+ Reply to Thread
Results 1 to 8 of 8
  1. #1
    Gothel's Avatar
    Gothel is offline Skip the drama, stay with Mama!
    Join Date
    Apr 2007
    Location
    Stressame Street
    Posts
    6,515
    Thanks
    2,368
    Thanked
    2,113
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts

    Default Q for those that track all your spending...

    How do you actually do it? Write in a notebook? Use an app? Download figures from internet banking? Keep receipts? Do you use a spreadsheet?

    I really need to do this but I thought I would pick the collective bubhub brain to find a low maintenance way ha ha.

  2. The Following User Says Thank You to Gothel For This Useful Post:

    jagamoe  (15-08-2012)

  3. #2
    HugsBunny's Avatar
    HugsBunny is offline Once upon a time there was a bunny.........
    Join Date
    Oct 2008
    Posts
    6,603
    Thanks
    4,531
    Thanked
    1,966
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    My dad keeps receipts and puts them into a spreadsheet at the end of the week.

  4. The Following User Says Thank You to HugsBunny For This Useful Post:

    Gothel  (15-08-2012)

  5. #3
    Zombie_eyes's Avatar
    Zombie_eyes is offline Formerly Diamondeyes
    Winner 2012 - Biggest Computer Nerd
    Winner 2013/14 - Funniest Member
    Join Date
    Aug 2011
    Posts
    9,354
    Thanks
    2,835
    Thanked
    9,037
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    100 Posts in a week
    We pay everything fortnightly, i write down everything that needs to be paid, it gets paid first above anything else, then im left with 'spare' money (depening on if there is any) it gets divided between dh and i and that money gets used on whatever, when it runs out thats it until the next fortnight.

  6. The Following User Says Thank You to Zombie_eyes For This Useful Post:

    Gothel  (15-08-2012)

  7. #4
    Join Date
    Mar 2008
    Posts
    815
    Thanks
    151
    Thanked
    129
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    What I do:

    I have an excel spreadsheet that is in month order. I have it set up as fortnightly and using formulas I put in what our fortnightly salary would be. EVERY single day I update what i spent that day. It does take discipline, but does not even take 5 minutes to do. I have a category to the left hand side of Loan, School/Preschool, Bill transfer, Takeaway, Presents, House Maintenance, Groceries, Fuel/Services/Tolls, Doctors/Medicines, Clothes/Shoes, Donations etc. You can add and take off each month. I do update this every day, so I know how much money we have left for the fortnight. We were going through ludicrous amounts of money prior to me doing this. I was shocked and disgusted when I first did this to see how much money we wasted. In my Bill transfer, what this means is I have another Internet Account (I do internet banking) that each fortnight I transfer money into that will cover our bills when they come in. How I worked this out was estimated our bills over the year. So Water, Gas, Electricity, Home Insurance, Car Insurance, health Insurance, Car Rego, Telephone/Internet, Mobile, Swimming, Dancing, Rates. I then divided this amount by 26 weeks and that's the amount I transfer to my Internet Account. When a bill comes in, I transfer back and it gets paid. It might take you a day to set everything up in regards to an account, setting up the excel spreadsheet for the year, but truly once it's set up, it takes not even 5 minutes a day. The key is though, you have to put absolutely everything down, no matter how small. I do have a template if you're interested, but not sure how I would get it to you..

    Goodluck. We are now saving a lot more money now that I am actually aware of how our money is spent!
    Last edited by 3InATub; 14-08-2012 at 10:22. Reason: Should've proof read

  8. The Following 2 Users Say Thank You to 3InATub For This Useful Post:

    Gothel  (15-08-2012),jagamoe  (15-08-2012)

  9. #5
    Gothel's Avatar
    Gothel is offline Skip the drama, stay with Mama!
    Join Date
    Apr 2007
    Location
    Stressame Street
    Posts
    6,515
    Thanks
    2,368
    Thanked
    2,113
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Thanks everyone, total common sense eh? keep receipts, pay the essentials first.

    And 3inatub thanks for taking the time to write all that down! I would love a copy of your spreadsheet template, I could PM you my email if you like? You are probably so right, once you set it up its just quick to maintain from there. I like your idea of having a separate bills account too, working out a fortnightly amount etc.

    Ok I have a plan, thanks everyone

  10. #6
    Join Date
    Mar 2008
    Posts
    815
    Thanks
    151
    Thanked
    129
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    No worries at all! Am just about to go out so I will email to you later tonight if that's ok?? If anyone else wants a copy just pm me your email. It is only a template I have made myself, but it works for me and will hopefully work for you!

    Goodluck!

    x
    Last edited by 3InATub; 15-08-2012 at 13:56.

  11. The Following User Says Thank You to 3InATub For This Useful Post:

    Gothel  (15-08-2012)

  12. #7
    Join Date
    Dec 2008
    Posts
    10,618
    Thanks
    905
    Thanked
    1,482
    Reviews
    19
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    I used to do this. My way was to keep a little notepad where i put all receipts and wrote any purchase that didn't have a receipt - this info would then be transferred into a spreadsheet. It was pretty in-depth with lots of categories etc but once set up easy to maintain.

  13. #8
    Gothel's Avatar
    Gothel is offline Skip the drama, stay with Mama!
    Join Date
    Apr 2007
    Location
    Stressame Street
    Posts
    6,515
    Thanks
    2,368
    Thanked
    2,113
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts

    Default Re: Q for those that track all your spending...

    3inatub thanks a mill, that would be great, no rush, I'm giving myself a couple of weeks to get this organised

    Quote Originally Posted by MothersMilk View Post
    I used to do this. My way was to keep a little notepad where i put all receipts and wrote any purchase that didn't have a receipt - this info would then be transferred into a spreadsheet. It was pretty in-depth with lots of categories etc but once set up easy to maintain.
    Yes I think I'll keep receipts in a pocket of my purse with paper and a little pencil. I'm sure the kids have something I can filch rather than buying something lol (getting in the spirit ). I thought of using an app but when I'm spending, I will always have my purse but maybe not always have my phone...


 

Similar Threads

  1. What are you spending your FTB supplements on?
    By ItWasntMe in forum Family Finances
    Replies: 231
    Last Post: 13-07-2012, 01:55
  2. Replies: 33
    Last Post: 04-04-2012, 16:02
  3. how are you spending your sunday?
    By trishalishous in forum General Chat
    Replies: 31
    Last Post: 05-02-2012, 20:21

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
ProSwimProSwim Rostrevor runs learn to swim classes for children and adults. Lessons are run during the Summer months ...
FORUMS - chatting now ...
Transitioning out of swaddlesBabies (3 - 6 months)
Amazing August TTCConception & Fertility General Chat
Stroller for travelProduct Recommendations & Questions
Joyous June/July TTC! #2Conception & Fertility General Chat
Same Sex Parents TTC #5Same Sex Parents
REVIEWS
"Made bed time less anxious"
by Meld85
My Little Heart Whisbear - the Humming Bear reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›