I set up my Google Sheets monthly budget on a computer, but the app makes it easy to budget on the go.Īfter making a purchase, I open the Google Sheets app immediately and use the Transactions spreadsheet to enter the date, amount, description and category of my expense.Īnd whenever I get a paycheck, I go to the same spreadsheet and make a note of the income. Transactions spreadsheet: Log your income and expenses 4. The neat thing is that as you add your income and expenses to this sheet, it will automatically update the other one. When you scroll to the bottom of the Google Sheets monthly budget spreadsheet that’s pictured above, you’ll see a tab for a second spreadsheet called “Transactions.” Summary spreadsheet: Monthly budget (unedited) 3. Added my projected income for the month.Overhauled the expense categories to be more specific.Adjusted the starting balance in cell L8.Clicked the orange “Monthly Budget” and renamed it.Here are a few of the changes I made to the template for personalization: With just a few clicks of the mouse, you can customize it based on your preferences. The monthly budget template is pretty basic, but I still believe it’s a powerful tool. You can edit the existing budget template or make a copy by clicking “File” and “Make a copy.” 2. ![]() If you don’t see “Monthly budget,” expand the template gallery and scroll down. When you open Google Sheets on your computer, you’ll see a few sample spreadsheets at the top. I’ve provided a few screenshots below to give you some tips and tricks that I’ve picked up since I started budgeting with Google Sheets. No matter what type of budgeting method you use, the standard template that comes with Google Sheets can be customized to work for your style - and you don’t need to be a spreadsheet pro. If you’re not familiar, Google Sheets is a 100% free spreadsheet program offered by Google. I’m always looking for free budgeting tools that can help me manage my money more efficiently, and I think I’ve found a great one with a template that’s included with Google Sheets. This Free Google Sheets Template Makes It Easy to Stay on Budget! Not everyone is comfortable with handing over that sensitive information, but there are other options. Our budget is based directly off of these templates and we have used them for years in order to control our spending, show us were our money is going, and to give us timely information about the state of our finances.Sometimes the right tool is all it takes to get your spending under control.īudgeting apps like Mint, Personal Capital and YNAB (You Need a Budget) are popular, but they also ask you to provide bank login information to track your expenses. We have two basic templates that you can use to create your own budget. Below the video we also have links to a template that you can use to create your own budget. In the quick tutorial below you will see how we created our budget in Google Sheets and learn how to create your own. To complete our budget, we use Google Sheets. To begin with, we break our expenses down into two basic sections, wants and needs.ĭepending on your situation, you may need to edit your needs and wants, but we break them down into the following categories:īy keeping each of these areas in our budget, we are able to track our spending and determine if we really need something or if we want it. To get more specific with our budget we need to examine our costs each month. ![]() Some items, like our mortgage, or fixed, but others change depending on the month. ![]() Our expenses, costs, are what change on a month to month basis. If your income is not as predictable, we would recommend that you update your budget often to better track your income and try to find an average monthly income. ![]() We know what we are going to earn each month, and we can plan very far in advance because of this. For us, we have two general areas that we use as our starting point, income and expenses. Once you have your general areas, you can begin to get more specific with each of the areas. When you are looking to start a budget you really want to break down your areas of concern as simply as possible. You will also find links to our budget and downloads if you prefer a different version. Below you will find resources to help you start your own budget along with a tutorial on how we setup our budget. We use Google Sheets to help us keep our budget in order and with us at all times. Our budget is fluid, flexible, and works for us.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |