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Tracking expenses- Takefin Finance Tracking App

How to track your expenses<br><br>Today, everything is money. It is an asset for both individual people and business firms. But, expenses are killing it. A wise way to money management is money control. But, how to control it? <br>The answer is via expense tracking. Yes, tracking your monthly expenses will give you a brief insight into your money flow. It will help you make better decisions to save money deducting unwanted expenses.

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Tracking expenses- Takefin Finance Tracking App

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  1. Tracking Expenses

  2. How to track your expenses Today, everything is money. It is an asset for both individual people and business firms.But, expenses are killing it. A wise way to money management is money control. But, how to control it?  The answer is via expense tracking. Yes, tracing your monthly expenses will give you a brief insight to your money flow. It will help you make better decisions to save money deducting unwanted expenses.  Before you start working on expense tracking, decide on a budget. Count all your necessary monthly expenses and make a note of it, it will help you analyze your budget. Now, let’s discuss the best ways to track expenses:

  3. A register and a pen I am sure you have a pen and a register at your home. Make them your expense tracking tool and start writing down your expenses. Whenever you spend money, write it down with the purpose. At the end of the month, check where your budget and expenses lies. • Pros:  • No money needed for this purpose • Easy availability of register and pen at home • Cons: • Manual writing • Self-calculations

  4. Online payment If expense tracking and manual writing is not your cup of tea, there are other ways too. Start making payments online. Now, businesses are expecting wallet payments. Apps like Paypal and other money wallets maintains your expenses history and send you invoices as well at the end of the month. At the end, you will have a record in your email room where you can check the expenses.

  5. Google Spreadsheet Another best ways to track expenses is Google spreadsheet. Make a custom Google sheet and start writing your expenses into it. You can classify your expenses based on categories and departments making custom tabs in the same sheet. Also, Google spreadsheet supports smart queries that gives you a better insight to your money flow.

  6. Budgeting App Budgeting apps are the solution that will carry your shoulder burden regarding expenses tracking and management. Takefin, a budgeting app is a smart mobile application with amazing algorithms. Add your expenses record category wise. The app will give you a better digital insight. You can compare your monthly expenses, check where you are spending more money, and other activities.

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