What system or method do you use for your monthly budget or personal finance? - eviltoast

What budgeting advice do you recommend? Money management method?

  • FlihpFlorp@lemm.ee
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    11 months ago

    I just go into notes app or pen and paper of choice nothing too fancy

    Also take this with a grain of salt as while I’m still living with my parents and don’t really pay

    In one section I have subscriptions that cannot exceed like $35 a month and that’s more a list that rarely gets updated

    Then as for month to month expenses I divide into money to spend on games and toys/treats for my dogs and taking out the gf and gas and an other category and I allocate money towards those categories

    I do it so I don’t over spend in one section like blow all my money on my dogs then have no money to spend for my girlfriend or something

    Each month when I “refresh” my monthly budget any unspent money (and minus some to put into savings) rolls over to next months budget

    It works wonders and I can move money for spending around easy since it’s all visual

    • korewa@reddthat.com
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      11 months ago

      Basically the premise for YNAB. You’re doing good work and have a good habit and mine set. Once you get more cash flow it will be harder to keep track. I use YNAB it may work for you too.