If you assume the concept of tracking depreciation is only for businesses, then you’d be wrong. I would encourage you to start tracking depreciation for anything valuable that you plan to replace. It’s a super simple process and a great tool to have in your personal finance toolbox. In this quick post, I’ll show you…
I wrote a few months back about how I do my budgeting. My general approach is to have regular monthly payments (utilities, Netflix and the like) managed through my current account. I then have a separate easy access saving account for non-monthly payments such as home insurance, dentist, haircuts and depreciation. I was using Marcus…
This post explains how to make a life plan using a spreadsheet. There are good reasons to have a plan in life; for starters when you write down stuff it’s more likely to happen (you become accountable). You’ll also be forced to ponder deep and philosophical questions, like: what’s my purpose in life? My life…