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What do you use for keeping track of expenses and income (lemmy.today)

submitted 1 day ago by vurr@lemmy.today to c/personalfinance@lemmy.ml

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So I'm considering just using excel to keep track of all my expenses and income, but is there a better solution? What do you use to track how you spend money? I want something from which I can freely export the data if need be so excel is tempting.

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[–] jjjalljs@ttrpg.network 2 points 1 day ago

I have a spreadsheet.

Each month I check the balances of all my accounts (eg: savings, checking, vanguard). If anything looks unusual, I go investigate and make a note of what happened. (Eg: bought expensive boots here, moved money from this account to that account). If I was doing that a lot, I'd probably change something about my routine.

I used to export all the transactions from the bank websites and import them, but I found I wasn't really using that data.

It helps that I'm naturally very frugal, and don't have a lot of expenses.