With this result, you can project the amount you are willing to budget. Then, add up everything and divide the sum by the amount of time. If you want to start a budget plan, the first thing you should do is to find out how much you are spending for a specific time frame. Below are tips in making a personal budget in Microsoft Office Excel. If you want to set aside money, putting it under the mattress is not the solution. Based on the data reported by Statista in 2019, 7.6 percent of the Americans preserve their capital for the future, which amounted to 1,289.8 billion U.S. However, the saving rate still relies on the economic environment. When it comes to personal finance, the meaning of savings is preserving money for future spendings. If you want more 100% customizable, easily editable, professionally made, high-quality, and printable template, subscribe to any of our subscription plans. With this template, tracking your money will be as easy as never before. But if you want to be clear with your spendings, here is a Personal Budget Template straight from our collection. Some might not consider tracking their expenses because it is obvious. That's why you should not neglect little expenses because it could go a long way. Either way, finding a budgeting template or spreadsheet that works best for your finances will help you create a budget and stick to it.Imagine how much money you will make over the years if you collect all the penny you found on the street. If you just want a basic budgeting tool that you can print out and fill in, choose a printable worksheet. If you’re interested in a budgeting solution that will allow you to customize things according to your lifestyle, you’ll want to opt for a template or spreadsheet that you can download and edit. Make Budgeting Easier With a Template or Spreadsheet That Works for You And if aesthetics matter to you, this worksheet has a fun, somewhat whimsical feel due to the bright colors and scripted font. Also unlike the former, it includes a column for writing the difference after you subtract your actual expenses from your expected ones. In comparison to A Cultivated Nest’s printable budget sheet, this one is more detailed because the subcategories are already filled in for you. This free budget worksheet from A Mom’s Take is printable, which is perfect if you’re not committed to the idea of doing your number crunching online. As an added bonus, the bottom of the template includes a colorful doughnut chart that details a percentage breakdown of your monthly expenses. In the middle of the doc, you can plug in your actual and budgeted expenses. This simple monthly budget template found on TheGoodocs is designed to open in Google Docs and features a budget summary up top that includes total income and expenses, the amount saved, the amount overspent and the percentage of your budget that you utilized for the month. Free Easy Monthly Budget Template From TheGoodocs There’s also a separate sheet that details a year’s view of credit card payments, which can help give you insight into that specific area of spending. While you can choose to viewyour income and expenses by month, you can also use the yearly sheet to get a comprehensive month-to-month overview of your income and fixed expenses.
This Google Sheets budget planner from 20somethingfinance stands out because it allows you to track a year’s worth of budgeting at a time.