There’s a tab in my You Need a Budget (YNAB) page that says “Reports.” It’s a feature that I haven’t played around with enough yet, mainly because I’ve no head for reports and figures when it comes to money and numbers and finances. But I know that in three clicks, I can choose to have an automatically generated report on my spending, my net worth, and my income vs expenses. Since I have nine months’ worth of tracking my spending on YNAB, these reports have been very fascinating and very, very eye-opening.
I said that 2017 would be the year I built up my finances, as part of my Year of Focus. I’m pleased to say that five months into 2017 and I’m doing well with this goal, especially when compared to the pitiful progress I made within this same timeframe last year. I’m putting away money into savings each month, I have a partially funded emergency fund, and I am continually improving on how I manage my tendency to want to impulse buy things that would ultimately be deemed as frivolous. I’m saving for retirement, too, and have been my entire career, but since I don’t even see that money in my paycheck I tend to forget it even exists. I’d be lying if I said I knew what the balance on my retirement account is, but I do know that because I contribute every paycheck without fail and the magic of compound interest, the numbers are continually trending upward.