If you’re finding it hard to keep up with managing your finances and taking account of where your money goes, it’s best to sit down and look more closely at your day to day expenses as well as your sources of income. This is the first step to financial intelligence according to the business gurus.

As I’ve read somewhere, whether it’s on a simple notepad or a complex accounting software, what matters most is making a budget and sticking to it. I’ve discovered a simple budget analysis online software that could just get you going. Follow this link from the Allsup.com site: http://www.allsup.com/Personal-Finance/Financial-Planning-Calculators/Home-Budget-Analysis.aspx

All you have to do is enter your monthly income (click the “Paycheck Calc” button) and expenses (click the “Expenses Calc” button). Clicking the “View Report” button opens up a popup window with a list of your actual and target payments so you can analyze where to adjust or make better your finances.