- Domestic Budget:
- Business Budget:
Budget Spreadsheet 01
Budget Spreadsheet 02
Budget Spreadsheet 03
- Home budget
- Family budget
- Business budget
- Education budget
Budget Planner 01
Budget Planner 02
Budget Planner 03
Budget Planner 04
- Find out how much you take home after you pay your taxes.
- Subtract all EMIs on loans and insurances to figure out your working budget.
- Include tips, bonuses and incentives.
- Include any and all supplementary income in the form of tuitions, baby sitting or dog walking.
- Don’t just guess. Make a calculated guess.
- Consult old receipts so that you can make realistic estimates.
- Save old receipts in order to reconcile your budget at the end of the month.
- Keep track of your biggest sources of expenditure so that recurring expenses like gas, groceries and electricity never go above budget.
- This is the easiest way to motivate yourself to stick to a goal.
- The goal oriented approach is great way to measure you success or failure at sticking to your budget.
- Ensure that your goals are small and realistic. Those are easier to work towards and you’re less likely to get disheartened.
- Slowly build your goals upon one another. Use multiple short term goals to slowly build up to a bigger goal. So putting aside 5% of your weekly income over a period of a month is easier that trying to save 20% of your monthly salary.
- For example, you can use our Budget template excel worksheet to split up your Monthly budget into small achievable goals like a weekly target on savings that you add to until you reach your monthly savings target.
- Allocate funds sensibly.
- Prioritize necessities over desires.
- Divide your budget into detailed categories like household maintenance, groceries, entertainment, clothing and medical expenses.
- Understand the difference between needs and wants. For instance, a pedicure is a luxury that you may or may not choose to spend on, but monthly groceries are a non-negotiable necessity.
- Always maintain an emergency fund to provide for unexpected circumstances.
- Do not underestimate incidental expenses.
- Try to record every expense with the help of a small notebook or simply pay in cash and check your wallet at the end of the day to see how much you’ve spent.
- These seemingly insignificant little expenses can add up to a substantial discrepancy at the end of the month if unchecked.
- Saving is a habit that must be inculcated slowly.
- Save a little across the board instead of cutting down on all fronts.
- Be sure to treat yourself once in a while as encouragement to stick to your budget plan.
- At the end of each month compare your total expenditure and total income. Slowly but consistently try to save a little extra every month until you reach your goal.
- This is one of the most important aspects of smart budgeting.
- Your choice of budgeting tools can make or break your budget.
- Not only do you need to know How to make a budget, you also need the proper tools to enable you to stick to it.
- A Budget planner is the first basic tool that you need to have.
- You may draw up your own or use a Budget worksheet.
- With a Budget template excel sheet is perfect for drawing up and customizing budgets for various purposes.
- Both your budget and your tools will depend on your individual needs.
- A college student, a stay at home mother, a teacher and a corporate CEO will not have the same needs so ensure that your budget and budgetary tools suit your purpose.
- A clear understanding of your needs will help you choose the right template for your budget.
- While you may use different budgets to control your financial resources in various aspects of my life, do not go overboard.
- It is best to stick to a maximum of three budgets otherwise you may lose track of them all.
- Too many budgets and too many budgetary tools are confusing. Once you find one that suits you, stick to it.
- Don’t stick to the same budget. Switch it up every few months. At most have a Five Year Plan.
- Some budgets help save for short term goals and others for long term goals, so design your budget for a time period.
- Try to work around your payment schedule so that your budget coincides with either your salary or your bills.
- Feel free to mix it up. You may calculate some expenses on a monthly basis like electricity, while you calculate others like daily commuting expenses on a weekly basis.
monthly budget template 01
monthly budget template 02
monthly budget template 03
Budget Template 01
Budget Template 02
Budget Template 03
Budget Template 04
Household budget template 01
Household budget template 02
Household budget template 03
Household budget template 04
- Templates are neat and extremely user friendly.
- They are absolutely ready to use.
- Most of these templates are easy to download and saves manual labor to a great extent.
- They are neat and uncluttered.
- They help you tabulate your income and expenditure in such a way that you can see it all at a glance.
- Different Templates provide in a variety of formats ranging from MS Excel, MS Word and PDF options.
- The Templates are detailed; flexible and equipped to accommodate a variety of customizations without a hitch.
- It is given you an economical and completely hassle free solution to all your budgetary woes.
- These templates are designed by professionals who ensure that they meet optimum business standards.
- Understand you budgetary needs.
- Select the Template that suits your needs.
- Choose a convenient format (MS Word/ MS Excel/ PDF).
- Download the template in that format.
- Fill in your personal details and budgetary data.
- Organize your income and expenditure.
- Compute your data and incorporate any required changes.
Budget Worksheet 01
Budget Worksheet 02
Budget Worksheet 03
Personal budget template 01
Personal budget template 02
Personal budget template 03
Personal budget template 04
Business budget template 01
Business budget template 02
Business budget template 03