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Personal Budgeting on Xero

When we mention Xero, people usually associate it with running a small business. Xero is an accounting program that links to your business bank account and tracks all your income and expenses on a real time basis. The result is business owners know how their business is performing daily. But did you know that you can do the exact same thing for your personal finances? You can connect your personal accounts to Xero and reconcile the transactions to accounts like groceries, fuel and rent. This will give you an accurate representation of your spending and whether it is out of control relative to your income. The beauty of Xero is that you can setup rules so the transactions can automatically be




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