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by jasonriddle 1533 days ago
> 1. Do you use a spreadsheet? Did you build it yourself? Did you buy one that was already done for you?

I use YNAB for budgeting. I like the ability to choose between the mobile app or website depending on what I need to do.

I've been using a spreadsheet for tracking my net worth over time. I copied the template from someone else and just update it on the 1st of every month.

> 2. Do you use an accounting software (Quickbooks, Xero, Zoho, etc.)?

The only software I use is Quicken. I have it download all of my balances for all of my accounts to simplify updating my net worth sheet.

> 3. How do you like your current solution? Is it too complicated? Is it too overkill in terms of features for your needs?

It feels great right now. When I first started creating a budget, I overcomplicated it. It took a while to figure out how to make it simple, but it feels natural and easy to use now.

> 4. What would make it better for you?

I wish there was another piece of software that helped with downloading balances and transactions. Quicken is pretty slow and bloated and pricey. I've tried Personal Capital, but I wasn't comfortable with having my balances stored there. Quicken seemed secure, trusted, and offline-ish enough for me.

2 comments

I forgot to add. I have another spreadsheet to help with portfolio rebalancing. I'm sticking with three funds plus cash, and divide up the percentages so it's roughly 50% us stocks, 30% intl. stocks, and 15% bonds, and 5% cash. The spreadsheet helps me figure out the dollar amounts for each of those.
Interesting, what made you switch from spreadsheet to Quicken?