Personal Finance Software

Discussion in 'Off-Topic' started by cmjh10, Dec 30, 2018.

  1. cmjh10

    cmjh10 Well-Known Member

    Dec 5, 2012
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    Needing to work on my budget, trying to keep track of everything the way I have been isnt working and takes more time than I can afford right now. Anybody have any tips on software I can put on the computer/phone that will help me track expenses better?
     
  2. ISUCyclones2015

    ISUCyclones2015 Well-Known Member
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    YNAB or You Need A Budget. It's whole philosophy is every dollar gets a job even if that job is saving. If you spent $8 less on groceries because of a sale, you have to give those $8 a job etc etc. It really forces you to track everything, I love it.
     
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  3. BoxsterCy

    BoxsterCy Well-Known Member

    Sep 14, 2009
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    Sounds complicated but interesting.
     
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  4. IAMAIRBHG

    IAMAIRBHG Well-Known Member

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    #4 IAMAIRBHG, Dec 30, 2018
    Last edited: Dec 30, 2018
    where is that bitcoin nerd im sure he watched a youtube recently
     
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  5. Doc

    Doc Well-Known Member
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    This sounds interesting.
     
  6. isufbcurt

    isufbcurt Well-Known Member

    Apr 21, 2006
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    Honest and curious question: Do a lot of people budget?

    I'm asking because I don't, never have and never thought about it.
     
  7. Cyched

    Cyched Well-Known Member

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    I’ve been using Mint since graduation, and don’t have a good reason to change. YNAB sounds pretty cool for someone just starting out though.
     
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  8. Doc

    Doc Well-Known Member
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    Make enough money that you don’t have to budget and you don’t have to fix your own stuff. That’s pretty much the philosophy my dad gave me.
     
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  9. crash_zone

    crash_zone Well-Known Member

    Apr 10, 2006
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    I track net worth each month, but don’t bother with a budget outside of keeping the monthly credit card statement below a set $ amount. I sweep all excess above base into index funds at the end of the month as well.

    how much time do people put into budgets?
     
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  10. JP4CY

    JP4CY Well-Known Member
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    I don’t, I just look at balances a couple times a month.
    A budget wouldn’t work for me solely for the fact of sports and music.
    Take the Alamobowl for example. Wife and I probably spent $3k total.
     
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  11. keepngoal

    keepngoal Jobless Jerk
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    Jun 20, 2006
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    How do you know you saved $8 on groceries?
     
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  12. BoxsterCy

    BoxsterCy Well-Known Member

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    Never really did true budgeting, was always generally a little frugal and usually knew how much I could spend while still saving a respectable amount. Even when i bought this house decades ago it was a pretty general "yup, I can afford that" assessment.

    Did just total up what I spent in 2018 compared to 2017 and it's within less than a $1000 difference. If nothing else I am consistent as heck. :rolleyes:
     
  13. IAMAIRBHG

    IAMAIRBHG Well-Known Member

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    I guess you would have to buy the same stuff every time?
     
  14. cmjh10

    cmjh10 Well-Known Member

    Dec 5, 2012
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    Kinda have, kinda havent, same philosophy as Doc. But, expenses have gotten a but out of control (not all my fault, but kinda at the same time).
     
  15. BoxsterCy

    BoxsterCy Well-Known Member

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    Pretty much every sales receipt summaries with a "You saved $x.xx"

    Some of it's legit and some's exaggerated. Grocery "savings" are probably the closest to being real savings from sales cuts on regular prices.

    I supposedly saved $10/pound on beef tenderloin I bought around Christmas. Thing is I won't have bought it at the regular price so I really didn't "save" anything, just bought something and actually spent more.
     
  16. BoxsterCy

    BoxsterCy Well-Known Member

    Sep 14, 2009
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    Lots of dog food?
     
  17. DSMCy

    DSMCy Well-Known Member

    Feb 1, 2013
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    I have a Google Sheet set up that I use to track all our monthly bills.
    Not the most robust in terms of using graphs or tracking historical budgets, but it allows me to use it anywhere (phone, computer, work).

    I’ve been doing it since 2012 and like it.
     
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  18. Cyched

    Cyched Well-Known Member

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    I go back and forth on this. I do it because I was taught that it was good practice; I mainly use it to see how much I have left over each month, and make sure everything’s paid for if a big expense comes along.

    A lot like you with the “fun” expenses - I’ve blown my entertainment budget out of the water this month, and it doesn’t bother me.
     
  19. cmjh10

    cmjh10 Well-Known Member

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    Thats not all of it, but heading in the right direction.
     
  20. CloneLawman

    CloneLawman Well-Known Member

    Apr 13, 2006
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    Having a lot of ******* around is expensive!!!
     
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