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Old 03-10-2009, 12:26 PM   #7
rack04
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Join Date: Oct 2008
First Name: Justin
Location: Dallas, TX
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Default Re: I totally suck at bills.

I have an excel spreadsheet that I track all my purchases. This not only allows me to know where my money is being spent but also tells me when it's due. I separate all purchases into the following categories:

Groceries (self explanatory)
Gas (self explanatory)
Retail (includes general shopping and miscellaneous items)
Health (includes copays and prescriptions)
Entertainment (includes alcohol, cigars, and all my habits)
Bills (includes rent, water, electricity, etc.)

Using this spreadsheet I can tell where I need to cut back, ie. entertainment. It helped my wife and I transition to one salary. In fact just today while inputting my receipts I found out that a Mexican food place that my wife and I ate at last week overcharged me $20. I probably wouldn't have noticed this if I wasn't anal.
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