I have always worked with
detailed budget, watched every rupee coming in and going out of my system.
Now with a baby in picture,
that is just too time consuming.
From last so many days I am working
on seeing where my time is going and what all I can cut back to save on TIME.
And I know too much detailed
budgeting is one thing which eats up time that I should free.
So finally, I am writing this
post and ACCEPTING that it's time to change.
After exploring lots of
things I have decided that I need to come up with something similar to balanced money formula as preached by JD Roth of Get Rich Slowly.
His exact formula is
something like
30% wants
20% savings
50% needs.
I have to come up
with something similar.
I am going to come up with
my own balanced money formula by November.
(This is because I am joining my job
only on coming Monday which means no pay cheque at end of september also.)
If you have any suggestions
on this, please let me know.
Posts
I would be interested in finding your monthly budget. I maintain a spreadsheet too and will be happy to share. I also got a decent spreadsheet of a person from a public forum and I can share that too.
ReplyDeleteIf interested, you can reach me at baransam at the rate of hotmail dot com
I prefer my own customized spreadsheets. Thanks alot for your offer. That was very sweet of you.
ReplyDelete