Use a spreadsheet to record your expenses for one month.

Answer: To create a monthly expense tracking spreadsheet and analyze the data, follow these steps: 1. Create a new spreadsheet and name it 'Monthly Expenses'. 2. Set up columns for Date, Category, Description, and Amount. 3. Enter categories for expenses such as Rent, Utilities, Groceries, etc. 4. Record daily expenses with the date, category, description, and amount spent. 5. Add formulas to calculate the total expenses for each category using SUM() function. 6. Create a monthly summary sheet with total expenses, average daily expenses, and percentage allocation for each category. 7. Visualize the data using graphs and charts like pie charts, line charts, and bar charts. 8. Analyze the data, identify trends, and adjust spending habits to stay within budget and ensure responsible financial management.