I’ve always understood the value of personal finance, and been interested in tracking and managing my money. I started recording my own personal finance transactions in a log book when I was about 11 years old, and I’ve done it ever since.
The tools have improved. I went from a log book, to a journal, to Quicken, to spreadsheets and now I use YNAB. It’s an integral part of my life.
I could still make improvements, however. I came across this blog where the author has documented his spending trends for the year. I like the concept of having a documented, personal Annual Report.
This is something I might try to do this year, to support the raw numbers that I collect.