Our Frugal Lifestyle

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Passionate about eco-frugality. I used to party hard, clubbing my way from pay-packet to pay-packet. Never getting ahead, just getting by. Then came our much wanted baby with no savings in the bank - only an old car. Changes were made to our lifestyle and we didn't turn back. In the past 6yrs we purchased a flat, found employment, lived below our means, built an emergency fund, purchased a reliable car and saw the financial benefits of our frugal lifestyle. Our only debt is our mortgage. Our aim is to manage our cash flow wisely, pay off our home quickly and eventually work for pleasure, not necessity. Join us on our journey, share insights, tips and tricks to help us and others to get ahead while having a good time.

Sunday, May 8, 2011

Taking Stock of my $$$

I decided enough was enough and put 30 minutes aside each night to sort out my finances, get my 2011 budget finalised and complete all pending items to do with $$$. I entered the most important jobs in my calendar as to do them in small blocks of time. This way I aim to reach my own goals and those that the Financial Coach encouraged in my FREE 1 hour one on one meeting.

I have a great Japanese Budget Diary I purchased in Paris earlier this year - but have not used it to it's full capacity. So I pulled it out of my handbag along with my wallet and got busy.
My 5 year old wallet and 2011 Diary
I went through all my dockets, entered amounts into my diary and placed them straight into the rubbish bin when completed. My wallet in now manageable and I feel such a relief after putting this boring job on hold for so long - and actually it was not boring, it was surprising pleasant and freeing.
Updating my spendings and up coming events.
I then entered all the fun free activities and other events that are happening around my town so as to keep on top of all opportunities.

I've found spreadsheets and electronic diaries don't really work for me. However I love note books and hard copy diaries. What about you, what works for you? How do you keep track of your finances? Do you budget, use jars, keep tabs, have envelopes?

1 comment:

  1. I have a small diary that I take everywhere. I write down all important dates etc, bills due and any events I come across. I would be lost without my little diary :-)


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