Do you guys journal your finances? (1 Viewer)

[seungfloral]

Is it helpful in saving money?

 

[Nina]

No I'm terrible at keeping track of that. My brother handles most of that. I do set aside a specific amount every month for causal and necessary spending in checking. The rest goes into savings.

 

[ani07]

I dont keep a journal but I know whats going off my bank account. just take your income minus your regular / fixed expenses than u know how much money u can spent each month.

 

[seungfloral]

No I'm terrible at keeping track of that. My brother handles most of that. I do set aside a specific amount every month for causal and necessary spending in checking. The rest goes into savings.

Oh your brother is so helpful :O

I dont keep a journal but I know whats going off my bank account. just take your income minus your regular / fixed expenses than u know how much money u can spent each month.

I can check my bank account for expenses, but i feel like i sometimes don't realize how much i spend

 

[Nina]

Oh your brother is so helpful :O

I can check my bank account for expenses, but i feel like i sometimes don't realize how much i spend

You can set up alerts on your app if you spend over a certain amount when you swipe your card. Helps out.

 

[seungfloral]

You can set up alerts on your app if you spend over a certain amount when you swipe your card. Helps out.

that helps too , i just spend on small things a lot. Cheap but many XD

 

[ani07]

I can check my bank account for expenses, but i feel like i sometimes don't realize how much i spend

yeah that can happen when you dont pay in cash. you can also get a set amount of cash each month and only pay in cash.

 

[Deleted member 74]

I don't journal but I set amounts for savings and general expenses when I get paid~

 

[seungfloral]

yeah that can happen when you dont pay in cash. you can also get a set amount of cash each month and only pay in cash.

Oh thats a good idea

I don't journal but I set amounts for savings and general expenses when I get paid~

Ohhhh thats also a smart way to finance better

 

[Selfmate]

as in budgeting?

 

[athenaaa]

No, I have a spending addiction

 

[seungfloral]

as in budgeting?

Yes

 

[seungfloral]

No, I have a spending addiction

Would be too scary? XD

 

[dark_tranquility]

Not really, but I would if I worked.

 

[seungfloral]

Not really, but I would if I worked.

I see i see
Maybe i should xD

 

[Pirioca]

The only journals I have at the moment are the monthly statements of account I get from my bank and my passbook. Since I live alone I have a rather good overview of my finances. Usually I determine a fixed monthly budget. At the end of the month I put the surplus money in a 'Passbook Savings Account'. It's my reserve fund for extraordinary expenses.

It's a bit outdated nowadays, but I can recommend a Passbook Savings Account for keeping track of money that you want to lay aside and don't need short-termed. I don't know if such account is available in every country, maybe you should ask your bank consultant if you are interested.

What Is a Passbook Savings Account? - SmartAsset | SmartAsset

A passbook savings account is a traditional account that existed before the introduction of online and mobile banking, These accounts come with booklets.

smartasset.com

 

[Selfmate]

Yes

semi budgeting I guess to help keep track of things we spend on

 

[dark_tranquility]

I see i see
Maybe i should xD

Yes please do!