4 am yikes!!!SSI said:get up at 4 am ----- every morning..
carry a briefcase with me, everything i need is in there..
day is pretty much planned... from wagers,,, to my business, to my workouts..
really. I have had a microsoft money disc sitting next to me for 2 months. I think I may start that up now that cbb hoops is winding down. Any other pointers on this. Sounds VERY interesting.Christian said:a couple years back i was incredibly bored and decided to open a microsoft word document and try to figure out my exact net worth...
i tallied up my bank accounts, stock accounts, bills and money owed, money offshore for gamling, etc. etc...it was just a way to kill some time.
then, for some reason, i went back the next day and re-tallied everything, factoring in whatever money i spent that day....
i never stopped doing it. each and every evening (after the games are done and the stock markets are closed) i figure out my exact net worth, right down to the very penny!
it's like a little ritual i look forward to every night...plus it's definitely helped me save money by seeing exactly what i spend each day (again, right down to the exact penny even!)
have did something similar in the past with just a pen, calculator and paper. Every monday morning and compare to 4 mondays previous. Gambling really was the most erratic column. Orgainzation is the key. You can't go forward if you aren't orgainizedChristian said:actually i just used a wordpad, nothing fancy, and made columns like this:
BANK ACCOUNTS $XX,XXX
STOCK ACCOUNTS $XX,XXX
GAMBLING MONEY OFFSHORE $XX,XXX
CC BILLS -$XX,XXX
TOTAL $XX,XXX
that's it, just a couple lines of info, nothing more. and i update it each and every night. i check my bank accounts, credit card statements, brokerage accounts for stocks and offshore books and tally up the figures. it doesn't take anything fancy.
my net worth varies quite a bit day-to-day obviously (i'm a dime a game bettor so there are days i win thousands and days i lose thousands) but i love the feeling of being well-organized financially and knowing exactly where my money is, how much i have, etc.
most people have no idea how much they spend monthly, let alone daily. you'd be surprised how you can find ways to save money when you know exactly where all your money is going each day. and it only takes about 10-15 minutes per day to look up all the info at your bank, brokerage house and offshore books' websites each night.
Black Bart said:I'm nowhere near as fanatical as some of those guys above, but I do balance my checking accounts online every morning.