![]() Customize income and expenses categories. ![]() You can use Microsoft® Excel, Numbers on a Mac or online Google Sheets to edit it.įilling the first column of your spreadsheet is taking the first step towards financial stability. Fill the form above to receive the spreadsheet and PDF versions of the budgeting worksheet to your email for free. Use the budget worksheet to keep track of your income and expenses, check in with yourself to see how you are doing and readjust as needed. How to Use the Savvy Ladies Budget Spreadsheet You’ll also receive a printable PDF version in case you prefer to track your monthly income and expenses by hand. Before you purchase any app membership, download the Savvy Ladies easily customizable and free spreadsheet. And the truth is, there’s little that you can’t do on your own on a spreadsheet. While online apps are practical, especially if they sync with your bank account, they all require a paid subscription. What’s the best one? The answer is simple: the one that you will actually stick with. There are many budgeting methods out there: from online apps to the envelope system and beyond. If you want to take control of your cash flow but aren’t sure where to start, we encourage you to read our budgeting guide and download our free budgeting worksheet and start managing your spending today! Knowing your monthly income and expenses creates mindfulness around your money. Simply follow your budget plan religiously, it can really protect you from going into debt.A budget is an important part of financial well-being. Also, you should constantly check if you have allocated a certain amount for necessities and for the emergency funds. To do so, you must decide ahead of time if you prefer to use cash, credit card, or cheque as payment. Put your budget plan into actionĪfter reviewing your budget plan and considering it to be realistic and attainable, you can finally put it into action. If you think that some areas are difficult to follow, simply make the necessary changes and then review the plan again. This will determine if your printable plan is indeed attainable with the income that you are earning and the expenses that you will need to make. Reviewing the entire content of your budget plan is important and should be done before putting it into action. ![]() Review the plan and make the necessary adjustments Also, include an emergency funds section on your sample plan, this will help back you up if you are experiencing financial struggles. A good budget plan involves a well-balanced income to expense ratio, and you can keep track of that by using a spreadsheet or finance calculators. Design the budget planīefore designing your budget, make sure that you're actually earning more than you're spending and not the other way around. In addition, you might want to identify some money management habits and determine whether or not it enables you to reap rewards in the future. Always keep a record or at least be mindful of where your money is coming from and where it goes. To specific, identify both your income and expenses and keep track of your financial resources with these in mind. Identify both incoming and outgoing flow of moneyĪfter setting your goals, describe your money is being circulated. Look forward to the future and let that vision help you decide what's important to you. Setting realistic goals will enable you to stop worrying about your money getting mishandled and to build up necessary savings. With goals having these traits, you'll be motivated to handle your financial resources wisely and to make smart spending choices. When setting goals for your budget, they should always be smart, realistic, and attainable. ![]() If you are able to identify the purpose, use it as a source of inspiration to really drive yourself into making a professionally-written budget plan. Why do you need to make a budget plan? And is it really necessary that you make one? Behind every basic plan, there will always be a motivation that drove you into making it, so try to identify yours. Identify the need for making the budget plan Here, you'll learn how to make a realistic and attainable budget plan, simply follow the guidelines listed below. Simple planning of a budget is comparatively easy, but there are actually factors that need to be considered to really plan a budget effectively. ![]()
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