![]() ![]() In term of investments, I tend to prefer long term investments rather than short terms one. I do own an apartment in a EU country so I'm still invested in the EU going well. I used to have more Euros but got scared before the Brexit vote and decided not to have too much liquidity in Euros for now. Even though I live in France currently, I mostly keep my money in JPY and USD since this is the money I get from customers. Most places where I go have PayPass enabled terminals. Most of the time I don't even get my wallet out and just use my phone to pay for things. I keep my wallet as empty as possible and only carry the bare minimum I need for my day to day. If my wallet disappears and departs from my life I don't have any downtime I just switch over the backup while replacements are on their way. I'm not a fan of wasting time.Īs a contingency against losing my wallet (which has happened exactly once!) I have a second set of bank accounts and credit cards. I used to diligently keep track of every expense but it didn't really add anything to my life so I stopped doing it. Other than this, I don't really do anything magical or fancy. In essence, with this separate ATM account and my credit cards, I'm keeping my cash in cold storage until it's go-time. ![]() I have this separate account in case the card gets skimmed. It takes about a minute or so from app launch to available funds. The account behind that card has a nil balance unless I'm about to get cash, in which case I just use a banking app to do a quick transfer. I have an account and a debit card that's only for ATM usage. I know how much comes in and my spending habits are fairly predictable, so nothing too fancy.įor obvious reasons I tend to charge everything to my credit cards and then just pay them off before the due date. The most important thing - if you're married/living together/in a relationship - talk to your partner! Explain your priorities, talk about realistic goals, work out how you'll split bills etc. I don't need spending alerts, to make sudden payments etc. Sadly, my bank doesn't offer mobile banking, but I'm happy enough with Web access. Hardest thing to track is ad hoc payments through PayPal - either to people or as payment from friends & companies. So I let my pension fund do that work for me. There's no way I can compete on the stock market with people who do it full time and have billions to play with. Similarly, I try not to use cash - far harder to track spending. No cheques - thankfully their use is in the way out in the UK. Some companies are more helpful than others at moving them. I try to align Direct Debits (regular monthly payments in the UK) so they come out on the same day / week. Should probably break that down further so I can see where we're wasting money. I treat credit card spending as a "Black Box" only recording the monthly payments out. My bank allows me to export statements in CSV or Quicken(?) format, but it is often easier just to key them in manually. ![]()
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