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The Money Edit is for women who are passionate about personal finance and financial independence.

This is a place to change your mind about spending, saving and living your best life.

My Little Black Book

My Little Black Book

There's something about writing things out that grounds me. The act of putting pen to paper is cathartic, connecting deeply with your thoughts and letting them out of your head. I always keep a good old paper agenda to track my progress in both personal and money goals.

Once you put the effort in to figuring out your net worth, what your debt is worth and how much cash flow you have every month, you need to actively track your progress toward your goals.

This is where my little black book comes in. I use an 18 month Moleskine planner, however in the beginning of my money journey, I used a notebook with monthly calendars taped to the pages. Do whatever works for you and your budget!

Here's how I organize my notes:

  • On the weekly pages, I keep track of any money that we're making, claiming (insurance, work expenses) and getting from our side hustles and calculate how much we can save each month. I also track all of our expenses and the dates they need to be paid. This helps me maximize our cash flow by paying bills about a week before they're due, no earlier.
  • I use the monthly calendar to track bills, confirmation numbers and dates paid.
  • I use the first page of every month to set a money intention for that month. It could be saving a certain amount, increasing your cash flow by a certain amount, reading a particular money book, bringing my lunch to work every day, etc. It's fun to focus on one thing at a time and do that well. You can set intentions in any area of your life!
  • I use the notes section to record my goals - including health, personal, financial and career goals.

How do you keep track of your money and goals? Electronically? On paper? I want to know!

 

Conscious spending & the value of a dollar

Conscious spending & the value of a dollar

The Ditch Debt Series

The Ditch Debt Series