Amethyst
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Dec 21, 2008
- Messages
- 12,720
Inspired by the forum (and the SYSE classes I was taking, which were bringing out my orderly side) I tracked our expenses carefully from 2009-2015. We made several changes in our spending habits due to the trends I could detect in expenses and spending.
In 2016, I fell off the wagon. There was simply too much going on - my circus had too many monkeys, who were behaving like anarchists off their meds. I was tired at the end of every day and had no energy left for filling in little spreadsheet cells. At some point, I realized I dreaded going back to that chore, so I didn't.
I still monitor our spending (check the credit card balances often, mostly to detect fraud) but I don't really track it any more. I can tell groceries cost more than they did the year before, but it doesn't change what we buy.
In 2016, I fell off the wagon. There was simply too much going on - my circus had too many monkeys, who were behaving like anarchists off their meds. I was tired at the end of every day and had no energy left for filling in little spreadsheet cells. At some point, I realized I dreaded going back to that chore, so I didn't.
I still monitor our spending (check the credit card balances often, mostly to detect fraud) but I don't really track it any more. I can tell groceries cost more than they did the year before, but it doesn't change what we buy.
We never did either until finding this forum, when I tracked spending for a month with tightened purse strings just for grins. We had run calculators and knew what we had and what level of spending it would support (and early on DH said he refused to retire at that point to that low level of spending). Nest egg grew, a buyout offer came, and boom, FIRE happened. I keep close tabs on the nest egg and the bank accounts continue to grow, but we still don’t have a budget or an expense report. Not tracking one’s spending does not equal living above one’s means or spending every penny.