Re: Budgeting advice

[Anonymous]

I’m one of those rare organized ADD-ers, but I am guilty of organizing, re-organizing and re-re-organziaing…which defeats the purpose!! Unfortunately, it doesn’t help with impulsive purchases and debts that spiral out of control!!

I used to have an accounting job so I get some peace from putting my finances in order. I use Quicken on my computer; my bank account info gets downloaded onto it – it’s much easier to balance the checkbook than doing so manually. I make sure I categorize all my checks and debit card purchases (I use my debit card almost exclusively and not cash so I can track my spending). It’s got a budget feature (although..do I use it?? nope) it’s kind of difficult to work in unusual expenses (unexpected car repairs or vet bills, for example).

What it does do fairly easily is break down expenses by categories so you can see what you’re spending your money on and helps me to see areas where I can cut back. I admit I have to go back to it many times, but it helps that it’s all in order.

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