vinod_b is at work
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5 days ago
I am using Money Manager Ex, need to tighten the loosends and start the new year 2010 with the correct balances and go on from there.
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How to organize my finances
It made me
Feel good.
 "Wasn't too hard, and I ended up saving money."
How I did it: I started tracking my money -- everything I earned and everything I spent. I used Microsoft Money, but I think any decent money-tracking program (or even a notebook) would do the same thing. I managed to save more than I expected, putting together an emergency savings fund. It feels good to know exactly when my bills are coming in, and to know that even though I'm on a tight budget, I've got the money to pay them. Lessons & tips: Be consistent. It's easy to track expenditures at the end of the day, harder if you only do it weekly... and it's easy to give up if you get more than a week behind. Resources: Microsoft Money
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More "How I Did It" stories
sweet vv is getting there!
It made me
feel in control
How I did it: That may sound strange: Organizing finances makes you feel in control of your life? Yeh, it does. I mean, i don't have to take loans or pay interest rates cause i didn't pay my bills on time and now i know exactly how much i can spend so i can do everything that i want without feeling guilty. It took me sometime but i think i can really abandon that "big spender" title that i've got. Read how I did it…
It made me
How I did it: i have a friend who's really good with money, so i asked him to help me out. he said that he has a spreadsheet set up with a page for each month. each line down is a day and across is different categories in which he spent money (food, gas, clothes, school, insurance, etc.). the last column is where you put in how much you get paid. just fill out the spreadsheet with the different dollar amounts on each day. he set it up to calculate ever… Read how I did it…
It made me
SMILE
How I did it: I organized my finances by the highest bill to pay to the smallest amount. Then I took the paydays and organized the due date for the bills...added, subtracted and what ever was left I rolled it to the end of the month and thats what I had left over for the month of Jan...our kids understand we cant have any special things for January since we cant start really spending till Feb..2009 Read how I did it…
It made me
super happy
How I did it: i used mint.com. all of my bank accounts and credit card transactions are fed into mint.com and then it classifies the categories and establishments where you spend. for the most part, it's right on, and with a little tweaking, it gets smarter. i set up as many bills as possible with my online billpayer with my bank, but mint's reminders are very helpful. Read how I did it…
People doing this are also doing these things:
Entries
Teridian is thinking it is time to sort life out.
FUN!
2 months ago
Okay, it may not be fun for some. I am not rich, nor am I destitute. Tracking my expenses is giving me a weird glimpse into my life. It shows where I prioritize spending. For instance I notice that I spend too much on entertainment when I could be using resources I already have such as unwatched DVD’s and unread books.
Untitled
2 months ago
My filing system has fallen apart…the only stuff I file (actually collect in a pile) is the tax stuff. All else goes in a box. Another thing to add to the list of the things to do. This time I think I will have fewer categories to file in.
sweet vv is getting there!
i'm starting to see the importance of this one
3 months ago
since i’m planning to move out and i’m spending almost all my income every month. that’s just stupid. so now i’m really organizing things and keeping track of all my expenses.
payed majority of card debth
3 months ago
again from tax return money (5/7)
i’m going to pay it off and not renew it when it expires (1.1010)
Monty Mole focusing on getting some things done
Specific aims...
5 months ago
There are some specific things I need to do:
- Start a Childs Trust Fund for my baby girl, put in the 250GBP from the government and set up a regular payment to it
- Review what I am paying for gas & electricity and see if I should change supplier
- Find the best value public liability insurance when it is up for renewal
- Move money from my current account to a high interest account
sweet vv is getting there!
this is my finance challenge
5 months ago
i have a real problem with budgets. i’m a big spender and i love to buy new things, so this is more than necessary to avoid a lot of problems in the future. this is what i plan to do:
- close unnecessary bank accounts
- cancel credit cards
- start saving money
Untitled
6 months ago
I have a budget now, and all my credit cards are either paid off or switched to low-interest accounts. Not perfect, but much better.
Oh boy.
7 months ago
As of right now, my finances are pretty easy; I have rent and utilities, food, gas, college expenses, car insurance payments, and that’s it. I don’t own a credit card, my only debt is via student loans, and I generally don’t waste money.
However, soon enough I’ll be out of college and renting my own apartment by myself; life won’t quite be so easy. I will be entering medical school, and I know I’ll get behind and end up racking up more debt than I need to if I don’t prepare myself now. I want to be financially responsible, set money aside so I can prepare for emergencies, and perhaps see if I can put money away into stocks. If I act now, hopefully I can prevent surplus debt and stress from building up.
My goals:
1) Obtain a credit card, and feel comfortable with using it in order to build up my credit.
2) Research the stock market; perks/downfalls of long term investment and penny stocks.
3) Map out prices for my future expenses.
4) Determine how much I want to put away by the end of the summer and pick up enough shifts accordingly.
5) Categorize where I currently spend my money, and what corners I can cut.
I have some work to do!
cmooey is writing a list of things she'll accomplish - 1st step 2 doing them
Untitled
7 months ago
I took the 43 Things Personality Quiz and found out I’m aSelf-Improving Healthy Extrovert
