If you are like most of the American population who are trying to make ends meet with what little income they have, then you should get yourself a free budget spreadsheet. It may not sound as helpful and as effective at first, but having a budget spreadsheet for your household expenses can you do you and your family budget wonders.
The primary benefit of having a household budget spreadsheet is seeing where your money goes, literally. It is not uncommon for people to forget what they bought yesterday, or where the 50-dollar bill go. But when you have a spreadsheet for your expenses, you can easily keep track of the money coming out of your pocket.
A budget spreadsheet can also help you prioritize your expenses. Because the “things to pay for” are clearly listed in one place, you will be able to rank them according to urgency and importance. And prioritizing expenditure often leads to a more effective budget system.