In retirement the single largest factor under my control is spending. Therefore, I need to understand historical and current spending against my financial plan. For 2021 this will require me to adjust categories and tags in Tiller so that reports align with how the plan was structured. The plan structure is fixed so I need to ensure that my reports align.
The financial plan is my guide for retirement success. Given the unprecedented events in 2020 I am going the re-baseline my plan in January 2021 using 3-years of historical data from Tiller.
I’d recommend starting a separate topic over here Spreadsheet Templates > Get Help and let us know specifically which solution you’re referring to. I’m not aware of one that’s specifically called “Spending Tracker”
My goal is to learn to use Tiller good enough to have it feed into Ms. Hanna’s Planning Bundle. Once that is accomplished then I hope to create a retirement plan to last me well into my 90s.
My #1 Goal for the year is to open college savings accounts for my kids! I don’t want them to be in the same boat as me with student loan debt when they graduate.
These are great @amraroyse! Sticking to a budget helped me a long time ago to stop living check to check as much as possible. And I’ve never thought of making a goal to stay within a certain % of my budgeted cash flow. I think I’m going to steal that one!
My #1 financial goal for 2021 is to align my spending with my values since we use our dollars to vote! For example: supporting local businesses vs. amazon and big box stores, buying organic food vs. conventionally grown food, buying used vs. new, etc.
Since Tiller makes it easy to track all of my transactions and spending, I am excited to see how I can make a difference in the world one dollar at a time.
Top goal for 2021 - set up an automatic savings withdrawal each month from checking and then DON’T transfer it back to pay bills!
Another smaller goal - find those pesky “leaks” and try to rein them in. My family consumes too much Starbucks, for instance!
My big financial goal is to be consistent with tracking my income and being more aware and reflective of my discretionary spending vs. my essential spending. I know that tracking my expenses is going to be key to anything else I need to do (eliminating $55,000 in consumer debt is my main thing). I know that I will succeed this time.