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by names_are_hard
1750 days ago
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This is the philosophy behind the FOSS app I developed for my own system. The way it works is that I track the big stuff and ignore the little stuff. Periodically (typically every month but it doesn't have to be) I enter the current balances of my bank accounts. I have a report that does how much money I spent per period that is unaccounted for, that's money that got spend on "miscellaneous". As long as that number is beneath some threshold that I consider acceptable I let it be. If it's high, I might look back and try to determine where my money went and make adjustments. The guiding principle behind this approach is resilience to laziness. It's not an all or nothing system, instead it gives me whatever I give it. If I am busy and don't enter as many transactions, no worries - I'll just have more in the miscellaneous category. If I don't track my balances every month, the period will be longer. But the system always "balances". The system also serves as a log for bigger purchases. When did I buy that fridge? How much did I pay? What is the exact model number of that piece of equipment in case I need to buy it again? I can search my transaction log. |
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