Re:Ask HN: How do you track your finances?
by jasonriddle on Thursday April 07, 2022 @07:54PM
(#30951738)
I forgot to add. I have another spreadsheet to help with portfolio rebalancing. I'm sticking with three funds plus cash, and divide up the percentages so it's roughly 50% us stocks, 30% intl. stocks, and 15% bonds, and 5% cash. The spreadsheet helps me figure out the dollar amounts for each of those.
Re:Ask HN: How do you track your finances?
by hugohamelcom on Saturday April 09, 2022 @04:21AM
(#30966173)
Interesting, what made you switch from spreadsheet to Quicken?
I use YNAB for budgeting. I like the ability to choose between the mobile app or website depending on what I need to do.
I've been using a spreadsheet for tracking my net worth over time. I copied the template from someone else and just update it on the 1st of every month.
> 2. Do you use an accounting software (Quickbooks, Xero, Zoho, etc.)?
The only software I use is Quicken. I have it download all of my balances for all of my accounts to simplify updating my net worth sheet.
> 3. How do you like your current solution? Is it too complicated? Is it too overkill in terms of features for your needs?
It feels great right now. When I first started creating a budget, I overcomplicated it. It took a while to figure out how to make it simple, but it feels natural and easy to use now.
> 4. What would make it better for you?
I wish there was another piece of software that helped with downloading balances and transactions. Quicken is pretty slow and bloated and pricey. I've tried Personal Capital, but I wasn't comfortable with having my balances stored there. Quicken seemed secure, trusted, and offline-ish enough for me.