Monday, December 3, 2012

easy budget software - Early Retirement & Financial Independence ...

Old Yesterday, 08:36 AM ? #1

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easy budget software


Any recommendations on a simple budgeting program to track expenses, credit cards etc. for someone who is not very computer literate ?


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Old Yesterday, 08:48 AM ? #2

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Can you use Excel?

Originally Posted by bobbee25

Any recommendations on a simple budgeting program to track expenses, credit cards etc. for someone who is not very computer literate ?


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Old Yesterday, 10:02 AM ? #6

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I checked the "You Need a Budget" website and it looks pretty good. I use Excel. Whatever the software, just remember that the biggest task with budgeting is tracking your expenditures. I try to use debit and credit cards for as much as I can so that I have a digital record of what I am spending. I save most receipts for cash payments. And there is always a chunk of expenses that remain untracked. Investigate how well you can track your expenses before going too deep in to setting up a budget.

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Old Yesterday, 10:34 AM ? #7

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Old Yesterday, 11:25 AM ? #10

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Fudge Spending


Why would that be so? Do you actually pay for things you can't identify, or do you consciously limit your tracking (e.g. "No point tracking $5 a day fed to the vending machine").

Just curious.

A.

Receipts are hard to come by in fast food places, must remember to ask. So we use 'Fudge Spending' category for cash amounts we can't remember.
We have 'ATM Cash' account setup to track cash in Quicken. DW balances the cash each month and I use 'Spending' report each month and paste it into spreadsheet. I like to see monthly averages and totals for different categories from year to year. And total spending amount is needed for LBYM.

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Old Yesterday, 02:30 PM ? #19

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I once went to a management class that talked about different personality types. I definitely was not in the category that included the people in Accounting. The trick to budgeting (and engineering) is to gather the data that answers the question you are asking.

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Old Yesterday, 02:45 PM ? #20

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Moneydance has an app I use on my iPhone. When I get gas or anything else and I have a few seconds to spare, I simply enter it in the app, which automatically syncs via Dropbox.

I do the same thing with YNAB. While the gas is pumping, I input everything except the total; when the pump stops, I input the total. Done. Syncs to my home computer via Dropbox.


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