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Sample budget spreadsheet excel12/6/2023 If you like the convenience of all of your financial planning tools in one place, Mint is a solid choice. You can connect all of your bank accounts, including investments, so you have a quick financial picture at hand. ![]() You can track spending, monitor subscriptions, create custom budgets, and more. If you like having all of your financial data in your hand, Mint is worth a look. Automation is a great psychological trick to help you gain control of your finances. You can also automate payments, for example, by putting away a set amount of cash every month to save money. Most banks provide apps that link to your checking account and credit card, allowing you to automatically track expenses. Start by making the most of any features your bank offers. Here are some of the best budgeting apps to help automate money management, giving you more control over your cash so you can meet your financial goals while thinking about them less. ![]() Again, look to simple technology to streamline your efforts, saving you time and energy. ![]() Budgeting apps and tools can then help you put that plan into action. Using the tools above, you can craft a conscious spending plan. My 2 Favorite Budgeting Apps and Tools to Help with Money Management The formula at the end (subtracting expenses from income) provides a picture of your financial health and can help you figure out how to better manage your money. The free budget spreadsheet is available to download as a PDF and provides a list of proposed income and expense budget categories - you just have to fill in the dollar amounts. The Federal Trade Commission (FTC) offers another handy budgeting tool. The Federal Trade Commission’s budget worksheet There are also budget calculators to help you stick to your selected budgeting rule, like the 50/20/30 rule (which dictates that 50% of your budget goes to essential fixed and variable expenses, 20% goes to savings and debts, and 30% goes to the rest). If you have a Google account, you can access free templates covering weekly, monthly, and annual budgets. Google Sheets offers another budgeting method. If you have the Microsoft Office suite, you can access these Excel templates for free. There are even specialty templates, such as a personal monthly budget, a college budget, a home construction budget, and an event planning budget. These free budget templates are an easy way to get an overview of your cash flow (monthly expenses versus monthly income). Microsoft Excel isn’t all about complex formulas. The aim is to use tools that allow you to devote fewer hours to your money management. When it comes to budget templates, it’s best to keep them simple, and there are many user-friendly tools available to save you time and stress. Does this mean you need to master complex financial formulas? Not at all. The thought of creating a budget spreadsheet can be intimidating. While geared towards IT, much of it can be applied to any budgeting project.3 Budget Spreadsheet Templates to Get You Started
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