Our financial journey is stepping into the next phase! To bridge the foundation you’ve built with reality, it’s time to get down to business. Enter… Read More »part of step 2 – regular maintenance of your income and expenses
Now that we have all your incomes and expenses in our table, let’s get down to business. We’re tallying sums for each category or the… Read More »part of step 2 – determining your balance
Hey there! Recording irregular payments can be a bit tricky, but no worries, I’ll show you the solution: always set these values with the month… Read More »part of step 2 – specialty with non-monthly payments
To get a clear overview of your finances, let’s think about how to cleverly group the listed items. This not only makes entering, updating, and… Read More »part of step 2 – creating meaningful expense groupings
Once you’ve got a handle on your fixed income and expenses, recorded irregular costs for about a month, and jotted down under-year incomes and expenses,… Read More »part of step 2 – create and structure an overview of your current financial situation
From today on, let’s add a bit more organization to the mix – we’re structuring your expenses! To better understand where your money is going,… Read More »part of step 2 – capturing your irregular expenses – categories
Hey there! Now let’s dive into the nitty-gritty – tracking your financial status. The last and maybe the most challenging but significant part: irregular expenses.… Read More »part of step 2 – capturing your irregular expenses
After gaining an overview of your income, the next step in your financial analysis is listing your fixed expenses. These occur regularly on a monthly,… Read More »part of step 2 – capturing your regular expenses
In addition to your regular income, there are occasional and pleasantly surprising irregular sources of money that pop up from time to time. The following… Read More »part of step 2 – capturing your irregular income
To begin, jot down on the first sheet all the regular incomes of individuals contributing to your household finances. Since these typically occur in a… Read More »part of step 2 – capturing your regular income