In the spirit of graduation season, we're doing a series of posts every Friday throughout the summer that provide tips for graduating seniors, so stay tuned for more!

Transitioning into post-college life can be pricey, so chances are, you're living (or planning to live) with roommates. Managing expenses and a tight budget can be tricky, especially when you're not just managing your own.

So we're letting you know about the 'shared house expenses' spreadsheet available in the Google Docs templates gallery. It covers all the usual house hold expenses: electricity, gas, water, Internet, phone, groceries, etc. Just enter dollar values for how much people spend on each item, and the spreadsheet will automatically display charts and details like how much each person owes everyone else.

This spreadsheet template was actually created by Googlers who live together and have to manage their own household expenses together. Here's a video of them talking about their own experience.

And if you're also interested in better managing your own money, you can browse the template gallery to find other helpful tools, like the personal budget tracker and the credit card payoff calculator.

For more Apps news

Did you know that Google Docs is just one of several products in Google Apps? To get updates and news on all the Apps products, check out the Google Apps Blog!

Posted by Joyce Sohn, Google Apps Marketing Manager