Personal accounting means recording of domestic expenses and income . It is very necessary that to record your income and expenses. Because without recording your personal accounting , you can not make your domestic budget. If you are living in any noble family , it is you duty to complete your all expenses with your limited income , so make estimation of all monthly expenses . This estimation can be done if you have recorded early months expenses . So it is your duty to record your personal expenses. Recording of personal income and expenses is very easy . Just keep a Note book in you pocket and after spending any expenses you must record your expenses. After month you will see what is your total expenses and where did you expand it. On this base you can make you family budget. If you can not keep note book then you can record your expenses in excel sheet. In each night you can record full day expenses in different things like juice , ice-cream , wheat , petrol , dresses , fees , charity etc. After month total them you can get you monthly recorded expenses after one year you can your yearly real expenses . It is not necessary that all year we have to do same expenses but we can estimate our yearly expenses.
Make a good accountant from your own home with your personal accounting .