As I recall, that was the opener of a very old telly ad for Mastercard. The point being, by using a Mastercard you always knew where your money had been spent. Clever marketing.
Update to 2021. I use Quicken. My financial records go back to 1999. Yes, I'm OCD about money. Income, outgo. I have a belt and suspenders approach to my personal finances. Quicken and multiple Excel spreadsheets. But Quicken is my oracle.
Yesterday I paid my last bill for 2021. Once the data was entered into Quicken/spreadsheets, and all were backed up, it was time for the annual "where did it all go?" report. I consulted my oracle.
I spent 53% of my 2021 income, saved 47%. Highest expense categories were: condo, medicare insurance and cash. Here's what really interested me. Comparing 2021 with 2020, my overall expenses in 2021 exceeded 2020 by only $61.05. It doesn't get better than that. My budget plan works.
Here are my 2022 New Year's resolutions:
-- Stay healthy. Wear my mask. Practice social distancing.
-- Stick to my budget.
Wishing all the joy and bounty of the New Year.
Penny Pincher
No comments:
Post a Comment