I keep pretty meticulous records of my spending, a habit from a time when budget was tighter. I don't really see it as concentrating my mind on the short-term, but rather just making sure you know what you're spending on. The records have been helpful because they once helped me detect that someone was using my credit card fraudulently... I wouldn't have caught onto it as quickly if I didn't keep careful records
I'm guessing you're looking at the fiat outgoings rather than buy prices.
That sort of experience would certainly sharpen my mind too.
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