![]() ![]() So, if you spend more than you budgeted for, the value in the Difference column will be red - to help it stand out as a warning. ![]() The spreadsheet uses the accounting format where negative numbers are in parenthesis like (115.00), and conditional formatting is used to make the negative numbers red - red means bad in this case. The calculations in the "Difference" column are set up so that negative numbers are bad. Using the Personal Monthly Budget Template See our articles Make a Budget and 5 Basic Budgeting Tips if you are just getting started or new to budgeting. At the end of the month, you record in the "Actual" column how much you really spent during the month.įor a more detailed set of budget categories, see the Household Budget worksheet. This represents your goal - you're trying to keep from spending more than this amount. You record your desired budget for each category in the "Budget" column. The purpose of this type of budget worksheet is to compare your monthly budget with your actual income and expenses. ![]() Some numbers are included in the Home Expenses category as an example, but you'll want to replace those numbers with your own. So let set our saving priorities today by downloading weekly budget template.To use this template, just fill in numbers that are highlighted with a light-blue background (the Budget and Actual columns). Also weekly or bi-weekly review of expenditure and income saves us from the end of the month stress due over spending. A weekly check on the income and expenses helps us in prioritizing our needs from our wants, it also helps to keep our finances on track.Weekly planning and monitoring the budget helps us to identify and curb out unnecessary expenses and reach our financial goals. Saving for a rainy day is very important as unexpected circumstances and expenses can arise uninformed. Savings for unexpected expenses: Weekly budget monitoring helps in saving for expected and unexpected emergency costs.Early indicator: A weekly budget template can serve as an early indicator of your approaching financial crunch due to over spending.Control outgoings: Budget templates helps us control our outgoings by providing us the synopsis of expense and income.Focus on Savings: Maintaining a template gives us a fair idea whether or not our saving goals are being met. ![]() Control over Expenses : Weekly monitoring of expenses helps us curb our wish to over spend.Below are a few importance of weekly budget template: Weekly budget template helps you to prioritize your expenditure’s and manage your savings. Alternatively, download a budget template to your pc or Smartphone. You can draw this on your notebook if you carry one often. All you need is a table with different columns for entering things that you buy often. The best thing about personal weekly budgets is that they are flexible in many ways. The third table includes details about the monthly expenses and a column to show projected income v/s expense, actual income v/s expense and the difference amount. The sample includes 3 tables first table provides information about 15days fixed income, extra income and total income similarly second table provides information about next 15 days fixed income, extra income and total income. This sample is useful for people who get paid on bi-weekly basis. | This format divides the month into bi-week i.e. Sample Bi-Weekly Personal Budget Template Excel Format The break up is as per Income: expected, actual, difference, Savings (emergency funds): expected, actual, difference and finally Expenses: expected, actual, difference and at the bottom it has a column to mention cash shortage / surplus viz-a-viz the income. This template is an elaborate monthly budget sheet that provides information about the Income, Savings, and Expenses. Printable Monthly and Weekly Budget Sheet It bifurcates the expenses into types of expense like grocery, medical bills, movie, entertainment, shopping and other expenses and a column to mention the total expense of the week. This sample is a printable version of weekly expense tracker. A look at the planner at the end of the month gives an overview of expenses made in each week. The column against each day provides space to mention the expense for that particular day and a column at the end of the week to mention the total expense for the week. This planner divides the month into 4 weeks and further to 7 days of the week. Download Now Weekly Budget and Spending Functional Planner ![]()
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