This is basically a strip version of my household budget spreadsheet where it is only can be used to track and record your expenses without budget consideration. Household expense tracker consist of three worksheets, category worksheet, daily income and expenses worksheet and monthly expenses worksheet.
You can start to customize your Household expense tracker by going to the category worksheet and define your categories. Define your group category first, followed by subcategory and category. You can simplify written category if you fill those categories are too detail, or you can customize based on your criteria. So, You don’t have to create all the categories in the beginning, since probably you can’t remember all. Then you can customize again while you recording your expenses and find there is no suitable category for that expenses.
Household Expenses Tracker List
Hence, After customizing the category worksheet, you can start tracking your daily expenses in the daily income and expenses worksheet. So, Just type your expenses row by row and let the excel formula do the rest of tracking process. Even though I put the title “expenses” in the expenses column, you can put your income and select the appropriate category to record your income. Thus, This is useful if you want to compare your income to your total expenses. I provide also a credit card box that will help you summarize your credit card usage within a month.
Household Budget Planner
The third worksheet is the monthly expenses worksheet that will summarize all your expenses monthly. Moreover, you can compare your expenses with your income in this worksheet also, so you will see the profile of your household financial situation monthly.
Household Expense Tracker Takeaways
- Household expenses represent a per-person breakdown of general living expenses.
- “Head of household” status for tax purposes gives you a larger standard deduction and lower tax rates.
- Household expenses can be largely categorized as home-related, child-related, transportation, and entertainment.