How do I start to keep track of my personal finances and stick to it?
I want to begin to keep track of my finances to kinda see where my money is going — what the best software/spreadsheet format to do this? Any tips are welcomed
Try Mint.com. It tracks bank accounts, credit card, loans, etc. It’s easy to use, it’s free, it’s safe. It also has investment tools so you can compare your rate with major indexes. The down side, it has some advertising, but it doesn’t detract from what a great site it is.
Maybe you could search online for monthly budget report. im sure they have A lot of free ones. or you can make your own.
References :
http://my.simmons.edu/services/finance/budget/reports.shtml
Try Mint.com. It tracks bank accounts, credit card, loans, etc. It’s easy to use, it’s free, it’s safe. It also has investment tools so you can compare your rate with major indexes. The down side, it has some advertising, but it doesn’t detract from what a great site it is.
References :
It’s recommended by Money magazine.
the best way is to setup automated system so that you don’t have to do them. when discipline is the driving factor, most people will fail in their personal finance. so its best to setup standing instruction to automatic transfer savings into your investment accounts. as for budgeting, its best to set a upper limit so that only when the upper limit is reached, you will need to take a look. Else all things would run by themselves … which is the main scenario for fiancial freedom
References :
http://malaysiaPersonalFinance.blogspot.com
write down your monthly salary and then list your outgoings and what ever is left over is yours and anything you don’t need cut back on
References :