Similar Posts


  1. Although I personally love Excel spreadsheets and online banking, part of me worries about what would happen if I got hit by a bus. It would be really difficult for someone else to start dealing with my financials. When my mom was diagnosed with Alzheimer’s last year, I was her power of attorney agent, and I was grateful that she didn’t have a computer. – everything was managed in the old school paper way, which made it easier for me to take over. I guess I’ll have to figure out a plan for letting someone know about my accounts, passwords, etc.

  2. After staring at my computer screen all day, the last thing I want to do when I get home is to open my laptop, so I prefer this old school approach. Besides, there is something very satisfying about hearing the pencil scribble on paper, and sweeping eraser bits onto the floor after an erasing binge!

  3. My husband pays all the bills and he’s got one foot in technology and one foot in old school. SO, he writes down the budget on paper but he pays the bills all on line. It works for us. I have to say he is much better at the whole keeping track of things than I EVER was. I don’t think he’s ever missed anything, although I do believe he has paid something twice or ahead. My hat is off to him. He literally looks at the bank account daily and tracks to make sure things come out correctly etc. He hates checks because he doesn’t want to wait for something to clear. So that is what works for us but I think it is different for everyone. I think the biggest thing is to actually do a budget and track it, no matter what method you use.

  4. 95% of my transactions are non-cash transactions and I use my credit card to make as many purchases as I can. This way I can earn free money when I spend and track my spending digitally.

    I think that you have made a very important point: keep it simple. Over the years, I have my own spreadsheet that I developed and customized according to how I want to slice and dice my numbers. It keeps me motivated as I am able to see how I perform just by entering a few numbers. If I have to use another systems, I can do it, but I don’t think I would be as motivated.

    I would encourage anyone to just start the process and find a system that is simple and motivating when they spend the time to monitor their finances. If you are not motivated you will most likely give up after a while.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.