Hello Folks,
I just started tracking my expenses and need advice on categorizing them. My current categories are:
I’m having trouble with the Food category since it includes dine-out, coffee, and groceries. How can I branch these out in Google Sheets and create charts and formulas to organize them better?
Thanks in Advance…
To better manage your Food expenses in Google Sheets, create subcategories for dine-out, coffee, and groceries. Add a “Subcategory” column next to “Category” and specify each expense’s subcategory. Use a pivot table to summarize these expenses by subcategory and insert a chart (like a pie or bar chart) to visualize the data. Implement the SUMIF formula to calculate totals for each subcategory. This detailed categorization and visualization will provide clearer insights into your spending patterns and help you manage your budget more effectively.
The struggle with categorizing food expenses is common. Break down your “Food” category into subcategories like groceries, dining out (with options for lunch, dinner, fast food), coffee shop visits, and drinks. This will give you a clearer picture of your spending habits. You can use formulas in Google Sheets to automatically track totals and create charts to visualize your progress
You can add a new column to Google Sheets called “Food Subcategory” and type in “Groceries,” “Dining Out,” or “Coffee Shops” for each cost. This lets you make graphs and formulas to look at how much you spend in each area.