Stock Market

Commodities and Investments with Ledger

In previous post I introduced you to Ledger by showing you its basic functionality, how movements are tracked, and how to query it to extract useful information. I also mentioned how the potential of this software was much wider. Today it’s time to show you how to use it to track your investments. What is a commodity From an economic/financial point of view, the term commodity indicates a good whose value does not vary according to its source. So the euro can be seen as a commodity because a euro is always worth the same regardless of who we receive it from. The same applies to a gold bar or a barrel of oil. Apples, on the other hand, are not really commodities because their source also influences the quality of the product. In Ledger, commodities are defined in a broader way and can be seen as the unit of measure of transactions. In the first post I told you that within a Ledger journal money movements between accounts are tracked, but actually the concept can be generalized as it is possible to use transactions to move things from one account to another. ...

March 25, 2022 · 7 min · norangebit
Personal finance with Ledger

How much did I spend this month?

If you are used to paying everything by card you will surely have less difficulty in finding the answer to the title question. By now almost all banks allow you to automatically categorize your expenses and have a monthly statement. But do they allow you to customize the process? Can you change the category of an expense? Can you add new categories? Can you have categories and subcategories? If you use multiple banks how do you merge the data that comes from the various apps? The goal of this post is to answer all of these questions through the use of Ledger. ...

January 21, 2022 · 12 min · norangebit