![]() ![]() Initial Setup: Enter personal income and set up expense categories.Accessing the Template: Find and copy the template to your Google Drive.Step-by-Step Guide on How to Use the General Budget Template Cost-Effectiveness: A free alternative to expensive budgeting tools and software.Real-Time Collaboration: Multiple users can view and edit the budget simultaneously.Accessibility: Access the template from anywhere with an internet connection.Time-Saving: Reduces time spent on manual calculations, freeing up more time for decision-making.Financial Organization: Provides a systematic approach to managing finances.Security: Google Sheets' robust security features protect your financial information.īenefits of Using the General Budget Template.Compatibility: Works smoothly on both mobile and desktop devices.Visuals: Graphs and charts turn numbers into easy-to-understand financial data.Automatic Calculations: Formulas instantly calculate totals, minimizing errors and time spent.User-Friendly Design: Navigate the template easily, ideal for those new to budgeting.Customizability: Tailor income and expense categories to specific financial needs.Key Features of the General Budget Template Its user-friendly design ensures easy financial tracking and planning. Coefficient’s General Budget Template provides a free, flexible way to manage finances for personal or business use. Savings: emergency fund, RRSPs, RESPs, TFSAs, seasonal expenses (e.g.Budgeting is essential for financial health. Personal: tobacco, alcohol, books, music, clothing and shoes, donations, subscriptionsĮating Out: meals, snacks, take-out, beverages (coffee, tea, juice, soft drinks)Įntertainment: recreation, sports equipment and fees, movies, concerts, hobbies, gamingĬhild: daycare, lessons and activities, allowance, school supplies and fees, babysitting, programs, tutorsĭebt Payments: credit cards, loans, leases, support payments, government debts, personal debt Health Care: medical premiums, life insurance, medication, eye care, dental, supplements, wellness costs Transportation: fuel, auto insurance, transit, parking, taxi, rentals, car sharing, tolls Living: personal care, bank fees, salon and spa services, dry cleaning, pet costs, memberships (fitness, clubs, associations) Groceries: food, baby needs, household supplies, toiletries Household: furnace, water tank, roof and gutters, decor, upgrades, storage locker, gardening, cleaning services, outdoor equipment and maintenance Utilities: phone/cell, cable/internet, gas, hydro, security Housing: mortgage, rent, strata fees, house insurance, property taxes View a sample of a completed tracker (from the previous version of our Monthly Expenses Tracker).Įxpense Categories – Know Where Your Money is Going This becomes the cash balance for the next week. If there’s a surplus, you should have money in your wallet or bank account. Total all columns and subtract actual expenses from actual income.On these pages, keep track of seasonal expenses rather than recording on your weekly pages. You also need to record weekly savings amounts on pages 14 – 15 of the Expense Tracker.You may want to track coffees, dining out, or fuel separately. You can then use the blank columns to create your own categories. List the dates down the left side and record actual money spent each day.You should also list any income you may expect to receive during each week. ![]() Record cash balances on hand or in your bank account.For example, a 7 day tracking period would be March 30th to April 5th. For each week, record dates you are tracking.The expense categories listed further below and on page 1 of the Expense Tracker will help you decide which expenses to record where.Open a copy of our Monthly Expense Tracker. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |