Category: budget

19+ Monthly Budget Templates Elements

You are probably considering several monthly budget template, which you believed, will be able to help you with a better financial management. That’s okay. As long as you know your option and you are being honest with your financial situation, things can run better and more efficient on your part.

Monthly Budget Purpose

When you decide to choose a certain monthly budget template, you need to know what the purpose of your action is. The budget has its own benefits and perks, and they are:

  • It helps you track the expenses and spending
  • It helps you with inflow as well as outflow estimation – and how you plan on using the money
  • It provides the idea for the entire financial budget, especially for the month
  • It helps manage your finance and prevent any hassle or confusion
  • It is used for determining a cost of a project or a plan
  • It helps you to stay away from financial problem and chaotic management

Because the monthly budget is designed to help you manage your finance, it generally consists of these elements:

  • The monthly forms of the inflow as well as outflow
  • There are sections, in case there are detailed planning that needs to be sorted out, apart from the major expenses
  • The planning of how the money is managed – whether earned or spent

When you want to create the monthly budget, whether using the monthly budget template or using your own, here are the things that you should do and have:

  • You need to have a full information of the income, spending, inflow and also outflow
  • Lists the transactions that you generally have, followed by the extra ones. For instance, utilities, gas for cars, or school fee will be included in the major expenses lists, while holiday or buy a new bed sheet should be included in the extra spending.

Finding the Right Templates

When you want to find the right template for your financial needs, there are some things to remember:

  • There are different templates for different purposes. There are budget templates for regular household management and there are templates for business. There are templates for both regular and business needs. You just need to choose the right type for your requirements
  • Each template may come with its special features and specs. For instance, some templates may come with tax calculation section. Some templates are super complicated, with sections and sub-sections. Some, however, may be super simple with only some sections.
  • The sources should be trusted and reliable. You want to choose the right websites without any shady operation. You always want to choose the right source with easy operation – with easy saving and download option
  • If the sources have a wide option of collections, it would be even better. You can choose the regular budget template, but who knows? Maybe someday you are thinking about expanding your skills and abilities, and you want to choose the templates for business.
  • Find the templates with a wider option of saving, downloading, and printing. With so many different options of monthly budget template, you won’t have to worry about a thing anymore.

19+ Monthly Budget Template for Better Financial Standing

Not many people are familiar with the proper monthly budget template for their needs. Sometimes, they even mix up their personal budgets with their business’ – which can lead to a chaos. Not many people even understand the importance of proper monthly budgeting and planning. If you want to make sure that you can plan and manage your financial correctly, having the template can help.

The Importance of Monthly Budgeting

You just opened your wallet just to realize that some money is missing. You think long and hard and realize that it’s used for buying a cup of coffee and other stuff. Does it happen to you quite often? Do you often have difficult times tracing and tracking your spending? Are you always wondering why you are often short of money? If this is your case, then you should have a monthly budget planning to help you with your finance.

Basically, there are some benefits of knowing the monthly budget template, such as:

  • You can have a well-managed expenses. With the monthly budgeting, you can plan out the major expenses that you will have to make (for utilities, grocery, food, etc) and then the extra spending. In case you still have the extra money, you can plan it to buy something else – or to save it.
  • You can track your income and also spending. By tracking to which areas your money goes, you won’t have to deal with confusion anymore. No need to get confused of where to get the money (whether you have a main job and side jobs) and no need to confuse of how you will spend the money.
  • You can manage a better financial standing. If you can plan your spending, and then you can track your expenses – as well as planning your income – then you won’t have to worry about having a messy and chaotic financial condition.
  • You can prevent financial problem, including bankruptcy. You can also create a better and stronger financial condition and future
  • You can have a stress-free life – which also affects your health. The monthly budget allows you to have more power over your finance. And you won’t have to deal with constant worry or confusion.

How to Find the Right Template

There are so many different monthly budget template out there, so how do you know that you have chosen the right one?

  • First of all, you need to choose a trusted and reliable source for the templates. Stay away from shady websites.
  • Be honest about your financial condition. This isn’t an easy fact but you need to come clean if you want to have a cleaner and better financial situation.
  • Collect your materials of expenses. What are the utilities you need to pay? What are the other common extra expenses to make. Collect the bills – internet, cable, credit card, water, gas, electricity, rent, etc.
  • Determine your source of income. Do you have the main job? What about the side jobs?
  • Make sure that your expenses are less than your income.

Check the sources for the right format and be sure that it suits your needs. Only by doing so, you can be sure that the monthly budget template will be perfect for your needs.

