If we have more money in our accounts, we’re definitely better off and more financially secure, right? Peter once again touches on the myths around financial freedom and spending after a conversation with a friend who manages more than $1 billion in assets for several wealthy families.
We’ve been asked quite often whether we offer a budgeting feature in any of our templates. The first of our new budgeting features is one that we’re now sharing from Derek Olsen with How Do I Money. This template is live with Tiller, and in this week’s blog Derek shares his experiences with budgeting and using this template.
Any achievement requires a series of small steps to ensure success. These steps are often tracked until the desired outcome is reached. Finances are no different. We decided learn more about how tracking finances affects the lives of those who choose to do it. The results are astounding.
We often write about spending and whether it aligns with our values and priorities. In fact, the answer to that riddle defines our lives. We're excited to announce the release of our latest template that guides us through an exercise to tune our spending and values: Values-Driven Budgeting (inspired by Carl Richards).
Just because they’re hidden to the far right on your Transactions tab doesn’t mean they’re not useful. Learn about four lesser-known columns that are populated with some helpful data for your money management.
While a higher income might seem to be the key to achieving our financial goals, making more also makes it easier to spend more on unimportant things. Spending towards our goals, rather than what’s comfortable or convenient, is the key to reaching those goals.
Peter has been spending money on the house while his son raises money to send an orphan to school. Where do we spend our precious dollars? Spending with intention starts with knowing where you’re spending. Read more about how his family navigates this tricky space.
No matter where you are on your financial journey, spending matters. Peter shares some thoughts on his own financial journey and why spending is so important, even to the world's wealthiest.