Home Finance Guru
| Register

Ask 2 Experts
1. How To Host A Budget Friendly Adult Birthday Party
2. How To Live Large Without Breaking the Bank
3. Til Debt Do Us Part
4. Top 10 Power Couples of All Time
5. Sweetie, Want to Run a Business Together?
6. Q&A: Money Expert Jacquette M. Timmons
7. Take This Career and Shove It!
8. Recession-Proof Your Relationship!
9. Budget Boot Camp
10. World Changing Couples
Advertise With Us!
Q: How do we keep track of everything that’s coming in and going out?

Diana says...
Start by making a list of all your fixed monthly expenses (rent/mortgage, transportation, utility and cable bills, etc.). This will give you a clear picture of how much, or how little, you have leftover for other expenses. Next, jot down every daily expense for a week. Then add up those expenses and multiply by four. This will give you a good idea of how much you blow in a month. Oh, and if you think you’d prefer to use software tools, the big-box office stores sell a variety of packages that can do everything from tracking expenses to crunching income tax.

Diana Cawfield is an award-winning financial writer with more than 10 years experience. Send her your questions here.