Hey, it’s me again, the Journey-Man. I spent some time this week looking back and realised that I need to track my progress. I need to make sure that I haven’t forgotten (or ignored) any of the valuable lessons I have learnt.…
Tag: track
If you don’t track your spending, savings and investments you’ll never know how to improve on them. It’s an easy step in improving your finances and really not that hard.
In fact you can get many free apps that help you track all your finances, and some can even do it automatically with minimal input from you.
Of course, if you’re like me and a little untrusting of such apps you may want to track things manually. Entirely up to you! What’s important though is that you track things so that you can set goals, manage progress and reward yourself when you’ve reached milestones.
Calculate your Net Worth
First published in City Press Knowing your net worth (and how to calculate it) can be both exciting and scary. Exciting if you’re doing well and your finances are looking good, but scary if not. Either way though it’s good…
Track your money, or lose it
Irrespective of your financial situation, how you manage and track your money is a whole different story; one which can have a huge effect on your finances
Spend less than you earn
The ‘not-very-secret’ mathematical formula for creating wealth and achieving the future you’re hoping for is not a complicated one; spend less than you earn
ETF Investment Update – November 2019
This is my second-last monthly update on my ETF investments where I tack my own investments and discuss my strategy. If you're new to this series then you can start with these ones for some background. What are ETF's? My…
ETF Investment Update – October 2019
This monthly update has become a bit of a tradition for 2019 and I will probably continue until the end of December. Have a look at my initial posts: What are ETFs My first ETF investment And here's last months…
Finding balance between saving and spending
It's not easy finding the balance between saving and spending. On one hand we work hard for our money and really feel that we deserve to enjoy it (which we do!). On the other hand though, we need to save…
What’s your Savings Rate?
I did a little Twitter poll recently and it's interesting to see that many people know what a Savings Rate is, but they don't know their own savings rate. That's a bit like know about healthy eating but not doing…
Using YNAB in South Africa
As I often mention in my posts, it's really important to budget and to track your expenses. In fact it's vital to good financial health! YNAB is a great tool which you can use in South Africa. There are numerous…
Penny wise but Pound foolish
This is a good old saying that's still very true and relevant today! Many people focus intently on managing their small expenses (the Pennies in the saying) but yet they're oblivious to their large and wasteful expenses (the Pounds). In…
#MoneyMonday – Know your budgeting weakness
I’ve really been challenged with my budget recently, specifically in terms of lending money. We all have a challenge though and it’s time to make a plan to fix things!
5 warning signs that you’re not in control of your credit card
Credit cards are dangerous things as they make it far too easy to buy stuff that you don't actually have money for! And what's worse is that the credit cards are marketed as giving you freedom, giving you things that…
Read More 5 warning signs that you’re not in control of your credit card