Obsessive?

Skinnylatte

Yes I do this too, and from the sound of it we're completely normal. I check in on my credit cards even though i know they've not changed. I spend ages looking at the debts, planning and calculating. I update my spreadsheet and check my bank balance every day.

boobiebonboo

Checking my bank online and scribbling on bits of paper is great for me. I have many note pads that i write in and to be quite honest it keeps me on track of what i am doing with my money. I do this everyday and it makes me happy that i am in control of my finances

Firewalker

I was really bad with this one: I checked accounts, I tweaked spreadsheets and I lovingly gazed at the decreasing numbers.

In retrospect, it may be a bit of waste of time. But checking regularly keeps you focused, motivated and in control.

Btw, I still check accounts every other day or so...

Firewalker

fevlo

Check my ballance on my online banking ever day and then again if I have spent on my Debit card to make sure its been taken off my avaliable ballance.
I keep a running avaliable ballance on my phones notes app so i know what I have to spend as not all debit card transactions come off my avaliable ballance instantly.

I have my spreadsheet which I work to and use it most days through the month even if it is to double check my figures or see how to best move around any surplus money.

Im glad im not the only one :-)

Coinmachine

ditto to all of this. Does anyone know of a formula to use on a spreadsheet to show the drop in debt by percentage, I have seen some signatures on here referring to the percentage of debt paid off, I know I could probably work it out but just wondered if there is a formula that does it.

fevlo

Origional Debt amount = C1
Current Debt amount = C2

Formula:.....

=SUM(C1-C2)/C1

and make sure the cell is formatted as percentage cell (Right click on cell, select format cell and select Percentage from the Number tab)
or add *100 to the end of the formula making =SUM(C1-C2)/C1*100

Ofcourse you need to subsitute the cells C1 and C2 used as an excample for your own cell numbers

araminta

Hi All

Glad I am among similar minded people here, I check my spreadsheets several times a day even if I have nothing to add or change and I also hurry the end of the month along so I can make larger payments and watch the figures drop. I agree with others who have said that it keeps you on track and better to know to the penny how much is left owing rather than the good old head in the sand strategy. I was actually starting to worry that I was becoming too obsessive but reading the other comments has made me realise that this is a good obsession to have as it means we are very much in control of the situation

RebelRed

I've seen a lot of you talk about spreadsheets and I'm wondering if you can guide me to a thread or enlighten me about them please? I start my dmp on the 10th of March and f a spreadsheet could help me with the process I'd like to start one

mobo1980

I do this too ,on my days off when i've got time on my hands especially, I go on catalogue and online banking and then i've got lists of debts that i highlight as i pay off

TooClumsy

Yes! I have to look at my spreadsheet at least once a day!

So glad I'm not the only one! I have uploaded mine onto skydrive so I can access it from anywhere and hubbie can update his figures from where ever he is.

Hubbie is still trying to convince me to get a joint account as at the moment, all the bills are coming out of my account-so there are a fair few formulas in the sheet to count the right things coming from both of our current accounts.

We only forecast a month or two in advance and then I have a separate workbook for our savings. I am thinking of putting in a YTD sheet to freak ourselves out on £x spent on apps/ebooks/eating out etc.

Atm, we are living with in laws rent free-I guess we would have to have a joint account set up when we have an house deposit egg laid and ready to hatch