Final answer:
Shin-Fong likely keeps track of his finances through budgeting and the use of financial tools, such as software or apps, which assist individuals in managing expenses and savings effectively as part of a broader financial plan.
Step-by-step explanation:
The question pertains to how Shin-fong manages his finances. To track finances effectively, one might employ various methods such as budgeting, using financial software, maintaining a ledger, or using mobile banking apps for monitoring expenses and savings. Although the provided content doesn't specify Shin-fong's exact methods, it suggests a focus on financial planning and management which are crucial for personal financial health and achieving future goals. Budgeting is a fundamental strategy that assists individuals in planning their spending according to their income, thereby ensuring that expenses can be met. Financial software or apps could offer a user-friendly way to track day-to-day spending and savings, categorize expenses, and review financial goals periodically. These tools are part of a broader financial plan, which should also consider the importance of banks and financial institutions in managing, saving, and growing one's finances, as well as the importance of assessing risk and return for investments and understanding the pros and cons of using credit.