Budget planning allows you to determine how much you are really spending, decide where you can save and if some reorganization of funds is due. A budget — alternatively referred to as an "Estimate" — is an approximate calculation of any expected costs in comparison to incoming funds. Finances can be difficult to manage, but with some help, you can set timelines, track progress, and keep all details organized while taking all of the necessary paperwork into account. Download our printable budget templates to manage your finances at work or at home while reducing debt.
The most common types of at-home budget spreadsheets include the following:
There are several types of budgets according to the function it serves:
A personalized budget worksheet allows you to see how your spending compares to your income. The worksheet should contain a breakdown of your expenditures — including the monthly total for housing expenses, the money spent on food, transportation, health, personal spending, and other payments, and a monthly total of income — paychecks and other income, both after taxes. Keeping a clear-headed outlook of the money you spend will give a realistic true image of your personal cash flow, which will, in turn, allow you to make better financial decisions.
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