How to keep my home's bookkeeping
In these times it is essential to save as much as possible and keep track of household expenses . In this way, we will have control over what we spend and avoid wasting money, maximizing our savings . For this, it is not necessary that we are an accounting expert, but we can do it simply and quickly. Keep reading this article and you will discover how to keep your home's accounts.Steps to follow:
The first thing you must do to keep your home accounts will be to keep the tickets and invoices of everything you buy or pay, whether it is the daily purchase of food and other household material, such as utility payments: electricity, gas, water, repairs, etc.
Likewise, you should note down in a notebook or a spreadsheet of your computer - an Excel document, for example - both the income and expenses of your home, as a book of accounts . We suggest you make a table showing the concept of expense, value and date.
In this way, you can see if the balance is positive, that is, you enter more than what you spend, if it stays at zero or, on the contrary, it is negative and you spend more than what you enter. We recommend that you organize monthly, that is, at the end of the month, add up everything you have spent and compare it with what you have entered. If you prefer, you can also do it weekly to keep the accounts of your home more controlled.
You can make comparisons about what you spend every month or week, seeing when you spend more and analyze what you could reduce costs. For this, our articles can be useful:
- How to save on the gas bill
- How to reduce the electricity bill
- How to save water at home
In case you consider that this task is too tedious, you can choose to access an online management portal with professionals who can make accounting much easier.