Contributed by cc | June 1, 2005 11:23 AM PST
This is my first month of setting financial goals and tracking my progress via the Common Cents blog. The items below is what I plan to work on during the month of June. I'll update my progress along the way.
- Develop a system to track my Net Worth. Most likely this will be in excel to begin with (I'm already a heavy Quicken & Pocket Quicken user). Target to have this done is June 15th.
- Determine which ratios & measures are needed to create my Personal Finance Dashboard.
- Do I also need a retirement tracking device as well?
- Research insurance options for engagement rings and figure out if I really need it.
- More wedding stuff -- we have to order invitations this month. How much can we do ourselves? Can we save money on this part of the wedding?
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June 2005: pf Dashboard (June 16, 2005)
I have completed my Financial Dashboard and Retirement Tracking tool. I will begin publishing the results monthly -- on or around the 15th of every month. I haven't figured out an easy way to post this as a table, so this month the results will ... Read
Calculating Home Equity (June 03, 2005)
I'm working on a method to track my Net Worth on a monthly basis and display my personal finance key indicators on a dashboard. Part of this process is figuring out a way to calculate Home Equity. The factors I'm taking into consideration are discussed ... Read
You probably need insurance on the engagement ring.
In my policy it is called a personal articles floater, with no deductible, and includes losses in the house, or out, traveling or close, accidental or criminal. The cost is about $200 a year. ^ Thanks for the advice! That sounds exactly like the policy I'm looking for.
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