Breaking out your expenses into specific categories will help give you a better idea of where you are spending and therefore where you may be able to cut back. If you have multiple savings goals, add a sub-category for each one. If you have a negative NET, then you'll need to cut back somewhere or earn more money. If you have extra (a Positive NET value), then you could allocate that to savings or paying off debt for example. When creating your budget, you would generally want to make the NET (Income-Expenses) equal to zero. There is a lot of information about this step inside the budget calculator Instructions worksheet, including the following:īudget Guideline #1 - Total Allocation or "It All Goes Somewhere" Step 3: Modify the Month labels as needed, depending on when you are starting your budget. Remember the note about copying/inserting entire rows. Step 2: Edit, Add, or Delete sub-categories as needed. This will usually be the sum of the balances in your spending account(s). Step 1: Enter your Current Balance as of Month 1.
FREE EXCEL BUDGET PLANNER HOW TO
Please read through the instructions before asking me questions about how to use the budget calculator. Instructions: I've included a fairly extensive set of instructions and tips in the Instructions worksheet. Easy to edit/add/remove budget sub-categories (major categories not so easy, but doable).Fairly comprehensive list of budget categories.Calculates the Percentage (%) of Income for each major expense category.Actual spending for each month and each major budget category. Calculates the difference between Budgeted and Actual expenses on a monthly basis.Either of the two, Choose what is most convenient, and after you are done with everything, you can now start tracking your daily, weekly, monthly, or yearly expenses in no time just by using our template. Or you can also save it to your computer or send it to your boss for further revision. Record and PrintĪfter everything is set, you can start saving your output in Microsoft Excel and print it. Afterward, start making a quick peek of the income and expenses that you have for the week, month, or year so you can prioritize the areas that you need to track and pay attention to. If you are done recording your expenses, you have to review all the details that you have put on your sheet. After you have recorded your expenses accordingly, you can now calculate the estimated total of your expenses and record it for further revisions. You have to categorize the costs that you have for the week, month, and year for secure compilation. Tally Your ExpensesĪfter sorting out your expenses, you have to record it down on your Blank Sheet. In the listing, you have to make sure to sort out the things or expenses that you have to put on your budget template to correctly categorize the items that you spent money with for the week, month, or year. In this way, you can project the value of money that comes in and out in your company or your personal. You have to Simply list every estimated value and actual value of the materials or expenses that you are going to spend money within the week, month, or year. Either way, you can still seek the help of our ready-made Personal Budget Templates to ease the hassle of creating your budget from scratch.
Our template will significantly help you in tracking the expenses your company has tasks you to do, or you want to track your expenses to know how you would be able to budget your allowances. Work With a TemplateĪs we mentioned earlier, it might be hard to start budgeting if you do not have a template to work on.
That is why we have some guide tips below that you can use as a reference on how to effectively make your Budgeting easier. It might be confusing from the time that you start plotting your expenses, especially if you are creating a budget for your business. But if you wish to track your expenses without the hassle of creating it from scratch, then you can try our Ready-Made Templates instead. You can also make your expense budget on a spreadsheet or worksheet. A budget template would help an individual or a company to track down their expenses on time.
FREE EXCEL BUDGET PLANNER DOWNLOAD
So, Download now!Ī budget template is a template that documents the weekly, monthly, and yearly budget allocation of a company or individual. We will guarantee you a good and satisfactory output for your Budgeting needs. No need to go far and leave the hassle to us just by downloading our downloadable and printable ready-made templates. Our templates are 100% customizable and editable and are also available in A4 and US letter sizes. These templates have original suggestive headings and contents that you can easily edit. That is why we are offering our Ready-Made Budget Templates that you can download in Microsoft Excel. Budgeting your money might not be an exciting way to do, and creating a budget from scratch would be quite a hassle.
0 kommentar(er)
