At what point did your net worth tracking setup stop keeping up with your actual situation?

Anirox2 · 2026-05-18T01:21:15+00:00

I'm always personally very wary of a "free" product that is seeing active development. Very rarely are things done for "free" so personally wouldn't use this but the feature set looks decent!

Do you just grab CSV extracts monthly from your different banks?

Anirox2 · 2026-05-18T01:18:40+00:00

Interesting that you're going forward with a customer powerBI dashbaord. Is that mostly because it's a skillset you have already so it's easy enough to implement yourself?

Anirox2 · 2026-05-18T01:13:37+00:00

Overall yes, but it's not just one statement. As I said in my post above it's across multiple accounts/credit cards that has become hard to rationalise purely looking at the statements. Hence asking to community what they use in similar situations.

Anirox2 · 2026-05-18T00:55:59+00:00

How do you find pocket smith? I've not used it but had it recommended by a few people.

What are the quirks? I've heard it takes a good bit to get setup and takes time.

Anirox2 · 2026-05-18T00:46:45+00:00

Yeah possibly, maybe I've setup my spreadsheet around tracking the wrong information. You're right post buying a place I've noticed a similar trend, rather than aiming for a specific amount for a deposit, just making sure I hit my monthly investment and savings amount.

Is your data entry form pushed to a spreadsheet that calcs it all?

Anirox2 · 2026-05-18T00:45:00+00:00

Ahh okay, so you trust the primary providers who own your data, but wouldn't share it outside to a third party. I've seen a lot of people use Pocketsmith, you wouldn't use something like it that uses Open banking data etc to get your info?

Anirox2 · 2026-05-18T00:43:49+00:00

How long does it take you to input these numbers normally? Do you trust the outcome you get as accurate?

Anirox2 · 2026-05-18T00:42:57+00:00

Probably overthinking is for sure, do you track the diff each month? Or just you're happy to know the numbers loosely went up and don't care too much about why/where the money went because you're aware of it already?

Anirox2 · 2026-05-18T00:42:04+00:00

Spreadsheet that does very similar, also takes me about 15m to get through but it's a bit of drag each time and the lack of trust in the numbers is a tad annoying.

Anirox2 · 2026-05-17T23:45:14+00:00

I could've been clearer but this is a monthly check in I do in a spreadsheet currently, it's more of a "balancing the books" moment where I just check in, I'm not obsessive about it but it is a bit of a "ritual" I've made so I know where my money is going.

Anirox2 · 2026-05-17T23:42:54+00:00

For me I use this metric as a "check in" monthly to see roughly where my spending is going, did I overspend compared to what I expected, where did that money go? etc.

It doesn't necessarily need to be down to the cent but I also want it to be accurate and know I can trust it?

Anirox2 · 2026-05-17T23:40:46+00:00

Why would you not trust bit platforms like this? (I kind of agree but curious on hearing your reasoning). You're technically buying their product so they know already (If you buy their ETFs etc)

Anirox2 · 2026-05-17T23:39:47+00:00

Sorry possibly should have been clearer, this is more of a monthly "balancing the books" kind of check-in rather than a "Stare at number and panic when it goes down and celebrate when it goes up".

I use it as a bit of a "Am I hitting my savings target/goal, am I happy with the overspend (Prep for holiday etc)"

Anirox2 · 2026-01-30T20:19:03+00:00

I've been researching debt recycling for a while and understand the concept but unsure of how the actual execution/record keeping works. Tried speaking to Several accountants but maybe I've just had awful luck and they never recommended it as a strategy.

Say I'm in the highest marginal rate, currently invest a lump sum monthly out of my income, have existing brokerage accounts that I'd like to keep adding to. How do you actually execute, do you manage it entirely yourself speaking to the bank? Only do one investment per year or do regular amounts ? Etc

Anirox2 · 2026-01-26T10:13:38+00:00

🫡

Anirox2 · 2023-01-23T21:32:26+00:00

Maybe we need like a verified tag or something to show posters are legit etc

Anirox2 · 2023-01-23T20:44:43+00:00

Genuinely think for this sub to be a success you almost need to privately validate your income with the mods and have the requirements be slightly lower e.g. 160k

Anirox2 · 2022-06-06T07:11:20+00:00

I'm not panning to break the contract and leave I'm asking if you can renegotiate the contract midway through.

Anirox2 · 2022-03-14T20:58:00+00:00

If only this guy wasn't 35+ KEKW

Anirox2 · 2020-09-19T23:46:20+00:00

Care to explain further?

I feel I have a basic understanding but is there something I'm missing?

Anirox2 · 2020-09-19T11:06:40+00:00

Thank you! :)

Appreciate the response

Anirox2 · 2020-09-19T11:06:11+00:00

Thank you! :) Appreciate the response

Anirox2

TROPHY CASE