So Dave Ramsey says that there are two types of people in any marriage. The free spirit and the nerd. I just wanted to say that I am the nerd in my marriage. It’s not really a surprise and I’m sure none of you are shocked. But I was just laughing at my self.
I love Excel (okay, I use Open Office Calc but it’s the same thing only free!) and I have several spreed sheets for all our money things. I have one for our budget where I have all that we make and then all that we spend it on. Then I have columns for “weekly”, “monthly” and “yearly”. So for example we spend $30 a week on gas, which goes over to the next column for $120 a month and the next for $1,440 a year. Then that amount gets subtracted from the total that we bring home. And the goal is to make the bottom line as close to zero as we can. Now the problem with this budge is that we start with week then times that by 4 to get months then times that by 12 to get years. That will give you a 48 week year so I have an additional little section where I add in an additional 4 weeks. To this number I add in an additional 4 weeks of pay and then subtract out the things that we get every week (gas and food). Then that number should get us close to our real budget.
I also have a section for “Major Buys” and it’s pretty cool. I have a list of items and how much they cost (car, roof, air conditioner, oven, etc) and how long we expect them to live and then do the math to see how much we need to save every month to be able to buy that item when ever we are going to need it.
Next I have a “Home Mortgage” sheet. On this one I keep track of all our mortgage payments. I track the date, amount owed, principal paid, principal paid for that year, total principal paid and total # of payments left. It’s pretty cool, I like getting to see the total amount owed go down and the principal amount paid go up.
Anyways, if you managed to read all of that and get to this point in the post, I’m just wondering are you the nerd or the free spirit?
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