As the years go by and my family gets larger, the task of managing the budget and cashflow has grown in complexity and my trusty ol' spreadsheet is feeling a little inadequate. I'm looking for some advice/ideas on how others plan and manage their finances when you have things like:
- Multiple, variable income streams (2 W2s, RSUs, real estate rental income)
- Fixed monthly expenses (mortgage(s), subscriptions, bills)
- Variable monthly expenses (groceries, gas)
- Fixed yearly expenses (kid tuition, travel)
- Investments (401k, ESPP) + retirement targets (total NW, age)
Specifically, I am looking for a system that manages away some of the complexity and leaves my wife and I with some tools and accountability for how much we spend out of pocket month over month in various categories. We don't mind manual entry, but I am hoping to avoid straight up manual transaction entry + reconciliation for every dollar of outflow...but perhaps that's unavoidable? Curious to see how the folks of HN do this and what ideas I might steal.
- Multiple, variable income streams (2 W2s, RSUs, real estate rental income) - Fixed monthly expenses (mortgage(s), subscriptions, bills) - Variable monthly expenses (groceries, gas) - Fixed yearly expenses (kid tuition, travel) - Investments (401k, ESPP) + retirement targets (total NW, age)
Specifically, I am looking for a system that manages away some of the complexity and leaves my wife and I with some tools and accountability for how much we spend out of pocket month over month in various categories. We don't mind manual entry, but I am hoping to avoid straight up manual transaction entry + reconciliation for every dollar of outflow...but perhaps that's unavoidable? Curious to see how the folks of HN do this and what ideas I might steal.