![]() Groceries: food, baby needs, household supplies, toiletries Household: furnace, water tank, roof and gutters, decor, upgrades, storage locker, gardening, cleaning services, outdoor equipment and maintenance Utilities: phone/cell, cable/internet, gas, hydro, security Housing: mortgage, rent, strata fees, house insurance, property taxes View a sample of a completed tracker (from the previous version of our Monthly Expenses Tracker).Įxpense Categories – Know Where Your Money is Going This becomes the cash balance for the next week. If there’s a surplus, you should have money in your wallet or bank account. Total all columns and subtract actual expenses from actual income.On these pages, keep track of seasonal expenses rather than recording on your weekly pages. You also need to record weekly savings amounts on pages 14 – 15 of the Expense Tracker.You may want to track coffees, dining out, or fuel separately. You can then use the blank columns to create your own categories. List the dates down the left side and record actual money spent each day.You should also list any income you may expect to receive during each week. Record cash balances on hand or in your bank account.For example, a 7 day tracking period would be March 30th to April 5th. For each week, record dates you are tracking.The expense categories listed further below and on page 1 of the Expense Tracker will help you decide which expenses to record where.Open a copy of our Monthly Expense Tracker.Spending app free version is a good way to get into the habit of recording expenses but if you intend to apply a plan to help you reach financial goals, Money Lover and the customizable budgets are what we recommend. It will also track loans and interest payments as well as earnings so it’s easy to see why it’s the most downloaded expense tracking app.īoth apps were very easy to set up and use, though the spending app typography won’t win any design awards, it shows you a line that turns red if your expenses overtake your income, which is a really handy way to track your spending. ![]() We also loved the export features and ability to share your budgets with a partner. The PHP500 upgrade is worth it for customizing budgets so each category and sub category can have guidelines. The Money lover app looks great and is easy enough for the non- tech savvy to use. The one time P149.00 pro upgrade for the spending app gives you the ability to export your spending report, be rid of ads and enter recurring expenses. The apps were evaluated according to price, user interface, user experience, planning capabilities and availability.īoth apps were totally usable in their free versions, though the Money Lover free version forces you to watch video ads to create budgets, and does not allow you to customize categories. Jenn reviews the Money Lover app which has 5Million downloads and advanced features in the premium version of the app. Our hosts Firas and Jenn tried them out and found the best two for you!įiras tried out the Spending App, which is a good tool for beginner budgets because it’s very simple and not intimidating. There are a hundred expense tracking apps available for download. On the Level Up podcast we explore the first small habit necessary for sticking to a budget – tracking your expenses. ![]() ![]() Yet many remain intimidated by the task of budgeting. The Habit of Budgeting: Best money apps to track your spendingĮxperts say that your budget is an essential tool to help you achieve your financial goals. ![]()
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