Printable expense tracker how to#

It works great if you have a really good handle on your expenses.

If you have a decent idea of how your money flows in and out, it is great to start with a Budget Planner printable to PLAN expenses vs earnings.

Printable expense tracker how to#

Log in all of the expenses is a great visual to show how much you spend on monthly bills! If you donвЂ™t know where the money is going, then you have no idea how to budget it.

If you are new to budgeting, you should start with the Expense Tracker.

I prefer to use them hand in hand like I mentioned above but you can do one of two things: The Monthly Budget Planner helps you PLAN the months ahead to get a better visual of how you will be achieving your goals. It shouldnвЂ™t include the daily spending, just the expenses to run a household. Think about them as a partnership.ДЄn Expense Tracker is meant to log all of the expenses that come through your household each month. I know it can be confusing as to when to use an Expense Tracker vs a Budget Planner! Technically, they work hand in hand. DonвЂ™t leave a stone unturned! рџ“Њ How does the Expense Tracker and the Budget Planner Differ Look at your credit card statements and your bank account to find those sneaky expenses. It took me a little bit to remember those bills where I use auto payment. As the bills come in, I record them on the sheet. I print the Monthly Worksheet (or two) out and keep them by my desk.

I view that as discretionary costs like manicures, new shoes, coffee, eating out and movies on the weekends. ItвЂ™s important to note that your out-of-pocket spending is better tracked in the Daily Spending Log. Literally every single monthly expense that you have. You will be tracking the power bill, phone bill, Netflix, insurance, car payments. The Expense Tracker is used to track each and every expense that comes through your household each month.

Shows Areas for Opportunities for Saving | Once the tracking starts, the window of opportunity starts to shine through for all the places to cut expenses and save. This is important going forward as to where to start saving.

Tracks All Sources of Expenses | This will allow you to jot down all of the bills that you are paying out of your paycheck and give a clear visual to where your money is going each month.Дivides Up Categories | Once this log is completed for the month, you can look at and divide up the categories of where your money went each month.