re: How often do you pay your CC balance?

quote:

---

also keep an excel file in which I track every single transaction I make, daily changes to brokerage accounts, etc. It takes some work, but I enjoy it, and have found that I've made bigger strides in my net worth since doing all this than before when I was just winging it.

---

When I don't do this I spend like the US Congress

I have all my fixed expenses (RE Tax, Insurance, car notes) hit a sperate checking account - funded each paycheck. I think this is envelope method. I have some direct deposit hit savings. So paying weekly is just monitoring just for budget

quote:

---

I also keep an excel file in which I track every single transaction I make, daily changes to brokerage accounts, etc. It takes some work, but I enjoy it, and have found that I've made bigger strides in my net worth since doing all this than before when I was just winging it.

---

I keep a file, as well. We have a small business, and it's part of the normal record keeping for us. I also can trend and forecast what we spend over time a little easier with the data. Since it's multiple CCs with certain spend on each, you can tell which category is spending high. I did this before we had a business, as I used to do MS for travel. Now, it's just a leftover system that works very well for us. We also pay down twice a month because things in life come up that can push a single day out a few days and cause an issue (don't ask me how I know).