While there are various tools available, many individuals prefer the familiarity and flexibility of using Excel spreadsheets. Tracking personal expenses is a critical step towards financial awareness and achieving financial goals. To do this, click on the D14 cell and write the following formula which includes the SUM function to sum all incomes recorded.Looking for Personal Expense Tracker Excel Free Download?
![budget and expense tracker excel budget and expense tracker excel](https://i.ytimg.com/vi/hGHrPzzXWFE/maxresdefault.jpg)
![budget and expense tracker excel budget and expense tracker excel](http://myexceltemplates.com/wp-content/uploads/2009/11/Yearly-Monthly-Personal-Budget-Household-1024x628.jpg)
Now, after filling the income categories properly, the next thing is to create a drop-down list similarly to the expenses category.You can select your income category from here with a single click rather than writing it every time individually. Consequently, you will see there is a dropdown list at C6:C13 cells where the income categories are listed.
![budget and expense tracker excel budget and expense tracker excel](https://excelxo.com/wp-content/uploads/2017/07/sample-home-budget-spreadsheet.jpg)
Subsequently, at the Source: text box, refer to the B5:B9 cells from the Income & Expense Categories worksheet. Now, at the Settings tab, choose the List option from the Allow: dropdown list. As a result, the Data Validation window will appear.Now, select the C6:C13 cell > go to the Data tab > Data Tools group > Data Validation tool > Data Validation… option.That’s why make some other columns named Category and Subcategory under the Income and Expense column. Now, for better summarization, you need to record the categories of your income too.To do this, record the dates, incomes, and expenses from the Dataset worksheet first.Now, the main part remaining is to organize and summarize the daily income and expense Excel sheet. □ Step 3: Summarize Daily Income and Expense
![budget and expense tracker excel budget and expense tracker excel](https://i2.wp.com/101planners.com/wp-content/uploads/2020/03/Bill-Payment-Tracker.png)
For instance, the outcome should look like this.