Weekly Budget Plan helps you achieve your savings targets. What is the importance of a Weekly budget? The value would be achieved if the budgeted goals have been attained for the expenses that are incurred during the week. The Projected End Balance is the amount of money you can save in a week from your income. What does the "Projected End Balance" value mean? The Net Balance is calculated by subtracting the Total Expense from the Total Income and adding the Starting Balance to it. The Net Projected End Balance for all the weeks of the current week is also calculated automatically in this spreadsheet. The Bi-Weekly spreadsheet gives a summary of the Budgeted Amount and the Actual Amount on a bi-weekly basis. Furthermore, the Weekly Budget Template has various heads and associated tables for every subcategory. The spreadsheet maintains the record of each penny spent during any week. The Projected End Balance of difference for the current week is carried forward as the Starting Balance of the following week. The template also provides the details of Month to Date income and expense values. It also helps you make better decisions on your weekly and bi-weekly savings and expenditures. The weekly and bi-weekly analyses help you get a better idea of the overall budget targets and the amount that you are able to save. The net value of each sub-table is calculated separately. You can also get a detailed projected and end balances, and the difference between the two. The sheet provides a weekly budget summary table that offers details of the Starting Balance, Total Income and Total Expense, and the net income and expense specifics. The various categories of the income are: The spreadsheet Weekly Budget records the details of all the income sources and the amount received through each source for a current week. This sheet should be regularly updated to keep track of the actual expense incurred under each head. Also allocate a budget for every type of expense at the start. How to Use Weekly Budget Spreadsheetīegin by downloading the template and recording your income details. It is strongly advised to consult the qualified professionals regarding financial decisions. These templates will come in handy for you to form your budget and help you in saving a lot of time as well as in planning a proper budget.Disclaimer - The spreadsheet and information on this page is intended for educational an illustrative purposes only. All the templates have been taken from reliable sources and are very easy to use. Monthly budget spreadsheets are useful in calculating your monthly budget. ![]() ![]() Using the simple template, you only have to double-check a single value at a time. It becomes difficult to double-check your entries if you enter multiple values in the calculator. ![]() If you have to make the calculations manually, you have to enter all the values of expenditure and income at the same time one after the other. This not only saves a lot of time but also reduces the possibility of error immensely. ![]() The biggest benefit is that the template does the calculations automatically by using inbuilt formulae in Excel instead of you having to do it manually. The sales Budget Templates have various benefits. Simple Monthly Budget Worksheet Templateĭownload Now What are the Benefits of Using the Excel Monthly Budget Templates? After this, the printable template automatically adds up your total income and subtracts it from your total expenditure to give you the amount left. This includes groceries, transportation, insurance, rent, etc. This total income includes fixed income as well as any extra income if applicable.Īfter this, you have to note the monthly expenditure of yourself or all the members of your family. The first thing you have to enter in these templates is the total income of either yourself if you are making a personal budget or all the earning members of the family in case you are making a household budget. How to Use the Excel Monthly Budget Templates?Įxcel Monthly Budget Templates are pretty straightforward to use. This is a very detailed Excel monthly budget template worksheet wherein you can calculate your personal monthly budget by writing about your different expenses and your total monthly income including any extra income.
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