People always ask me, where do I start?
It can be as easy as; start at the beginning.
A basic Excel spreadsheet can be friend for not just a business, but individuals as well.
A single or family can set up a spreadsheet with just some simple steps:
Start with basic columns with your expenses in the first column and then the months of the year at the top.
Include total of your net income every month on the first line of your spreadsheet.
- Start with the first group of expenses: Rent, Mortgage, Utilities, phone
- Next group can be a group of car expenses: Car payment, insurance, gas/parking.
- The other group can be: Food, supplies, clothes, entertainment.
You can total the expenses at the bottom of the page, so you can see what you are spending at the end of the month.
If you have any questions or need help setting up a spreadsheet for your family drop me a line.
Next blog will discuss, what we can do with the numbers on our expense sheet.
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