Every month during 2013 – as part of my New Year’s resolution – I am keeping track of my monthly expenses and income. March turned out to be the best month yet: despite a long driving trip to visit family during spring break, the IM family’s savings rate was the highest we’ve seen so far.
Keeping a detailed list of all expenses is eye opening, as it shows you exactly where all your money is going. I encourage everyone to give it a shot, at least for a month. You can use my badass expense tracker (Google Spreadsheet) to help.
Let’s do the numbers. Continue reading
Each month – at least during 2013 – I have resolved to track all my household spending using my nifty expense tracker (Google Spreadsheet). February turned out to be a pretty good month, as my expenses were lower than January and my income was higher.
If you have never tracked every penny that left your wallet, I encourage you to give it a shot, at least for a month. The results can be eye opening and even embarrassing.
Let’s do the numbers. Continue reading
Happy New Year.
At the end of 2012, I resolved to track all of my spending for the coming year using my nifty expense tracker (Google Spreadsheet). As suspected, it had an immediate effect on my spending level – the looming and ever-present task of having to manually write down each purchase made me think twice before whipping out my credit card. As a result, I feel confident that we spent less than if we weren’t tracking our spending at all. I encourage you to give it a shot, even for just a month.
Without further ado, here are the numbers. Continue reading
The time has come for me to throw down the gauntlet and issue a challenge to myself. Don’t call it a resolution – the timing as it relates to the new year is merely a coincidence, as I’ve been thinking about this for many months now. Still, the timing is impeccable as a year is an easy-to-measure chunk, so if you insist on calling it a resolution, I can live with that.
Gravity has taken its toll on this gauntlet.
Here it is: For the next year, I will keep track of all expenses so that I can see exactly how much I spend in a typical year. As an addition, I plan to do it all manually. Tools like Mint and Yodlee can tally up spending reports for any time-period that you wish, and useful as those are, they’re not good enough for my New Year resolution challenge. Continue reading
At the beginning of this Holiday season, I’d like to offer my thanks and gratitude for the following free, open-source software projects without which my life would be much less productive and fulfilling. That I am able to use these applications to get things done in my life at a total cost of zero dollars is a blessing, and I offer my humble thanks to the multitude of developers around the world who contribute to these projects. Open-source software is truly created by the people for the people, and the world is a better place because of people like all of you.
In that spirit, here are the pieces of open-source software that touch my life on a near-daily basis, heightening my productivity in countless ways. Continue reading
Last week I finally met the boy of my dreams.
As I type this, he’s sleeping in my arms. When I first laid eyes on this little guy, I knew that I would live and die for him, moving heaven and earth all the while. A wise man once told me that you don’t fully hit maturity until you become a parent – I now fully understand the weight of his words, though in my case, waiting until my early thirties to become a father certainly lessened the impact of the transition.
With an election looming in the USA, our airwaves are saturated with attack ads and rampant hyperbole. Among other things, the candidates and talking heads keep rattling on about entitlements and the role of the government versus the private sector. I’ve already voted and I don’t wish to turn Interesting Money into a political blog, so just allow me to create a simple analogy for you by way of a bizarre question: What do speed-bumps and Social Security have in common? Continue reading