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re: your "system" for tracking your budget

Posted on 5/2/15 at 7:38 am to
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 5/2/15 at 7:38 am to
quote:

I hate Mint because of the uncategorized transactions. Hate. It.


I've found it pretty easy to setup rules so that things automatically categorize. I probably spend less than 5 minutes a month categorizing expenses.

I can't imagine the time it takes to track expenses manually in excel, logging in to every bank account, credit card, etc...certainly significantly more than a program that does it for you.

The only drawback for mint IMO is that you can't set budgets for future months.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/2/15 at 9:00 am to
Yeah. I just update them from my phone when I have some downtime. It takes probably 10 minutes a month.

I can't imagine excel working better than mint unless your bank isn't compatible with mint, in which case, you should probably get a new bank. I actually like u categorized expenses because it makes them easier to find and categorize. If they are recurring you can just set a rule or change them until the program learns what it is.
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