Credit: Brandon Moats
Every month during 2013, I’m keeping track of our income and expenses, down to the last penny. Last month (July) was our worst month so far. So, how’d we do in August? Much better, even though expenses are still higher than I expected.
If you haven’t seen it yet, I track all details of my financial life using my incredibly badass IM Finance Tracker Spreadsheet. What do you mean you’re still not using it? It’s pretty much the best thing ever! In all seriousness, if you’ve never tracked every penny that enters and leaves your wallet, you literally don’t know what you’re missing. Just give it a shot, even for a month or so.
And now for the numbers: Continue reading
Image credit: Dennis Wilkinson
At the IM household, the alcohol tends to flow freely. Starting back in 2007, when we were both in graduate school, my wife and I began a tradition: every Friday evening, we would unwind after dinner by splitting a bottle of red wine, talking and enjoying each other’s company by candlelight. These evenings would usually unfold over 2-3 hours and were almost always accompanied by music, games of backgammon, fine cheese (or homemade bread), and conversation that solved all the world’s problems. These “wine nights” were therapeutic for us, and we happily kept up this weekly tradition through most of 2009, occasionally substituting craft beer for the red wine.
Fast-forward to July 2009. Continue reading
Every month, I keep a detailed log of my household expenses and income. July 2013 turned out to be lousy month for income and an even worse month for expenses. Truth be told, it turned out to be our most-expensive month to date. Come the end of the year, I hope that still remains true.
I track all our finances using my spectacularly meticulous IM Finance Tracker spreadsheet. If you’ve never tracked every dollar that flows in and out of your wallet, you literally don’t know what financial details you’re missing. I implore you to give it a shot, even for a month.
And now for the numbers: Continue reading
Tired of wondering where all your money is going? Want an easy way to determine your monthly savings rate? Then it’s time to take charge of your monetary life and get your financial house in order. Mr. IM is here to help.
The InterestingMoney.com Finance Tracker
The IM Finance Tracker – Google Drive Link
Features include budgets for fixed and variable spending, tracking expenses categorically by month, charting income versus expenses, and automatic calculation (and graphing) of your savings rate.
What is it? Basically, it’s a spreadsheet to track your household financial life. No, it’s more than that – it’s a life-changing tool that promises to fatten your wallet, crush your debt, and make you a better lover. That’s a bit overboard. The truth is somewhere in between. Continue reading
Every month during 2013 I have chosen to keep track of my financial life. June turned out to be a great month despite a couple of unexpected expenses as well as a family vacation. Our income was higher than average thanks to some beefy royalty payments.
If you’ve never tracked your spending down to the last dollar, I highly encourage you to give it a shot, even for just a month. The results may surprise you.
Alright, enough of that. Let’s see the numbers. Continue reading
Alright, so I’m way behind in posting these Finance Tracker updates. Rest assured that I have continued to track my spending and income. I obsess about it, actually, and tend to immediately add entries to my spreadsheet as they occur instead of waiting until the end of the month to compile them all. My laziness has been in composing these monthly posts, not in tracking the data. That laziness ends now!
No more chatter. Let’s see the numbers. Continue reading
Six months ago our little baby boy was born. In many ways, these have been both the longest and shortest six months of my life. My wife and I have laughed together, cried together, and marveled as we watched him progress from a crying, pooping paperweight to a somewhat-mobile, somewhat-interactive sleep-fighting machine. At six months, he has begun to show signs of a developing personality, an insatiable curiosity, and even a sense of humor. Baby laughs are one of the most precious and endearing sounds imaginable. Continue reading