Tracking expenses- Takefin Finance Tracking App

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Tracking Expenses
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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, lets discuss the best ways to track
expenses
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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

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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.
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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.
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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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