how we track our weekly spending

posted 3 years ago in Money
Post # 3
Member
3077 posts
Sugar bee
  • Wedding: February 2015

I basically do the same but online, as I’d lose a paper lol I just enter mine on my budgetsimple.com account almost daily, depends on how lazy I’m being and track it that way.

Post # 4
Member
802 posts
Busy bee
  • Wedding: August 2015 - Backyard Forest

I’m a huge YNAB (You Need a Budget) fan. I’ve been using it for almost 2 months now and it has completely changed my view on money. I also love how it ‘analyzes’ your spending and will give you reports on what you’re spending the most on. 

I’m not on a mission to spend less on food because it’s costing us soooo much money! If only there was a way to eat healthy and not spend ridiculous amounts of money on food!

Post # 5
Member
1585 posts
Bumble bee
  • Wedding: September 2013

I love my mint.com account

Post # 7
Member
10384 posts
Sugar Beekeeper
  • Wedding: September 2010

Just FYI, Mint.com will do that for you if you use your debit or credit cards instead of cash. Saves time!

Post # 8
Member
61 posts
Worker bee
  • Wedding: December 2013

Just wanted to chime in with @missamysmiles:  I love YNAB!  I used to use Mint, which was fine for tracking spending, but I’ve found YNAB much better for spending while on a budget.  

Post # 9
Member
802 posts
Busy bee
  • Wedding: August 2015 - Backyard Forest

@StuffWithScout:  it’s seriously my favourite thing ever. I am their biggest advocate you’d think they were paying me (they’re not). I also love how instead of looking at my bank account to judge whether to buy something, I look at my budget categories – so I have found myself actually accumlating money for the first time ever past my measly savings accounts. 

Post # 10
Member
6073 posts
Bee Keeper
  • Wedding: August 2012

I’ll share our way too!  I’m a spreadsheet girl.  I use Mint.com mainly so I can record his CC purchases.  It puts all our transactions into one spot, not to mention all of our retirement account totals.  However, I do like Excel for customizing my own projections.

 

Here’s what a monthly tab looks like.  I have various categories.  I also highlight in red which items are taken right out of the checking but not cleared yet (versus a CC which you usually pay off the following month).  The red totals (uncleared items) let me know how much will be left in my checking at the end of each month.  But my colored cells include all daily purchases, even if it’s on a CC.

 

 

 

 

If each month has a tab, then I can see plot we will have in our checking at the end of each month.  For months that have not arrived yet, I pretty much know our consistent expenses (utils, mortgage), but I use our previous CC statements to get an average to guestimate.  Then I can plot it to see how much money we will have in 8 months from now.  It’s a guess, but an educated guess.  I can throw in big expenses in there too. 

 

 

 

 

Post # 11
Member
845 posts
Busy bee
  • Wedding: June 2013

@missamysmiles:  I LOVE YNAB! It is incredible. We go over our spending almost everyday and it’s so rewarding to be staying within the budget. We’re currently working on killing off debt while saving as much as a possible and I don’t think we’d be doing as well without YNAB. 

Post # 12
Member
802 posts
Busy bee
  • Wedding: August 2015 - Backyard Forest

@remijp:  They have the best philosophy and their rules are so realistic! I definitely am doing much better in getting that last bit of credit card debt to disappear, something I just kept putting off. YNAB puts it all in your face and makes you want to save and have stuff there for your savings goals and rainy days!

Post # 13
Member
3077 posts
Sugar bee
  • Wedding: February 2015

@missamysmiles:  I have to say, I signed up for the YNAB emails and it sounded really awesome! I’m not going to pay to save money though haha The only thing I didn’t agree with was the email saying to live off of last month’s income. We have plenty in our accounts to be able to do that, but I find that we’re much more careful with our spending when we estimate how much we’ll make that month….and it almost always ends up that we bring in MORE so it adds to our savings!

I should probably try the free 30 day trial though, it doesn’t hurt anything to compare it to what I’m already doing.

Post # 14
Member
802 posts
Busy bee
  • Wedding: August 2015 - Backyard Forest

@soontobemrsm11:  yes for sure, the only thing they’re saying it to live off last months income in order to have that buffer – and to not have to do any guess work. 

I highly recommend their free webinars, I didn’t pay for the program until almost the last day, and I’d say it’s worth every penny! Their app is awesome too.

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