Money Map

Rich People Skills: Draw Your Money Map to Fortune

Happy Friday everyone, and welcome to another edition of Rich People Skills! Today the topic is Money Maps. A money map is simply a visual depiction of where your money is flowing in from, and flowing out to, with your financial accounts “stitching” it all together. The idea is that you tailor your money map to specific goals, such as debt pay-down, or even early retirement, and isolate areas to improve, accounts to combine, and so on.

Thanks to local blogging friends Budget on a Stick and Apathy Ends , this whole concept of the money map is finding its way through the early retirement, financially independent community. Credit goes to Jim Wang over at Wallet Hacks for his money map post from last year. Props, Mr. Wallet Hacks, for getting us on the map!

If you’ve never set up your own budget before, this whole money map thing may not be a bad place to start. Once you have all the pieces laid-out on the map (using PowerPoint or Visio, or crayons on paper), then you can dive into Excel and go nuts with cells and formulas. YES! (spreadsheet dork alert…)


Without further adieu, Cubert’s Household Money Map

Cubert's Money Map

Interpreting the Map

My map is a top-down view that helps me find “leaks” in the financial plan. Am I putting too much hard-earned cash into discretionary items like dining out, or bike gadgets? What am I doing to manage my tax bill?

You’ll also see that I have those little purple bars off to the far right. Here, I try to depict the dual-nature of home maintenance and student loan expense. Sure, they each put a drain on the wallet, but you could certainly argue that you get value in return. Those categories straddle the line for us.

I’ve also got some “halo money” flowing up up up (cue the harps!) to charitable donations, travel, and 529 accounts. These are investments that don’t appear on your balance sheet come retirement time, but they sure as hell count as investments in humanity – both yours and those around you. Make sense?

Don’t discount these as mere expense “outflows” my friends, or you’ll find yourself in a sea of regret later for that mindset. I’ve said my peace enough times already on this topic.

Halo Money Map
This little ducky didn’t F it up by being CHEAP with his fortune.

How to escape the cubicle of despair!

Any new readers out there may be wondering how to avoid winding up in the Cubical of Despair, illustrated at the bottom of my map. It all starts with drawing a map like this of your own. Maybe seeing all the disparate expenses and bills laid out in front of you will be the wake up call?

Admittedly, I’ve always been a spreadsheet guy, and even before “figuring out money”, I kept my extra CRAP neatly organized in columns and cells. When I think about those cable and home-delivery dry-cleaning bills from back then, I get a little heartburn. *reaching for the Tums*

If nothing else, KEEP IT SIMPLE. Don’t assume you have to spend money on anything that doesn’t bring you joy, beyond your basic needs. F cable. F that new truck or BMW that’s the stupidest possible waste of money on the planet. Jet ski? Holy shit! Get real, pal.

Deep breaths…

Anyhow, take a look at what some of my outstanding peers in the FIRE community have done with their maps below, and get inspired today!

The Official Money Map Chain Gang:

Anchors: Apathy Ends, Budget on a Stick

The Luxe Strategist

Adventure Rich



The Frugal Gene

Work Optional

Our Financial Path

Eccentric Rich Uncle

Atypical Life

Cantankerous Life

Retirement Manifesto

Debts to Riches


Money Metagame 


I Dream of FIRE

Stupid Debt

Spills Spot

Making Your Money Matter

Life Zemplified

Trail to FI

The Lady in the Black

Smile & Conquer

Her Money Moves

Full Time Finance

Freedom is Groovy


Comments 13

  1. The hardest part of this plan is self-discipline! So many people have a need for “toys” and other non-essentials that they don’t plan ahead. Reminds me of the Ant and Grasshopper fable…

    1. Thanks, Christine! It is quite a bit of extra work, but fortunately the rentals have settled into “mostly passive” territory the last couple of years. Gotta fine tune Mrs. Cubert’s gym teaching schedule though.

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