If you want to budget your money properly, you may want to use a Personal Bills Spreadsheet Template. This template is free to download, and can be used with desktop Excel or the Excel online application. It includes two worksheets dedicated to your income and expenses. On the Expense tab, you should input your monthly expenses. In the Summary worksheet, you can track your income and expenses by month. The Expense section contains standard expense categories and subcategories, which makes sorting and filtering your data easy.
To create a budget, divide the year into months and type in your income and expenses in the corresponding cells. For example, if you’re budgeting for half of the year, you’ll want to include January through June. Type in your income in the first cell, and then your expenses in the next cell. When you’re finished, Excel will automatically calculate your totals and let you know what your expenses were for each month.
If you use a personal budgeting spreadsheet, you should understand the formulas. You’ll also likely learn how to use Excel in the process. Be sure to note that the personal budgeting templates are just examples and are not intended to be used as is. Make sure you understand the formulas before applying them to your specific situation. If you’re unsure about how to use the template, seek advice from a qualified professional.
The Advanced Personal Budgeting template is unique among other personal budgeting tools. It allows you to project your personal finances for up to five years into the future and generates easy-to-read pie chart visuals. Once you’ve completed the worksheet, you can then enter your expenses and income in a pie chart-based dashboard. You can even add granular data to customize your budget and your overall finances. The Personal Bills Spreadsheet Template can help you save time and money.