish those goals.-by Jennifer Waters, the waal street journal, PERSONAL JOURNAL: Wealth
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