We have set up an example so that you can see how it works. Differences between budget and actual figures are seen each month and a total page for the year.If your circumstances change, your figures can be updated at any time.The Budget and Banking worksheets for the year printed on one page.There are five income codes and thirteen expenditure codes.Income and expenditure categories can be named to suit your needs, e.g.Budget for the year entered on one page.Easy to use – set up and run in 5 minutes.Free to download and use – No catches and no adverts.The personal budget spreadsheet includes actual bank figures. When looking at your income, don’t forget to include salary increases, overtime and bonuses.įull instructions are available on how to set up the budgeting Template in Excel. It is always worth being realistic about the figures posted. Other costs will vary, especially for Birthdays, holidays, Christmas and any exceptional circumstances. Some entries are easy to post and are the same each month, like monthly direct debits. Start by looking at your previous year’s figures and decide if they will change this year. It will include things like car servicing, a cup of coffee while you are out, and clothes shopping. When setting up your budget, you must be realistic about your spending and look at your costs. It can assist in finding where savings can be made lots of useful websites can show you the best way to reduce your outgoings one of our favourites is Money Saving Expert. Seeing your accounts on one page can help to achieve this. Keeping costs down can be critical, especially if finances are tight, saving for something or paying off debt. Check out a list of money saving products I use, in order to drive your costs lower on things like cell phones, internet, energy, water, insurance, and much more.Not only can you set up a budget on one page for the year, but by adding your actual banking of income and expenses month by month, you can compare your budgeting with actual figures. It will be a lot of hard work and a challenge, but completely worth it. Now that you know what your budget looks like, the fun work begins – optimizing your monthly budget. Ideally, this personal finance budget planner will allow you to predict how much cash flow you have available to spend during a given month so that you can plan throughout the year. You should really only need to update your sheet periodically as an income or expense item changes in amount, or at the end of every month as you you receive your statements. Next, you will want to fill out your one-time items:įinally, add your totals on the corresponding rows (12 and 45 in the original) on the ‘Total Budget’ sheet: First, grab your W2 so that you can input all of your income rows, in the section as shown below: Here is a step-by-step process for filling out your budget.ġ. However, make sure that the formulas in the ‘Total’ rows compensate for your alterations. How to Use your Free Personal Budget Planner SpreadsheetĮveryone’s personal income and expense lines are going to vary slightly from what you will find in this personal budget planner. csv spreadsheet file, you can also select ‘File’ and ‘Download’ to download the spreadsheet in the format of your choice. If you prefer an offline Excel (.xlsx) file or. Do not request to share as that will not do anything – just make a copy and use the copy for your personal use. Now you should be able to edit your own version in Google Docs. If you do not have a Google account, create one here. In order to save and edit your own version of this spreadsheet, you’ll need to first log in to your Google account, select ‘File’, and ‘Make a Copy’. You’ll notice that you cannot edit this spreadsheet.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |