Nice! Yeah I’ve been doing this for about a year, and I’ve been really happy with it. Minimal overhead, but I don’t lose any information (and I don’t have a mess of hidden categories at the end).
Nah, adding the hashtag to the memo takes a couple minutes at most. I think that YNAB toolkit will do this for you too, but I’ve never used it so I can’t say definitively.
Then when you delete the category, it’ll ask you where you want to move your transactions, so that part is easy.
My take:
That’s how I feel anyway, so how I do it is:
#2023-10-my-trip
), then I delete the category and move all those transactions to a generic Travel category.This way, I can still differentiate between trips if I want to go back and look, but I also get to see an overall view of my travel spending (without cluttering my everyday categories).
Pretty painless, works well for me.
I’m not familiar with WalletHub, but quick searching say it seems like it’s mostly a credit reporting tool?
Just by virtue of having credit cards and bank accounts at a few different places, I already have a few options for credit reporting (Chase, Capital One, etc). Is there a benefit to using WalletHub over just some of the simple bundled stuff?