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How to Create a Free Home Budget With Expense Tracking Software

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By jenstewart
User-Submitted Article
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Create a free home budget using expense tracking software. This free budget software can be customized for tracking financial expenses in the home.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Computer
  • Internet
  • Budget Software
  • Expense records
  • Paper
  • Printer
  1. Step 1

    To create your free home budget download your expense tracking software or create your own using a financial spreadsheet program like Microsoft Excel.

  2. Step 2

    Make a list of all your expense and income sources in your home to list on your budget tracking sheet.

  3. Step 3

    Divide your home budget sheet into categories starting with income, then savings, then expenses according to priority and enter using your tracking software.

  4. Step 4

    Most home budget tracking software allow you to input your income and expense amounts and will analyze it for you in a summary usually in the form of a financial chart.

  5. Step 5

    If you are creating your own home budget sheet using excel, just enter your income and expense data in two columns; one for projected budget goals and the other actual budget amounts.

  6. Step 6

    Now just use your expense tracking software to figure your balance or set up your excel auto sum function to subtract your home budget amounts yourself.

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