Comments on: The Cart and the Horse http://blog.budgetsketch.com/2010/07/12/the-cart-and-the-horse/ Changing How We Talk About Money Wed, 14 Jul 2010 00:32:41 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dewayne http://blog.budgetsketch.com/2010/07/12/the-cart-and-the-horse/comment-page-1/#comment-26 Dewayne Wed, 14 Jul 2010 00:32:41 +0000 http://blog.budgetsketch.com/?p=353#comment-26 Hi Wilbert,<br><br>I appreciate you offering your experience. I love your ideas, and as you were describing how you use your credit card as a spending tool with a set limit per month, it makes me think of it as a higher tech version of the coffee can approach (which I use actually!). <br><br>I encourage you to offer any other best practices you feel appropriate to share, and certainly appreciate your kind words! Hi Wilbert,

I appreciate you offering your experience. I love your ideas, and as you were describing how you use your credit card as a spending tool with a set limit per month, it makes me think of it as a higher tech version of the coffee can approach (which I use actually!).

I encourage you to offer any other best practices you feel appropriate to share, and certainly appreciate your kind words!

]]> By: Dewayne http://blog.budgetsketch.com/2010/07/12/the-cart-and-the-horse/comment-page-1/#comment-27 Dewayne Tue, 13 Jul 2010 19:31:00 +0000 http://blog.budgetsketch.com/?p=353#comment-27 Hi Wilbert, I appreciate you offering your experience. I love your ideas, and as you were describing how you use your credit card as a spending tool with a set limit per month, it makes me think of it as a higher tech version of the coffee can approach (which I use actually!). I encourage you to offer any other best practices you feel appropriate to share, and certainly appreciate your kind words! Hi Wilbert,

I appreciate you offering your experience. I love your ideas, and as you were describing how you use your credit card as a spending tool with a set limit per month, it makes me think of it as a higher tech version of the coffee can approach (which I use actually!).

I encourage you to offer any other best practices you feel appropriate to share, and certainly appreciate your kind words!

]]> By: Wilbert van Bakel http://blog.budgetsketch.com/2010/07/12/the-cart-and-the-horse/comment-page-1/#comment-25 Wilbert van Bakel Tue, 13 Jul 2010 18:07:11 +0000 http://blog.budgetsketch.com/?p=353#comment-25 Most transaction tracking software are excellent tools to see trends and areas of improvement.<br>If I can see a weekly average of my groceries, I'm able to evaluate my financial behavior in the store.<br>I see many 'budget features' being based on the total income and the total expense and the difference is supposed to grade your net value.<br><br>My budget should not include fixed scheduled transactions, like mortgage/rent and bills. They are pretty much the same every month. My budget should only focus on variable expenses: gasoline, groceries and dining. When I monitor my financial behavior, I want to hide the fixed expenses.<br><br>I charge one credit card for all gasoline, groceries and dining/fast food transactions and I pay the full amount off every month. I have set my 'allowance' for these items and the balance of my credit card tells me how well I'm doing.<br>More or less I'm able to turn the variable expenses into another 'fixed bill' and this helps me to determine how much money is left for a debt plan or savings.<br><br>With the help of Budgetsketch (and ignoring unexpected expenses) I already know what will happen in August with my balance, based on current information.<br><br>Thank you very much for offering this priceless financial planner! Most transaction tracking software are excellent tools to see trends and areas of improvement.
If I can see a weekly average of my groceries, I'm able to evaluate my financial behavior in the store.
I see many 'budget features' being based on the total income and the total expense and the difference is supposed to grade your net value.

My budget should not include fixed scheduled transactions, like mortgage/rent and bills. They are pretty much the same every month. My budget should only focus on variable expenses: gasoline, groceries and dining. When I monitor my financial behavior, I want to hide the fixed expenses.

I charge one credit card for all gasoline, groceries and dining/fast food transactions and I pay the full amount off every month. I have set my 'allowance' for these items and the balance of my credit card tells me how well I'm doing.
More or less I'm able to turn the variable expenses into another 'fixed bill' and this helps me to determine how much money is left for a debt plan or savings.

With the help of Budgetsketch (and ignoring unexpected expenses) I already know what will happen in August with my balance, based on current information.

Thank you very much for offering this priceless financial planner!

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