Scrubbing your Finances and Using A Spreadsheet
Hello Everyone!
In conjunction with some of the tools I talked about in our financial disciplines post, I wanted to offer two of the greatest financial strategies I’ve tried. They are so good they needed their own post: scrubbing your finances and the budgeting spreadsheet.
When scrubbing your finances, you simply take a detailed look at you bank statements and spending habits over the last 90 days to get an average of how much you spend on each category of your finances. When using a spreadsheet for your budget, you are able to have a real time view of the discrepancies between what you plan and what you spend. This pushes discipline to a new level, because you are checking and balancing yourself.
In the video, I speak on how to utilize each of these tools for the most effective results in your financial wellness journey. Similarly, I give a thorough talk through on how to set up these processes. You can follow along by downloading the spreadsheet using the link below.