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If you have not created a budget, and are tracking your expenses so that you can create one, then you should decide on basic spending categories such as utilities, food, rent, eating out, fun money, and insurance. Record each of these at the top of the paper.
Open Excel.Add headings for the columns in the top row your income worksheet.Format your columns.Select your expense worksheet and set it up for recording expense data.Format your expenses columns.
How to Keep Track of Spending Using a Weekly PlannerStep 1: Write down ALL expenses and income. Expenses.Step 2: Add it all up. At the end of the month, add up all your expenses.Step 3: Compare Income to Expenses. Next it's time to compare the money coming in versus the money going out.
Best expense tracker appsBest overall free app: Mint.Best app for beginners: Goodbudget.Best app for serious budgeters: You Need a Budget (YNAB)Best app for small business owners: QuickBooks Online.Best app for business expenses: Expensify.
How to Create a Formula for Income & Expenses in ExcelOpen your income and expenses Excel worksheet.Select an empty cell beneath the last item in your "income" column.Type "Total Income" in this cell, then press the "Enter" key.Select the cell directly beneath the "Total Income" label.More items...
How to Keep Track of Spending Using a Weekly PlannerStep 1: Write down ALL expenses and income. Expenses.Step 2: Add it all up. At the end of the month, add up all your expenses.Step 3: Compare Income to Expenses. Next it's time to compare the money coming in versus the money going out.
Here's how to get started tracking your monthly expenses.Check your account statements.Categorize your expenses.Use a budgeting or expense-tracking app.Explore other expense trackers.Identify room for change.
Best Expense Tracker Apps for Personal FinanceSpendee. Credit: Google PlayStore.Pocket Expense with Sync. Credit: Google PlayStore.Expensify. Credit: Google PlayStore.Household Account Book. Credit: Google PlayStore.Budget Calculator (My Budget) Credit: Apple App Store.Monny. Credit: Google PlayStore.Zenmoney.Money Lover.More items...