A monthly budget is more than how much is spent on groceries and petrol. Sure, you need to keep track of your total expenses. You also need to keep track of how much you save towards retirement and all your other goals. You also need to check if your savings are on track year after year.
I have been using a financial tracker for a few years now and it work well for me. It makes me disciplined. Discipline is the key to financial control and freedom.
Don't pay too much attention to the investment avenues and amounts. They are only representative for you to get the idea. Modify it the way it will work best for you.
The financial tracker does not have a breakup (groceries, petrol etc.) of monthly expenses. Each ones expenses are different and can be easily incorporated in a separate sheet.
Download the Financial Tracker
This is another version published at Financewalk
Free Apps for your Android Phone
Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.
Blog Comment Policy
Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.