Research shows that investing in energy-efficient appliances can reduce your energy costs by 30%. Replacing your old ...

Experts recommend your emergency fund be large enough to cover three to six months' of essential living expenses.

Creating a monthly budget can feel like herding cats—things go in every direction, and somehow your money disappears before the month ends. But with the right approach (and a solid spreadsheet), you ...

A free budget worksheet can help you categorize your monthly expenses and track your spending. Alternative example: After-tax income: $5,000. Needs: $2,500 (50%) ...

These expenses, also called discretionary expenses, may be harder to account for in a budget, as they don’t always come with a set monthly fee. If you use the 50/30/20 budget, wants can account ...

A little organization can go a long way and prevent headaches come 2026. Get ahead of next year's tax season now by creating and using a spreadsheet to track tax-related information throughout the ...

The interest expense, in this case, is an accrued expense and accrued interest. When it’s paid, Company ABC will credit its cash account for $500 and credit its interest payable accounts.

2. Create a Budget Spreadsheet. You don’t have to be an Excel whiz to put together a simple monthly budget. You don’t even need to create it yourself — try our sample budget template in Google Sheets.

Tracking monthly expenses can help you get an accurate picture of where your money is going and where you’d like it to go. Here’s how to start expense tracking.

The first step to reducing your monthly expenses is to understand where your money is going. This means tracking your spending for a month or two, and then analyzing your spending habits. There are ...

You'll also likely have periodic expenses that don't occur monthly, such as vacations, gifts and holidays, or annual fees. Wealth management expert Justin Haywood, CFP, tells PS, "Large one-time ...