Comments on: A Simpler Way To Budget. http://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunday Morning Link Love ~ Post Birthday Edition | I've Paid For This Twice Already...http://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/#comment-25598 Sunday Morning Link Love ~ Post Birthday Edition | I've Paid For This Twice Already... Sun, 30 Mar 2008 15:46:30 +0000 http://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/#comment-25598 [...] My Two Dollars: A Simpler Way to Budget [...] [...] My Two Dollars: A Simpler Way to Budget [...]

]]> By: Four Pillarshttp://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/#comment-25578 Four Pillars Fri, 28 Mar 2008 03:45:13 +0000 http://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/#comment-25578 Bunny, that sounds good. I also use our credit card statements (we charge EVERYTHING) to help with figuring out the bigger expenses which sounds similar to what you do. Mike Bunny, that sounds good.

I also use our credit card statements (we charge EVERYTHING) to help with figuring out the bigger expenses which sounds similar to what you do.

Mike

]]> By: Budgetbunnyhttp://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/#comment-25570 Budgetbunny Wed, 26 Mar 2008 13:42:05 +0000 http://www.mytwodollars.com/2008/03/25/simpler-ways-to-budget/#comment-25570 I have actually used a "combined system" - meaning that i track both my "cash in the beginning" and "cash in the end" plus in addition to that i have major spending groups. It is kind of cash-flow type of planning combined with minor budgeting that does not give me too much grief of tracking every single checks. And i can also still track all the important ratios like - what % goes on car, what on housing, and how much i put aside for investments. The excel table i have i use also for budgeting in the sence that i have a "predicted" numbers allready filled out for the year, which means i can see also how i do against that and my targets and is my cash-flow positive or negative. In addition to that i have sepparate sheet for investments, cash balance and my targets i want to achive (ie. by the end of 2008 have emergency fund of XXXX) For example my excel column is something like this: ---- CASH IN THE BEGINING Net salary Bonuses Misc income TOTAL IN COSTS Misc living (eating, entertainment, clothing) Mortage Utilities and home Car Credit card due Payment to investment account TOTAL COSTS / OUT CASH IN THE END CASH CHANGE (+ / -) I have actually used a “combined system” – meaning that i track both my “cash in the beginning” and “cash in the end” plus in addition to that i have major spending groups. It is kind of cash-flow type of planning combined with minor budgeting that does not give me too much grief of tracking every single checks.

And i can also still track all the important ratios like – what % goes on car, what on housing, and how much i put aside for investments.

The excel table i have i use also for budgeting in the sence that i have a “predicted” numbers allready filled out for the year, which means i can see also how i do against that and my targets and is my cash-flow positive or negative.

In addition to that i have sepparate sheet for investments, cash balance and my targets i want to achive (ie. by the end of 2008 have emergency fund of XXXX)

For example my excel column is something like this:

—-
CASH IN THE BEGINING

Net salary
Bonuses
Misc income
TOTAL IN

COSTS
Misc living (eating, entertainment, clothing)
Mortage
Utilities and home
Car
Credit card due

Payment to investment account
TOTAL COSTS / OUT

CASH IN THE END
CASH CHANGE (+ / -)

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