WEEK THREE ACTIVITY: Decide which tools you will use to track your finances

It’s Go Time. Decide what tools you feel comfortable with and get started. 

If you want to stick with paper and pencil

  • Find a sturdy notebook
  • Figure out how you will format your information to make it understandable
  • Decide the frequency you will update your balances
  • Mark the schedule on your calendar with reminders, so the intention to update monthly does not slip months or even years…

If you want to use an Excel Spreadsheet / Google Sheets:

  • Start filling out your spreadsheet.  Pick a format quickly and start populating with your information.  If you think of a better format next month you can cut and paste everything into a new layout in the future. 
  • Decide the frequency you will update your balances
  • Mark the schedule on your calendar with reminders, so the intention to update monthly does not slip months or even years…

If you want to use all the online tools:

  • Pick the online tools that seem interesting to you.  All the options listed in this week’s content are reputable companies and a great place to start TODAY.  If you find an online tool with even more amazing features in the future, you can migrate your data at that time. 
  • Decide the frequency you will categorize your transactions and review your financial position
  • Mark the schedule on your calendar with reminders, so the intention to review weekly does not slip months or even years…

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