Great ideas! One thing I do that makes a huge difference automatically transfer money every week to a savings account, a medical/health account , and a miscellaneous account. It’s made my life easier. I’m adopting your suggestion of weekly money for fun- the book or the pizza. And I’m taking cash for it. Great ideas in this post.
Automating bills and setting a “no-guilt spend” budget definitely save mental energy. But here’s what I’m curious about: which habit actually made the biggest difference for you—automation, cutting clutter, or building a buffer?
Nice read. As a fiscal consultant & an accountant who managed million dollar projects, knowing what you actually spend your money on is a great tracking tool.
The mental capacity of managing & setting a budget can be stressful; however, tools to monitor spending habits while integrating your tools can be a game changer.
The one that resonated with me is the simple tracking. For years I tried to find a simple system/process for tracking. Two years ago I found those methods with 2 tools. First, I track my assets and debts monthly with simple EOM balance as listed on the last day of the month. Second, I use a simple money app to track income & expenses and download that to a simple Excel sheet and Pivot Table the data quickly. I use both tools to allow me to see progress and to share with my wife our progress. It has helped us both feel peace about our money in a busy day to day world.
Good tips! Also, I’ve encountered many people that only use a debit card. I’ve bought appliances, paid for several trips etc all because of my credit card - using it and paying the balance is a powerful tool get extra funds.
For me the things I need to practice more would be to stop over tracking my expenses as to avoid putting extra stress on myself and then allowing myself to celebrate small wins without guilt.
Great ideas! One thing I do that makes a huge difference automatically transfer money every week to a savings account, a medical/health account , and a miscellaneous account. It’s made my life easier. I’m adopting your suggestion of weekly money for fun- the book or the pizza. And I’m taking cash for it. Great ideas in this post.
Your automatic transfers sounds so peaceful and powerful just reading your words. Don’t forget to dedicate a pizza slice to me Margaret. 😁
Excellent read!
Thanks for being here McKinley!
Automating bills and setting a “no-guilt spend” budget definitely save mental energy. But here’s what I’m curious about: which habit actually made the biggest difference for you—automation, cutting clutter, or building a buffer?
Nice read. As a fiscal consultant & an accountant who managed million dollar projects, knowing what you actually spend your money on is a great tracking tool.
The mental capacity of managing & setting a budget can be stressful; however, tools to monitor spending habits while integrating your tools can be a game changer.
Much success to you with your guidance book.
Appreciate your knowledge Shea and thanks for your words.
The one that resonated with me is the simple tracking. For years I tried to find a simple system/process for tracking. Two years ago I found those methods with 2 tools. First, I track my assets and debts monthly with simple EOM balance as listed on the last day of the month. Second, I use a simple money app to track income & expenses and download that to a simple Excel sheet and Pivot Table the data quickly. I use both tools to allow me to see progress and to share with my wife our progress. It has helped us both feel peace about our money in a busy day to day world.
Peace is the ultimate win. So glad you were able to resonate and you found what works best for your family. Thank you for being here Justin!
Awesome 😎
Great article, thank you for sharing.
Thanks for being here Charles.
Simple and Helpful 🐦🔥💖
Glad it resonated Rob, thanks for being here.
Good tips! Also, I’ve encountered many people that only use a debit card. I’ve bought appliances, paid for several trips etc all because of my credit card - using it and paying the balance is a powerful tool get extra funds.
Yes it is! Share this post with those only debit card users.
Giving up ‘tracking every penny’. I realize it’s an obsessive habit w/o much benefit. 🙏🏾
Such a great realization Candice. Balance over obsession!
For me the things I need to practice more would be to stop over tracking my expenses as to avoid putting extra stress on myself and then allowing myself to celebrate small wins without guilt.