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How do you track your personal budget? (lemmy.ml)

submitted 1 year ago by Hexadecimalkink@lemmy.ml to c/personalfinance@lemmy.ml

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Do you track your expenses monthly? Annually? Do you have an app or do you use an excel spreadsheet? Any suggested tools?

I use a spreadsheet and track monthly.

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[–] MinionMuffin@lemmy.world 3 points 1 year ago (1 children)

If you are using YNAB, a fun trick is to use a split transaction that contains the total amount as an outflow and then the inflow you would receive from your partner to make the math easy. For example:

Split transaction: -100$ - total bill outflow +50$ - partner's portion

YNAB transaction that will apply to the category is 50$.

[–] EveningPancakes@lemm.ee 1 points 1 year ago

Interesting! I'll have to try to messing with this.