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  2. Financial Skills
  3. Basic Personal Budgeting
  4. Tracking Spending

The easiest way to track your spending is to keep all the receipts and bills you have over a personal budget period. At the end of the personal budget period you can review all you paper receipts. You should also review your bank account to see if there are any transactions you overlooked.

The following sections describe some techniques you can use to track your spending.

Writing on receipts

For each receipt you get, write on it what it was for, what budget category it belongs to, then store it in your budget folder.

Separate folders/envelopes

Have a separate folder or envelope for each budget category. Store the various receipts and bills in each folder as you get them. You can write the budget category and even a date range on each envelope or folder.

Write it down

You can write down each expense as it comes either on paper, or using the spreadsheet provided in the Budget Tools section.

Related Pages

Why Budget
What Is Needed To Make A Budget
How To Budget
Calculate Income
Defining Expenses
Tracking Spending
Personal Budget Example
Personal Budget Tools
Budget Allocation Tool