mint.com, while not really innovating...at all...anymore... is still pretty nice for tracking your various accounts, including investments and debts (student loans, etc)
The email address is @intuit.com, so I'm guessing it's related to mint.
Show HN: Keep, an app that helps you love how you spend every dollar
11–20 of 95 posts
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#12I love the sentiment! I'll try this out when I have more time later, but I think it's worth noting that, of course, saving is only part of the equation. There is so much you can (and should) do to reduce expenses outside of the mundane day-to-day, as well! For great advice on pursuing financial independence or betterment, much of which has changed my life and habits, see: http://www.mrmoneymustache.com/ "Financial Fr…
The main sentiment behind MMM has always seemed to be "get a really high paying job and work your ass off for a few years". It doesn't really work if you are stuck in an average wage, with few prospects and no jobs to apply for.
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#13mint.com, while not really innovating...at all...anymore... is still pretty nice for tracking your various accounts, including investments and debts (student loans, etc)
The email address is @intuit.com, so I'm guessing it's related to mint.
http://moments.intuitlabs.com/
You would be correct.
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#14Not a good choice for a name. Google Keep has been around for a while and does something similar: organization.
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#15Earlier quoted context omitted.
I read that blog yesterday as it was mentioned on a different thread. It seems most of his advice is don't buy anything you literally don't need to survive. What's the point of living if you can't enjoy your life? You'll be a rich corpse, who cares? What am I missing?
I think the point is that your middle-class life is an "exploding volcano of wastefulness" and you can make a lot of decisions that reduce your expenses without sacrificing much, if any, quality of life. For example, living closer to work and riding a bike or walking instead of driving a car everywhere—makes you fitter, happier, and saves you cash. Sure, he takes it to an extreme not all could stomach, but there is p…
Yeah, Mr. Mustache himself may carry it to extremes that most people wouldn't want. But it seems he himself and his family are actually happier than they were when they were spending more. Plus they're retired (or semi-retired) and they have no money worries.
I think the optimal spending for most people -- i.e., the amount of spending that would maximize happiness -- is far lower than the amount that most people actually spend (in large part b/c people work at jobs they don't love to earn money to buy stuff they don't need). Much of it is wasted on mindless luxury that people come to believe is necessary and that doesn't really increase happiness because of hedonic adaptation: http://en.wikipedia.org/wiki/Hedonic_adaptation Here's Mr. Money Mustache's piece on hedonic adaptation: http://www.mrmoneymustache.com/2011/10/22/what-is-hedonic-ad...
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#16I love it! A big part of my financial philosophy is based on a similar thought exercise:
Before you make an impulsive decision, imagine a stranger walks up to you. In one hand, he has the thing you're about to buy. In the other hand, he has the amount of money you are about to spend. He will give you one or the other for free with absolutely no catch. Which one do you take?
Besides that, I like the "hold to add cash" interface and I like that it's a mobile web platform (although I hope an Android widget is in the works). Hopefully they can get their server problems ironed out soon.
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#17I love the sentiment! I'll try this out when I have more time later, but I think it's worth noting that, of course, saving is only part of the equation. There is so much you can (and should) do to reduce expenses outside of the mundane day-to-day, as well! For great advice on pursuing financial independence or betterment, much of which has changed my life and habits, see: http://www.mrmoneymustache.com/ "Financial Fr…
I read that blog yesterday as it was mentioned on a different thread. It seems most of his advice is don't buy anything you literally don't need to survive. What's the point of living if you can't enjoy your life? You'll be a rich corpse, who cares? What am I missing?
> It seems most of his advice is don't buy anything you literally don't need to survive. What's the point of living if you can't enjoy your life?
I think therein lies the main fallacy he argues so much against, do you need to buy crap to enjoy your life?
He gets to spend all the time he wants with his kid, or doing anything else really, how much is that worth?
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#18I love the sentiment! I'll try this out when I have more time later, but I think it's worth noting that, of course, saving is only part of the equation. There is so much you can (and should) do to reduce expenses outside of the mundane day-to-day, as well! For great advice on pursuing financial independence or betterment, much of which has changed my life and habits, see: http://www.mrmoneymustache.com/ "Financial Fr…
I read that blog yesterday as it was mentioned on a different thread. It seems most of his advice is don't buy anything you literally don't need to survive. What's the point of living if you can't enjoy your life? You'll be a rich corpse, who cares? What am I missing?
I haven't read the blog, but I wonder how it compares to the philosphy of the book "Your Money or Your Life". In that book, it talks about a fulfillment curve in which the least pleasure is to be found in having too little (poverty, deprivation) and in having/spending too much. Optimization is to be found in having (spending) "enough" but not too much.[1] The book walks you through tracking your spending and then at the end of the month, deciding whether each category's spending was above or below what you think it should be in terms of the enjoyment you got out of it. It then walks you through how to cut back on what you're overspending on with the ultimate goal of getting into better a financial position, up to and including early retirement.
[1] http://newroadmap.pbworks.com/w/page/10458661/The%20Fulfillm... "'Enough' is appreciating and fully enjoying what money brings into our lives, yet never purchasing anything that isn't needed and wanted."
So I just googled "fulfillment curve" and one of the top results was from a mr money mustache forum post: http://forum.mrmoneymustache.com/antimustachian-wall-of-sham...
The way he writes it as "fulfillment curve" being in contrast with "MMM" makes me think you have a point.
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#19I love the sentiment! I'll try this out when I have more time later, but I think it's worth noting that, of course, saving is only part of the equation. There is so much you can (and should) do to reduce expenses outside of the mundane day-to-day, as well! For great advice on pursuing financial independence or betterment, much of which has changed my life and habits, see: http://www.mrmoneymustache.com/ "Financial Fr…
The main sentiment behind MMM has always seemed to be "get a really high paying job and work your ass off for a few years". It doesn't really work if you are stuck in an average wage, with few prospects and no jobs to apply for.
this is true. It is certainly more plausible for the average HN reader than the average person in the world though.
Re: Show HN: Keep, an app that helps you love how you spend every dollar
#20Based on my experience at least, YNAB (You Need A Budget -- http://www.youneedabudget.com/) is the best budgeting software out there. It's a lot more complex than this, and unlike something like Mint it does require you to manually enter transactions.
However, it is really the best interface I've found for setting a budget. Probably the best feature is that it can naturally incorporate overspending. If you set your grocery budget to $200 and you spend $250, YNAB isn't just like "yo, reduce your grocery spending." It remembers that you overspent by $50 and encourages you to incorporate that into next month's budget in a flexible way.
Unless you're a multimillionaire, you can probably benefit from using it. In fact, even if you are quite wealthy, plenty of celebrities have demonstrated repeatedly that it's still possible to go broke in just a few years.