Recommendation for software/ apps (lemmy.world)

submitted 7 months ago by root@lemmy.world to c/personalfinance@lemmy.ml

2 comments fedilink hide all child comments

Hello,

So I recently revisited (and recreated) my savings spreadsheets so that I can track my needs, wants and savings. To try to keep track of my fixed costs and also try to follow the 50/30/20 rule (not sure if this is a good strategy or not).

I have everything mostly sorted, but as new things come up, say a new subscription or a cancelled one, changes in rent, etc. It will be a bit of a hassle to keep this up to date.

Are there any software/ apps that you guys use that you like that make this kind of thing easier to see where your money is going?

top 2 comments

sorted by: hot top controversial new old

[-] PrecisePangolin@lemmy.ml 3 points 7 months ago

I always recommend some sort of envelope system where you assign every dollar a job. Create categories for your expenses and then you can deduct from those by adding payee transactions. Actual budget has a self hosted option for free and YNAB has a subscription model I believe.

[-] root@lemmy.world 1 points 7 months ago* (last edited 7 months ago)

Thanks for the reply! I'll look into these!

Update: Ended up installing Actual and it's pretty nice! I think I'll also check out Quicken and YNAB (for non self-hosted options).

this post was submitted on 17 May 2024

10 points (100.0% liked)

Personal Finance

3866 readers

87 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml