MAN! The last time I attempted to do this was back in February of 2007! Over 3 years ago! My goal with posting this is to keep myself more accountable about my spending habits by making them public, and to share the knowledge and insight I gain from doing so. The foundation of my money tracking system is from the book “Your Money or Your Life.” I plan on reading other books/blogs on finance and integrating the various systems, but this one book stands pretty strong on it’s own.
The goal of the monthly evaluations is to achieve “financial integrity” or more clearly getting your spending habits and your values to align. Charles Givens put it this way in his book Financial Self Defense:
When your actions are out of alignment with your values, you can experience fear, guilt, frustration and emotional imbalance. Fortunately, you can get rid of those negative, unwanted feelings. You can either:
- Change your actions to align with your values, or
- Change your values to align with your actions.
This statement is true with all things, especially Continue reading →