10+ Budget Template to Help You Manage Your Finance

With the help of budget template, you can manage your finance in a simpler and easier manner. Never underestimate the simple action of bookkeeping and financial management. If you don’t do it properly or correctly, you may experience chaotic financial arrangement and management. When you are able to combine smart financial planning and effective budgeting template, you won’t have to worry about anything.

The Major Functions

As the name suggests, the budget template is the guidance of how to manage your money. There are tons of different templates available for your needs; from the very simple one dedicated for personal use only to the complicated one dedicated for business. The idea is to help you manage and plan your finance so tracking would be easy. Today’s household can be quite complicated and difficult. If you don’t have anything to help you track the finance, you are doomed.

The Different Types

As it was mentioned before, there are different templates for different purposes and needs. In most cases, the templates consist of tables that will differentiate each section.

  • There are super simple templates, containing only the date, the income and expenses. You only need to fill in the dates of when you get the money, how much of it, and then the dates of when you spend it, how much, and for what.
  • There are also complicated templates, generally designed for businesses. Besides the common income and expenses, there are also supplies, debts, and such thing alike
  • There are templates for weekly or monthly. If you want to, such a template can be accompanied by a tracker – also in a written form
  • There are the already fixed templates in pdf format. You can print it but you can’t change the contents
  • There are templates that can be tweaked and changed. Not only they are available in the printable forms, they are also available in digital files for saving
  • There are templates for entire family planning, including the small details.

Tips in Using the Budget Templates

In the event that you are interested in using the budget template, there are some basic things that you need to know:

  • It takes dedication and determination to use it. Planning, making draft, calculation, and execution require a strong dedication. You will have to be discipline enough to plan and manage your finance as planned
  • Choose the template that you need. From the many types of them available out there, there has to be one template that can fulfill your needs.
  • Don’t underestimate the budgeting by thinking that it is only a written form of financial planning. If you are able to plan everything and then execute it properly, you can actually enjoy a well-managed financial condition.
  • You need to be honest about your own financial condition. If it is somewhat in a chaotic state, you will have to ask for a help from a professional.

The template can provide a written guidance and help, but it is you yourself who has to be discipline and solid about the planning and arrangement. If you can use the budget template properly, you may be able to have a better financial management.

20+ Excel Budget Template

Calculating Your Budget Easier

Doing different kinds of transactions are very usual that we do every day. Whether doing it by cash or by debit or credit card. In order to make these transactions organized, it is suggested to have your own note of budget. However, doing it manually will spend too much time you might use to do

What is Excel Budget Template?

Excel budget template is a template of Excel formulas you can use to organize your budget in a much easier and faster way. Instead of making the formulas on your own, you can download many variations of the templates on the internet. Not only for your personal budgeting per month but there are also kinds of Excel budget template for students, retirement, home, household, holiday, business, wedding, and other events.

What Is the Purpose of Excel Budget Template?

  1. Taking notes of the incomes and expenses.

Even though this might sound like a trivial thing to do but actually taking notes of these are very important, especially the expenses. By taking notes on and even keeping the bills every day, you can always remind yourself of how much you have spent in a period of time. To make your financial cycle better, this is important as well, other than planning and budgeting.

  1. Knowing which department you can cut off to save up.
    At the end of the week or month (depend on your preference), you will see your whole transaction for each department of your needs. For an example, when you download the Excel budget template, it requires you to fill the columns in foods, groceries, transportations, rent, health care, and credit card debts. You can see which department you spend your money the most and may plan over so you can save up or have investment.
  2. Having a personalized record of transactions.

How to Get Excel Budget Template?

  1. You have to ensure if you have the Excel program on your computer and it works well.
  2. Open a browser from your computer and type Excel budget template on the search column.
  3. You can also simply copy this site paste it on your browser.
  4. After that, simply look at each template and pick one that you think suits your necessity the most.
  5. Download your chosen template and now you are a step ahead to pursue a more organized financial life.

Guidelines to Fill in the Excel Budget Template

  1. Open the Excel budget templateyou have downloaded before.
  2. Get familiar with all the columns you are going to use. This includes the position of which part you can note your incomes and expenses.
  3. Do experiments with a mock expense and income before you actually going to count your budget with the template.
  4. If your experiment works successfully, which means it meets your expectation, you can start filling the columns and rows in with your real budget.
  5. It is important to keep it updated daily to keep it well-organized and useful.
  6. Don’t forget to save it after you update the file.