Tracking your expenses is one of the most important things to become successful.
But sometimes it’s really hard to track all of them.
Whenever we spend our money somewhere we forget it after a few days.
And then, end of the month we are totally blank about our spending.
So here’s the deal:
As an Excel user, you spend you most of the time working on Excel.
So it’s better to have an expense tracker template in Excel so that’s we can access it in a few clicks.
And here I have 1-page expense tracker for you.
As I told you, this is a one-page template, but it’s quite powerful to track your expenses.
Follow me to explore its features.
1. Monthly Budget
Here in this template, you can enter a monthly budget to use as a benchmark for your monthly expenses.
This section will show you about the current month’s budget you have and along with that, it will show you the increment in current month’s budget from last month’s budget.
2. Actual Expenses
This section will give you a snapshot of the total amount spent on expenses in the current month.
The amount will update instantly after you enter a new expense entry.
And below it, there is also a small message about the percentage of budget you have consumed.
3. Unplanned Expenses
If you have faces some unplanned expenses sometimes, you can track those expenses in this template.
In this section, you’ll get a quick view about the percentage of unplanned expenses from your total expenses.
And also a small message for the amount of unplanned expenses.
4. Category Wise Expenses
Yes, you can track your expenses in categories also.
This section will show you category wise summary of percentage share.
5. Day Wise Expenses
Here you can check your day wise expense amount.
It will show you your day wise spending on your expenses.
This will help you to track that how often you spend in a month.
How To Use it
Please follow me to learn how to use this template to track your expenses with not efforts.
1. Enter Expenses
It’s super easy to enter an expense. Here are the steps.
- From your main template sheet, click on the “Data” button.
- It will navigate you to data entry sheet.
- Now, enter the following things in data sheet.
- Exp ID [Manual Entry]
- Data of expense [Manual Entry]
- Category of expense [Drop down list]
- Expense Description [Manual entry]
- Payment Mode [Drop down list]
- Expense Type [Drop down list]
- Amount [Manual Entry]
- Once you entered your expense data, click on “Template” button to go back to your main template.
This template is super easy to manage. When you enter an expense, your template will update automatically.
2. Change Month and Year
Let’s say if you want to check insights about any previous month you can use drop down list form the main template section to select previous months and years.
Month Drop Down List
Year Drop Down List
3. Add Monthly Target
If you have a monthly target for your expenses, you can enter that target in your sheet.
Use below table to add your monthly target.
4. Add New Expense Category
I have used some common expense categories in this expense template.
And if you want to add any new category, update it in the category table.
Once you add your new category in the table it will automatically update into the drop down list in data entry sheet and category chart.
5. Add New Payment Mode
Just like expense categories, you can update a new payment mode in the following table.
Once you add your new payment in the table it will automatically update into the drop down list in date entry sheet.
Use “Setting” button from your main template to navigate to above-mentioned tables.
This 1-page expense tracker is a useful tool if you want to track your expense.
It will not only help you to track but also give you some useful insights.
And the best part is, you can check everything you have spent in past months and on your spending on daily basis.
I hope this template will help you to get better in your finance, but now, tell me one thing.
Do we have any other thing which we can include in this template to improve it?
Make sure to share your views with me in the comment section, I'd love to hear from you. And please, don’t forget to share this template with your friends, I am sure they will appreciate it.
About the Author
Puneet is using Excel since his college days. He helped thousands of people to understand the power of the spreadsheets and learn Microsoft Excel. You can ﬁnd him online, tweeting about Excel, on a running track, or sometimes hiking up a mountain.