An honest look at family finances
1 Feb
I don’t normally post on Sunday but I wanted to share something with you. And being the first of the month I didn’t think it should wait.
Finance for a Freelance Life is doing something fun this month and I wanted to spread it along. She is challenging her readers to track their spending manually for a month and then report back. Might be eye opening. Keep in mind, this is not budgeting, only tracking. I’m going to be participating and I would love it if you would too. Even if you don’t report back, at least do it for yourself.
We already track our spending manually, but my husband does it, so it will be an adjustment for me. I also want to break it into smaller categories than what we have in our spreadsheet currently.
Ok, back to your Sunday…
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5 Responses for "“Where’s my money going?” month."
I do that every single month but I’ll join in!
Fabulously Broke in the City
“Just a girl trying to find a balance between being a Shopaholic and a Saver.“
I did this one month a while back and it was an eye-opening experience. I’ll do it again to see if things have changed as much as I think they have.
That’s good to know, Part 3 of my Deliverance from Debt series will run Tuesday and it’s about tracking your spending. I’ve been tracking mine to include in the post.
I use http://www.mint.com to keep track of spending trends. It does a great job showing you exactly where you spend your money. And, it automatically updates itself with any online data that you allow it to access.
[...] Others who have written about their decision to participate include: Liz at Both Sides of the Pond, zpetal (and her boyfriend), Rob at MoneyWatch, Jason at Live to Budget, and Ashley at Wide Open Wallet. [...]
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