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Retirement Discussions / Retire Early CampFIRE

URL:  http://boards.fool.com/i-did-some-of-the-exercises-in-the-book-but-found-13000816.aspx

Subject:  Re: Your Money or Your Life Date:  7/25/2000  10:00 PM
Author:  yolita Number:  13743 of 734645

I did some of the exercises in the book, but found the tracking of expenses and plotting of portfolio growth the most valuable. It takes a little time to track expenses (I just get receipts everywhere and add it up later), but it's really useful in understanding where the money goes. It's also great for budgeting or deciding what those RE expenses will look like. It also helps you identify if you are spending money on the important things.


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