![]() Our budget is based directly off of these templates and we have used them for years in order to control our spending, show us were our money is going, and to give us timely information about the state of our finances. ![]() We have two basic templates that you can use to create your own budget. Below the video we also have links to a template that you can use to create your own budget. In the quick tutorial below you will see how we created our budget in Google Sheets and learn how to create your own. To complete our budget, we use Google Sheets. Work out a proposed household budget by inputting your sources of income and projected expenses into. ![]() To begin with, we break our expenses down into two basic sections, wants and needs.ĭepending on your situation, you may need to edit your needs and wants, but we break them down into the following categories:īy keeping each of these areas in our budget, we are able to track our spending and determine if we really need something or if we want it. A good budget helps you reach your spending and savings goals. To get more specific with our budget we need to examine our costs each month. Instructions: Click the link above to download the spreadsheet tool. Some items, like our mortgage, or fixed, but others change depending on the month. Download: MoneySense monthly budget Excel template. Our expenses, costs, are what change on a month to month basis. If your income is not as predictable, we would recommend that you update your budget often to better track your income and try to find an average monthly income. We know what we are going to earn each month, and we can plan very far in advance because of this. For us, we have two general areas that we use as our starting point, income and expenses. Once you have your general areas, you can begin to get more specific with each of the areas. When you are looking to start a budget you really want to break down your areas of concern as simply as possible. You will also find links to our budget and downloads if you prefer a different version. Below you will find resources to help you start your own budget along with a tutorial on how we setup our budget. weekly budget template 01 (87.22 KB) weekly budget template 02 (50.80 KB) weekly budget template 03 (53.80 KB) weekly budget template 04 (16.46 KB) weekly budget template 05 (72.00 KB) weekly budget template 06 (32.00 KB) weekly budget template 07 (51. With insert function you can easily manage calculations and find out the loopholes in your budget, if any. We use Google Sheets to help us keep our budget in order and with us at all times. Budget Templates on Excel sheets are easier to manage as the addition and deletion of categories like income, housing, living costs, bills, outings all and everything can be listed easily. Our budget is fluid, flexible, and works for us.
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