#PERSONAL BUDGET PLANNING TEMPLATE HOW TO#
#PERSONAL BUDGET PLANNING TEMPLATE DOWNLOAD#

You may learn how to use Excel better in the process. If you use and customize any template for your personal budget, make sure you understand how it works and always double-check the formulas. 3, Enter your monthly income (Incoming Money), expenses (Outgoing Money) and savings (.

#PERSONAL BUDGET PLANNING TEMPLATE DOWNLOAD#

And remember: every dollar counts Manage your budget with our collection of free budget templates available in A4, A5, Letter and Half Letter size to download for use at home and in the office. The flexibility comes at the price of possibly deleting or messing up an important formula, or making bad assumptions. Because one of the best ways to save money, meet your savings goals and accumulate personal capital is to manage them well. In my opinion, the #1 problem associated with using a spreadsheet for your personal budget is the chance that you'll make errors. it's just a disclosure to say that I don't ONLY use Excel any more.Ī spreadsheet may not be the best budgeting solution for everybody. Set a monthly cap for your spending, then enter your expenses in the database. I started out using Excel to do everything, but I began using Quicken after a friend showed me how easy it was to keep track of checks and credit card charges and download transactions directly from my bank. Track your spending to reach your financial goals. A budget is almost useless without tracking what you are spending. If you want a more complete system that helps you track, plan, and analyze your spending, try the Money Management Template. It provides a simple way to create a budget, especially if you need ideas for budget categories. For expense tracking, you could use my Income and Expense Worksheet, Checkbook Register, or the newer Money Manager. Finance Personal Budget Planner Google Sheets Personal Budget Planner Excel Spreadsheet Stock and Crypto Portfolio Tracker About the shop Shop Sections. The personal budget spreadsheet below is one of my original budget templates. Notion Event Budget Template Personal Notion Budgeting Template. Tracking your income and spending comes both before and after making a budget.

For example, I like to use cell comments to explain certain budgeted items in more detail (such as the fact that in May, there is Mother's Day and a couple of birthdays to remember).Ĭreating a simple personal budget (even if it is only on paper) is one of the first steps to gaining control of your spending habits. The reason I use Excel when working with my home and business budgets is that it gives me complete flexibility to keep track of the information the way I want to. 2, Enter your estimated monthly income and expenses to better understand what changes you should make. If you don't own Excel, then Google Sheets and OpenOffice are free options to consider. Microsoft Excel isn't free, but if you already own Excel, then you can create a budget without purchasing other budgeting software. 42 Effective Ways to Save Money Budgeting Tips for the New Year Why Use Excel for your Personal Budget?įirst reason: it's free.

Personal budget planning template