As you may know from my previous blogs that I talk about personal finance a lot. I am taking you on a journey of bettering my own finances as well as sharing my tips and tricks from my learnings. I share my stock picks and any investment changes I have made.
Many people are not good with their finances is due to a simple reason. They simply don’t track it. They just get a salary, buy whatever they need but, do not keep a track of it from the beginning to the end of the year. Deborah Ho has made it easy for us to track our expenses completely for free now.
Everyone has Google, hence, everyone has Google sheet. How many of you use Google sheets? It’s just like excel, but better because, if you know a bit of the formulas then it can actually provide real time data. However, not everyone is as savvy with formula’s so I am going to leave it at that.
These are just random numbers I put in to show you how this works. All you have to do is plug the numbers from your daily expenses, you can change, update, or add some of the more relevant categories such as rent or mortgage, gas etc. This is on the expense tab.
On the Monthly expense tab you will see the output of what you have entered. For example, over all details of what you are spending each month. Which category you are spending most on, is it entertainment, food, rent?
It’s a neat tool and best of all it’s completely free. You just have to right click, save a copy on your own google drive and enter your expenses every month:
Here is the Link: http://deborahho.com/expense-tracker
Let me know your thoughts!
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