The main disadvantage of this approach is that your transaction data is split across multiple worksheets, making it more difficult to create yearly reports. You can make a copy of the budget worksheet for each budget period. Although it lacks some features of the original template, I designed it to be easier to use (requiring very little Excel experience).

Like my original Money Management template, you can customize budget categories and track multiple accounts, but this version includes everything in a single worksheet and uses fewer budget categories. If you aren't good at tracking your expenses, apps like Mint can do it for you.This template works for a weekly, biweekly, or monthly budget.

This will help you see where the money is going, and also draw up a realistic budget going forward. But one thing worth doing in parallel, is to start tracking your expenses. Others have already mentioned good advice on handling debt. I looked at a demo a while back and thought it looked pretty good. What are the best budgeting apps? Or what do you use to budget your money? Their categorisation isn't always accurate, but I found it to be decent. It might be worth taking a look at something like Intuit's Mint, as they'll automatically pull in and categorise your purchases for you, and then you can see if your 'subscription' charges are higher than you thought they would be. Fine line between autopay and not paying late fees?.Use Mint or a similar tool to get an initial estimate. That's a huge chunk of your spending that remains uncategorized. Groceries and fun spending needs to be expanded upon. Why would they name a Linux software distribution the same as the much more popular personal finance software

Mint - Open source documentation builder that's beautiful, fast, and easy to work

Money manager ex budget review