Thought I would share how I already do this.. Very simple for computer literates.. Open an excel file with multiple tabs.. one tab for cash receipts & pmts, one for bank transactions, one for credit card and one for Investment details... Keep updating this monthly...reconcile your cash and bank balances by including Inflow and outflow..and there you have a set of accounts.. this will not only help u gain control, but could also be a good reference point and for planning future expenses and investments..
Re: Good!!
by pinakin godbole on Aug 12, 2010 04:22 PM
Yes !! Even i follow the similar pattern for keeping accurate track of income & expenditure... & it really works not only for today but also for building future !
