How to Create an Online Budget

Track your spending habits with websites such as
i Jupiterimages/Brand X Pictures/Getty Images

So, you need to budget your moolah. No sweat. It's just a few numbers. You don't even need an accountant to figure out the math for you. There are websites that allow you to create your own online budget and will even do the hard stuff like calculate interest in credit cards.

Step 1

thenest article image

money, money, money image by easaab from

Grab a pen and paper before you grab your laptop. Get to know how much money you're bringing in each month by recording all your household income, including you and your spouse's. Be sure to include any under the table income, such as freelance jobs and babysitting gigs.

Step 2

thenest article image

credit-card image by Igors Leonovs from

Create a separate list of bank accounts, credit companies, auto loans, school loans and other companies to whom you are in debt. Make sure you have account numbers readily available. Your online budget will keep a record of these lenders for you and will display how much you owe to each one.

Step 3

thenest article image

clavier,internet image by yam from

Surf the Internet for websites that allow you to create your own budget for free. Many websites, including and, will also give you tips and pointers on budgeting money and scraping together savings. They will also track where you spend the most money in a fiscal month.

Step 4

thenest article image

Burning graph decrease image by Tomislav from

Create goals for yourself. Part of making a household budget is figuring out what debts to pay first. If you want to pay off your credit card in a year's time or take a large chunk out of your student loans, enter this goal in your online budget if the site allows.

Step 5

thenest article image

checking calendar image by Alexey Stiop from

Track your progress every day. Most sites will send you weekly, if not daily, email updates.

the nest