Budget tracking
I’ve mentioned on here before that for years I have done my budget tracking using a file of many spreadsheets, many links between them. Manually intensive. At the start of a new year I start a new file, zero out previous entries, and start with the end of year balances. Time consuming and of course subject to fat finger errors. No links to outside resources such as bank accounts or credit cards. It has served me well over the years. I often make changes, even if temporary. But the reality is in event of my demise, no way Sophie would keep it up. When we do sit down and go over it, she always remarks that she’s going first so doesn’t need to learn.
back when we met, her budget was write a check, enter number rounded up to next dollar. Don’t write check if no money. Very effective, but those were simpler days.
And this past year+ I’ve been working with the kids with a much simpler file to guide them out of debt. Now we are about to transition to a new phase which requires a different tracking approach. One that weans me away from the mechanics.
Given these 2 scenarios, I’m thinking maybe I should transition to a commercial budget system, something that once setup is easily maintained, ideally just add new transactions.
Any feedback from anyone here using a program/app would be appreciated, both the good and not so good. I’ve just started researching and boy the landscape sure has changed since my Quicken days. At first glance, free apps have restricted functionality until you convert to paid. Something with a free trial period would be nice, but prefer not to have to setup and abandon multiple systems until finding the right one.
Appreciate your input.