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re: Budgets - Some questions

Posted on 7/27/15 at 3:11 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39646 posts
Posted on 7/27/15 at 3:11 pm to
For your mint categories, you could just manually make new ones that are more broad.

Mint has Restaurants, Alcohol, and Fast Food as categories or something like that.

I grouped the foods ones up, but kept alcohol separate because that's something I want to know about wit specificity.

Posted by Croacka
Denham Springs
Member since Dec 2008
61442 posts
Posted on 7/27/15 at 3:32 pm to
I have about 30 mint categories in my budget and I always end up having a good chunk of $$ in the "Everything Else" category

Drives my OCD up the wall
Posted by GenesChin
The Promise Land
Member since Feb 2012
37709 posts
Posted on 7/28/15 at 10:40 pm to
We have a "Bill" account and all bills/groceries/gas/not fun stuff paid out of my account. Then we have 2 more accounts for personal items/fun

I manually (jk excel VBA ftw) categorize all bills spending at end of every month and bar graph it compared to budgeted amounts.

Budgets have built in reserve factors I made based on anticipated and previous experience. Reserve releases are determined at beginning of the year once acceptable reserves are met.


Tl:dr, in excel after I manually categorize spending taken from statements, I use VBA to graph budget categories for SO to understand. Once acceptable reserves are met for each category, extra profits are swept into our personal spending accounts
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