How to keep track of your daily expenses

This post is about keeping track of your daily expenses and various incomes. If you want to stick to your budget or just want to know where all the money going, it is important write down EVERYTHING. Money coming in, money going out.

There are many great apps and programs that will help you manage your money. I am using a computer program but as you can see from this post, I am way behind entering all my receipts. I have good intentions but what good is it if the information is not up to date.

All I know is 5 months ago I spend more than a made. Yeah, pretty useless. The information needs to be current so you can cut your spending before you go over budget.

A good idea is to enter all your expenses at the end of each day. That way you don’t fall behind (like me) and your spending amount for each expense category is current.

I have created an income and an expense worksheet for me that I will be starting to fill out each day (I will make them available for download at the end of this post).

I am usually all for technology and pretty good with anything computers and cellphones where most of my information, appointments etc.. are stored, but lately I am finding myself to prefer writing everything down on a piece of paper. I think having a household binder is great because all family members are able to access it and get information. This will be my next project for sure.

Anyways, back to the expense worksheets. Once you have identified your expense categories (groceries, fast food, personal care, gasoline, pets, entertainment, recreation etc…) print one sheet per category. Some categories will have more expenses than others.

You can put smaller categories together on one sheet if you want. As the expenses occur, write down the amount in the right category. If you made a purchase at a store where some items are groceries and some are personal care products for example, split the amount between the categories.

Try to fill out the worksheets each day. That way the receipts don’t pile up and it will be easier to stick to your budget and expenditure tracking.


At the end of the month, add up all the amounts in each category and transfer the amount over to your Monthly Budget Worksheet which is available to download here.

The income worksheet works similar. Enter your paycheck amount, rental income, pension income, interest/investment income etc.. Again, add up the amounts at the end of the month and fill in your actual amount in the Monthly Budget Worksheet.

For the next month, print the expense worksheets again and start over.

You can download free copies of the worksheets here:



Let me know if you have any questions or suggestions.

Thank you



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