As a professional, it is crucial to be conscious of your expenditures. One way to stay on track is to conduct an audit of your finances. Budgeting is a powerful tool to understand your finances and set financial priorities. In this video at TED, Robert A. Belle explains how to audit your personal finances. Start by gathering your financial documents, bills, receipts, statements, and any other financial records. These records will help you understand your income and spending habits. Identifying your spending habits is the first step. However, strategizing ways to amend your habits will help you bring your finances back on track. To learn more about financial auditing, click on the video.