41–50 of 55 posts
Utilizing Personal Capital and tracking every penny I spend.
Only downside is that there is a slight nagware aspect (only when you're inside the app though) and they do cold calls to get you on an investment plan. Then again, it's free and they have to make money somehow...
Right now we offer a rather good portfolio aggregation, either via manual or automated syncing (read scraping… alas, the state of financial technology…). From basic to rather advanced figures, a lot of explanations. Market data, news, and dividends.
And finally a social network to discuss and learn with like minded folks. We wanted to do a proper Show HN in a few days actually, but I thought I’d leave it here as you could find it useful!
[^1]: https://yeekatee.com/
I spend much much less what I make (maximum 35%). So every month I save at least 2 more months of living. Over the past 3 years doing it regularly I have enough saved for some 10 years.
Nice! Do you expect constant expenses for those 10 years?
Most of my money is invested in things that pays 2/3x inflation and are quite safe investments. Also I'm not planning on starting taking the money out yet so probably will get to 20 or more years of expenses. Then, just the profits of the money would be enough to pay my expenses.
After a few years managing my finance after learning that I should do it (review of my first year of full time work), what I retain is two things: Envelope budgeting, Every dollar is used, and don’t sweat the small stuff. I have an envelope for each category of spending, each goal and one for saving. My income is split between these everytime I get it. I don’t bother tracking small expenses (less than 10$) if it’s no…
Just to clarify, you primarily use cash for day-to-day spending? And does that extend to bill pay as well?
Earlier quoted context omitted.
Nice! Do you expect constant expenses for those 10 years?
Not really constant but growing maybe double the inflation? Most of my money is invested in things that pays 2/3x inflation and are quite safe investments. Also I'm not planning on starting taking the money out yet so probably will get to 20 or more years of expenses. Then, just the profits of the money would be enough to pay my expenses.
For personal finances, I use Microsoft Money 2004 edition, running in a windows 2000 VM. Once a month or so I go in and add all my transactions. I don't actually use it for anything, though. Spend less than you make and the rest solves itself.