I’ve always tracked my spending to some degree, but never every penny, and never consistently. As my finances have gotten increasingly complicated, I feel the pressing need to hold my spending accountable…finally!! After over 6 months of trying to come up with the perfect spreadsheet of my own, and failing, I purchased the lovely color-coded spreadsheet created by Fabulously Broke. It’s everything I wanted to do with Excel but couldn’t quite figure out how to enact. Her spreadsheet is a little more complicated than I can handle at the moment, so I am going to start slowly and work my way up.
Here’s the plan:
– record monthly spending and categorize each expenditure on track for January
– later in 2011: figure out how to better track my rental income and “pay-backs” for utilities from my roommates. Add in mortgage debt. Figure out how to include my savings accounts and IRA contributions.