Today, I’m going to take you through creating a budget in Excel for the purpose of tracking your monthly budget which will include: tracking your income, seeing how to track your savings goals, and tracking/organizing your expenses. Personally, I use Google Excel Sheets to manage my expenses because I’m honestly too lazy to download the software to my computer. It’s also simpler to manage and keep track of everything since it’s stored in the cloud, and I have access to it whenever wherever. However, this is simply what works best for me, and I encourage you to try out some different options for yourself. Now, a lot of people prefer using apps to manage their budgets, and there are truly a ton of them out there. We talk a lot about managing budgets here at TFD - Chelsea and I even made a video about it. Today, I’m going to go into more granular detail as to how one can actually create a monthly budget using my personal favorite method - Excel Sheets.
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