A round-up of good stuff!

This email is going to be a bit like “mustgo” dinners. You know, like when you eat random stuff in your fridge because they “must go”, and it all ends up delish, but also a little bit of this and a little bit of that.

So let’s dive in!

The Monthly Report is up!

A little later than normal, but that’s okay. (At least, I’m telling myself it is!) I changed up how the quantitative data is presented (yay for an even more bird’s eye view!) and talked about diving in ConvertBox. (spoiler: I love it!) As usual, if you’d like to check out previous months’ reports you can do that here.

The Feel Good Budget Planner is now available in Excel format

This was a suggestion from a reader and I was happy to oblige. Because not everyone uses the Google workspace and I respect that! (Also, Excel is WAY better at some stuff than Google Sheets. Hint hint Google Sheets. Get your head out of your arse and add a subtotal/grouping function, please and thank you!) Anyway… The super awesome $9 planner is now available in both Google Sheets and Excel formats.

Wave bookkeeping software has changed its business model 😲

Wave has been on the bookkeeping software scene for a good long while. And up until now it’s been completely free to use for basic bookkeeping. As in, the only way they made money was if you invoiced clients through their invoicing system (for which they charged you the industry standard 2.9%.). If you JUST used it for categorizing transactions and running reports, it was COMPLETELY free.

And while this is still technically true, they’ve moved toward a monthly subscription business model. They have a free tier and paid tier (currently $16/month). The big difference? Automatic bank feeds are no longer available for new sign-ups on the free plan. So in order to use Wave for free, you need to either enter transactions by hand, or download transactions from your bank and upload them to Wave. Definitely not the end of the world by any means, but… it’s just a BIG change!!

(Note: people who signed up before January 20th(ish) are legacy customers and aren’t affected by this change, at least for now! I wasn’t able to find info on what their long-term plan for legacy customers is. It’s very possible you’ll be on a free-forever plan!)

On the one hand, I ABSOLUTELY understand this change. I was legit curious how they were managing to stay in business with so many people using the product for free. (Apparently, they weren’t going to be able to stay in business if things stayed the same!)

On the other hand, woof, that’s a blow to people who are in the early stages of their business and don’t have $16 in their cash flow to pay for software. (For reference: the lowest tiers of Quickbooks and Xero is $30/month, and $15/month, respectively.) If you don’t mind hand-entering or the download/upload process, though, Wave is still a fabulous choice!! (Beautifully Basic Bookkeeping is also a good option if you’re firmly in the “I don’t want to pay a monthly subscription fee to do my bookkeeping” camp!)

And that’s a wrap!!

As always, my inbox is always open if you need anything!