I use a credit card for most of my purchases as I get to keep money in my account for a longer duration and that earns me extra interest.
But I have been having a little difficulty to include the expenditure in my monthly budget as the billing cycle is from the 16th to 15th of the next month and my income comes in at the end of the month.
How can I efficiently add the credit card expenditure to my monthly budget?
I'm using excel for my budgeting. I have income at the top, my monthly fixed installments get subtracted from this income. I would also like to add the credit card budget in a similar way.
income : 100 rent : 20 car emi: 20 equity : 30 ------------ balance: 30