How to

How to track your monthly expenses

Monthly tracking is about separating the fixed from the variable, then watching the variable part closely. Your rent won't surprise you; your discretionary spending will.

Here's how to build a reliable monthly picture.

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  1. 01

    List your fixed monthly costs

    Write down rent, bills, EMIs and subscriptions — the predictable outflows that repeat every month.

  2. 02

    Capture variable spending daily

    Log food, transport, shopping and outings as they happen, since these are what move month to month.

  3. 03

    Group by category

    Roll spends into categories so you can compare this month to last at a glance.

  4. 04

    Review at month-end

    Total each category, compare to last month, and note what drove any spike.

Doing it with Balance

Balance tracks fixed expenses automatically and lets you capture variable spends by scanning. Its monthly analytics compare periods for you, so month-end review is a glance, not a spreadsheet session.

Frequently asked questions

How do I separate fixed and variable expenses?

List predictable monthly outflows (rent, bills, EMIs, subscriptions) as fixed, and track everything else as variable. Balance handles fixed expenses automatically and lets you log variable ones as they happen.

Is Balance really free?

Yes. Balance is free to use with no ads and no mandatory subscription. Core expense tracking, categories, analytics, receipt scanning and CSV export are all included at no cost.

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