Originally Posted by In-control
We have 12 monthly columes. Each row is a spend catagory and on the bottom I have a sum for the month, goal and a variation cells. At the end of eah row I have the rolling sum over the 12 months, yearly goal and variation.
We front load any auto pay's, recurring payments into each monthly colum. Making small adjustments as we go. My SO has two checking accounts, one for big, occasional spends and one for the daily items. I fund each one based on our previous years run rate + inflation each month. I subtract that $ from a savings account that I fund at the begining of the year when a 5 yr cd expires, I have 5 years of living expenses in CD's.
Since the goal of this is to keep track of our daily budget I do not include investment $'s in the budget. I tract all of the other funds via my vanguard account. This combines all of my assest by class and is very simple.
Simply works best!
That sounds more like a Diary... and a lot of work at that. Why waste money purchasing Excel for that? In any event, I wholeheartedly agree, simple is best and certainly it is an honorable goal. If only (my) life were so.
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu