Thursday, June 9, 2011

Dave Ramsey would be proud

Well I'm finally taking the time to do it. I used to be so good at keeping up with our finances, tracking where our money went. Then life got busy, and we were doing fine financially, so the tracking got pushed to the backburner.

Then I started buying gift cards through the TRIP program at the school I work for. And I made a new year's resolution to start keeping track again. But the gift cards made things tricky. Would I record when I bought the cards, or when I used them to purchase things, or both? How would that filter through my nifty Excel formulas to tell me how we spent our money? So the tracking stayed on the backburner.

Well today I got inspired. I don't like not knowing where our money is going. If every dollar has a name, I'm less likely to spend it somewhere else under another name. So I made a brand new spreadsheet:
I totaled up the gift cards I have, ones I've bought from TRIP and ones we've gotten as gifts over the years... holy cow we've got a lot of $$ in gift cards waiting to be used! That's encouraging! So we'll see how things go. If I just force myself to take the time to do this, it WILL happen. We WILL find extra money to save for Abby or finish the basement. We WILL pay off our house early. I just need to put my organizing-perfectionist-beaver-type personality into it!

What about you? Do you live on a budget? How do you track where your money goes?

1 comment:

Jessica said...

awesome! i love budgeting! and tracking, and making excel spreadsheets to organize our money, and i love just about anything Dave Ramsey thinks is a good idea! Our budget needs to be rearranged once we close on our house and start doing repairs and move in. This is an inspiration!

Related Posts Plugin for WordPress, Blogger...