No/Low spend month

[monk3y]

Anyone tried anything like this? Did it teach you anything or did you quickly revert to old ways?

*Link*

 

[YetioDoom]

I was going to post a link to smallnotebook.org, but that's where your link got the idea from.

I think it's an interesting concept, but haven't tried it myself.

 

[Poulsonator]

There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

 

[monk3y]

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

 

[LS8]

The budget on the OPs link is broken up in a silly sort of way IMO. I think it?s important to find a system that works for you and your family and stick to it. My wife and I don't have many expenses and truthfully neither of us are big shoppers. Most months are no/low spend for us but it's not really on purpose, we just don't like wasting money on junk.

I prioritize our spending in this order; it has worked well for us. Basically the money gets spent in this order.
#1 Homestead: These are things that keep the housing running including rent, electric bill, water bill, trash pickup and renter's insurance.

#2 Transportation: This category includes gas, car maintenance, car insurance and any other travel expenses we might have. Our cars are paid for but if we had a car payment it would go here. We also include a ?new car? fund here that is small, something like $50 month that we set aside.

#3 Food & Supplies: These are things like groceries, household cleaning products, washroom supplies, home maintenance supplies.

#4 Misc Services and Bills: Here is where everything else gets lumped. These things are still important but not as important as the above including cable TV & Internet, life insurance, POTS phone, cell phones, any monthly debt payments (CC or other loans if we have them).

#5 Savings & Investments: We do save every month, at least $100 into a high interest account as well as $100 into our emergency fund. We do invest but not every month. This usually includes CDs and IRA contributions.

#6 Misc Spending: We don't budget much here and rarely spend out of it anyway. This includes eating out, new clothes, movies or entertainment. Honestly if this is ever $50/month I'd be surprised.

 

[LS8]

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

 

[monk3y]

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

True but I'm not even sure if I would use it. It would be nice to have a trial and then pay.

 

[OdiN]

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

 

[LS8]

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

What does Excel cost?

 

[BlackTigers]

Originally posted by: LS8

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

What does Excel cost?

A LOT!!

 

[TruePaige]

Originally posted by: LS8

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

What does Excel cost?

It's free!

 

[LS8]

Originally posted by: BlackTigers

Originally posted by: LS8

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

What does Excel cost?

A LOT!!

Oh so OpenOffice has Excel now? I wonder of MS knows.

 

[TallBill]

Er yeah, I figured out how to budget a long time ago.

 

[LS8]

Originally posted by: TallBill
Er yeah, I figured out how to budget a long time ago.

 

[Nitemare]

Originally posted by: LS8

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

What does Excel cost?

Openoffice then

 

[LS8]

Originally posted by: Nitemare


Openoffice then

Someone beat you to it.

 

[OdiN]

Originally posted by: LS8

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when it can easily be done in some Excel worksheets yourself.

What does Excel cost?

As others have said, Open Office.

However, many people already have Excel anyway.

 

[LS8]

Originally posted by: OdiN

As others have said, Open Office.

However, many people already have Excel anyway.

Someone beat you to it.

 

[oogabooga]

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when you're trying to limit your budget to $250.

 

[LS8]

Originally posted by: oogabooga

Originally posted by: LS8

Originally posted by: monk3y

Originally posted by: Poulsonator
There's a fantastic piece of software out there called 'You Need a Budget':

YNAB

The no/low spend month is a part of the philosophy behind this program. It basically challenges you to have a full month's worth of pay in your checking account at all times. In order to do that, most people have to have a no-spend month.

I highly recommend YNAB.

Seems like a good program but it's quite expensive

$50 isn't expensive for a software package IMO.

It is when you're trying to limit your budget to $250.

You're the first reasonable reply!

Now that all of you have done your best to derail this thread I doubt anyone will get any use of from it now. Welcome to ATOT.

 

[OdiN]

Originally posted by: LS8

Originally posted by: OdiN

As others have said, Open Office.

However, many people already have Excel anyway.

Someone beat you to it.

Nobody beat me to anything, you retard.

Learn some basic comprehension skills, and then get back to me.

 

[LS8]

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: OdiN

As others have said, Open Office.

However, many people already have Excel anyway.

Someone beat you to it.

Nobody beat me to anything, you retard.

Learn some basic comprehension skills, and then get back to me.

Boo Hoo Poor Baby. Cry More.

 

[oddyager]

Meh. I learned how to budget myself back in college and the same rules still apply today.

 

[ultimatebob]

Seems like a pretty pointless exercise to me, considering about 80% of my budget is tied up in fixed monthly expenses like housing payments, car payments, and utilities.

Saving $50 a month on gas isn't going to help me all that much compared to a $1,350 mortgage payment, especially considering that I get a hell of a lot more enjoyment out of that $50 worth of traveling than I do by paying my mortgage.

 

[OdiN]

Originally posted by: LS8

Originally posted by: OdiN

Originally posted by: LS8

Originally posted by: OdiN

As others have said, Open Office.

However, many people already have Excel anyway.

Someone beat you to it.

Nobody beat me to anything, you retard.

Learn some basic comprehension skills, and then get back to me.

Boo Hoo Poor Baby. Cry More.

lol....

Why don't you do the gene pool a favor and kill yourself? Oxygen theif.