So, before spending your dime on fancy apps just to do the job, try creating a monthly spending tracker using Google Sheets first. With this tool, you can make your own monthly spending tracker to document your finances. But don’t worry, Google Sheets is here to make this task easier. Keeping track of your monthly expenses can be very intimidating, especially without a proper tool. Formulas for the Monthly Spending Tracker.How to Create Monthly Spending Tracker From Scratch.An Example of a Monthly Spending Tracker in Google Sheets.This article was originally written by Michael Timmermann and published on August 16, 2018. Have you tried Google Sheets to manage your budget? Let us know how you like it in the comments! If you budget with cash using the envelope method for certain categories, the ability to quickly track those expenses with the Google Sheets app can save lots of time. I set up my Google Sheets monthly budget on a computer, but the app makes it easy to budget on the go.Īfter making a purchase, I open the Google Sheets app immediately and use the Transactions spreadsheet to enter the date, amount, description and category of my expense.Īnd whenever I get a paycheck, I go to the same spreadsheet and make a note of the income. Transactions spreadsheet: Log your income and expenses 4. The neat thing is that as you add your income and expenses to this sheet, it will automatically update the other one. When you scroll to the bottom of the Google Sheets monthly budget spreadsheet that’s pictured above, you’ll see a tab for a second spreadsheet called “Transactions.” Summary spreadsheet: Monthly budget (unedited) 3. Added my projected income for the month.Overhauled the expense categories to be more specific.Adjusted the starting balance in cell L8.
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