My 2014 Spending Summary and 2015 Goals

It’s that most wonderful time of the year for compulsive money trackers. Finally we get to add up all our spending for the year, compare it to previous years, and get ready for next year. I tend to think of my spending in monthly averages so that’s what I’ve presented here. I’ve broken our costs down into housing/utilities, transportation, other joint expenses, and my personal non-shared expenses. The first three charts represent only my portion of household spending. My husband and I share most expenses 50/50. So double these numbers to compare them with your own monthly household spending. 1Condo…

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Millennials, You Aren’t Screwed

Millennials, You Aren’t Screwed

My basic principles for maintaining control of your finances (for any generation). The internet is full of fear-mongering articles. Two types I really hate are (1) those with excessively negative statements used for click-bait, and (2) those targeting a group as if they were all the same. (Like I did in my title.) Combining these two categories, there is a trend of financial articles targeted towards the millennial generation. Usually the title is something depressing and melodramatic, such as: Why the millennial generation will never be able to retire. Is the current generation worse off than their parents? 10 reasons…

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How to Make a Wall Chart in Excel

How to Make a Wall Chart in Excel

The Wall Chart, as described in the book, Your Money or Your Life, and in the Financial Integrity Program, is a visual representation of your income, expenses, and investment income. When YMOYL was first written the wall chart was made manually with pen, pencil, and graph paper. But technology has changed significantly since then, and using a spreadsheet program such as Microsoft Excel, makes tracking and graphing your finances even easier.   Here’s a guide to creating your own Wall Chart using Excel.   Step 1:  Gather at least a few months worth of data: your income and spending, and investment income…

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Analysis of My 2013 Spending and 2014 Goals – Personal

I have the most control of this section. These are all my individual purchases that don’t affect my husband at all. Here is where I want to match my spending to my priorities. Work Food – Chocolate and other snacks that I buy specifically to enjoy during my office job. Eating Out/Coffee – This is for non-work food that I buy just for my own enjoyment. This is a priority to me and I want to stop chastising myself for spending money in this area. This is a line item where I want to spend at least up to $20, rather…

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Analysis of My 2013 Spending and 2014 Goals – Other Joint Expenses

This part is where the biggest problem was. Luckily there were many one-time expenses in 2013 that shouldn’t be repeated in 2014. My priorities are food and one winter vacation. Other than that I don’t want to spend much money this year. Notes 1     All these expenses are split equally between my husband and me. As I am only analyzing my own spending I’ll be focusing on my portion, but for easier comparison I’ve included totals and annual amounts in this chart. 2        I know our food costs are high. I will be writing more about…

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