Successful budgets help you to decide how to spend your money while doing your best to avoid any accumulations of debts or even debt at all. Proper budget worksheets will take all finance information into consideration and basically, all you need as far as input goes is income versus expenses. If you are a parent, college student, homeowner or retired person and need to save some money for something very specific that is coming up, you need to start by filling out a budget worksheet with your monthly income (wages and tax included). Next you would want to enter all of your expenses and if you do not precisely know where and what you are spending on a month to month basis, gather the proper information because, you will want the results to be as accurate as possible. Next you enter your expenses for your basic needs and include your rent or mortgage, your insurances, registration and parking fees or public transportation. Do not forget to include your basics such as your phone bill, utilities, gasoline and medical costs. Once you have the needs covered, move on to the wants which summed up include: clothing and jewellery, travel trips, leisure, entertainment, cinema and any memberships you may have. You also want to take a close look at your savings and debt repayment as this is one of the most important aspects of developing your budget goals through your spreadsheet. Budget worksheets are a great way to start establishing your financial overview and budgethub will help and assist you along the way.
Printed Free Budget Worksheet
A set of properly configured budget worksheets should be the main part of your personal finance management system. It is the main part of your budget. There is a vast ocean of different types of budget worksheets; but there are a select few that are the best for household and family use. Finding an average worksheet is easy; and it can take a skilled eye to find a great one. If you are skilled in many office programs you are also able to create your own budget spreadsheet if that is desirable. Whichever way you decide to go, a good budget will make your financial aspirations come true.
Budget sheets are just now becoming trendy as many people around the world are recovering from the financial crash. These budget sheets come with many different names; these include ‘worksheets’ and ‘spreadsheets’. They should not cost much money as there are literally thousands of reiterations available on the internet, some of which are free. By reading up on spreadsheets, you should also be able to create your own personalized budget sheet in a matter of hours.
Here are the best available budget worksheets
Like previously stated, there are many different kinds of budget sheets available. In all of these types, there are a few things that you should keep your eyes peeled for. This list includes mobile compatibility, customization, simplicity, and collaboration readiness.
Mobile compatible – In this day and age you ideally want your budget worksheets to be compatible with the latest smartphone technology. By now, you most likely have a computer in your pocket that follows you everywhere. Make use of it and make sure your worksheet for your budget is set up to be compatible with your mobile device.
Customization – A lot of the older budget spreadsheets were static in nature. This was before many people knew how to use a computer, so the spreadsheets were unable to be edited correctly. Now, however, just about any financial worksheet that you download will be able to be edited. These can be edited in any spreadsheet software or PDF editor.
Simplicity – Another gigantic thing to search for in a budgeting spreadsheet is the simplicity. If it hurts your head just thinking about it, the worksheet is probably not the right decision. You’re going to be spending many days with the budget planner that you pick; so it would be in your best interest to make it a good one.
Collaboration capability – If there are going to be multiple people using the same budgeting worksheet with the same information loaded in; you will need to find one that is ready to be collaborated on with a number of trustworthy people. The number one option is to use Google Sheets to create and share a budgeting worksheet with your family.
HOW TO FIND BUDGET WORKSHEETS
Finding a free budget worksheet in today’s world has never been easier. What is not so easy for most people is sticking to their financial guns regarding the goals they are setting through their budget worksheet once it has all been filled out. Ideally, a person would be able to find a budgeting spreadsheet or budgeting worksheet (however you want to call it, I use both words frequently as they are interchangeable) that you can download to your computer but still have access to from your smartphone to record on the go transactions in real time with a flick of the thumb and tick of the index finger. There are thousands of budget worksheets that you can download and print out to work with manually but, to me that is old school and probably not the most effecient use of time and resources. To save yourself time, energy, paper and ink, think digitally and look for a free budget spreadsheet that you can use with your cloud server.
Take Control Of Your Finances With Budget Worksheets
With all this talk about them, where can you find budgeting worksheets? You could contact someone to have one made just for your needs. If that is asking too much, you could explore BudgetHub a bit and check out some of the downloadable content that we link to or have to offer. Another common way is to ask one of your friends. You may not know it, but a very close friend or family member could just so be a budgeting enthusiast or a whiz on a variety of office or business computer programs. The last and most likely most common way is to simply search “free budget worksheets” online. Check the images, you should be able to find a fantastic printable worksheet or budget spreadsheet that you can work with either in paper form or one that works with your current computer set up.
If you get into the habit of using your budgeting worksheet frequently, it can help you to simplify your life. To start with, a budgeting worksheet or spreadsheet, will assist you in determining your goals in the first place. By having a place to record your financial information; you’ll be able to sit back and think about a financial goal that you might have. Once you have one set up and configured, it will help you stay on track. So many of us have a problem with being lazy or procrastination and a sheet could just be a remedy to that problem. You will also hold the ability to easily visualize your financial information. Many people fall into the life of just swiping a piece of plastic and getting in debt. With this, you could fix your problem. I myself have my debit and credit card send me notifications every time it is used, also whenever an online payment runs through my account (example is telephone/internet or the gas bill) I will also be notified. I like to sit down at the end of my day and spend about 10 minutes to make sure that all transaction notifications, both incoming and outgoing, are noted in my family budget worksheets.
As with anything, there are best practices that you should follow when you start using your budgeting sheet. Our number one, easy to do, recommendation is for you to make the transfer and start using cash for your personal allowance and grocery shopping. It feels a lot different handing over $20 than it does to scan a card and have a $20 (plus fees) debt appear in an account. I use cash for everything but my mortgage, utilities and any online shopping I may be doing. I typically do all of the running around, shopping for groceries and any housewares that are needed. Should any stray bills come in I take those and pay them in cash locally making sure to get a receipt which I then staple onto the bill where I note, the date received, date paid and my initials. That then goes into a file for tax time when I get home.
Another tip that we have is for you to start taking photos of your receipts that are non essential. This means if you were out and purchased a candy bar or something small where you don’t need to keep the receipt after the photo is taken. Almost every single phone has a camera on it, taking a picture will help you remember to update your budget sheet. Once the photo receipt has been documented you can delete the photo. One other thing that you can start doing is schedule reminders. On an Android phone, you are able to schedule a reminder by a voice command. It couldn’t be easier. Our last piece of advice is two words: “peer pressure”. Tell your friends and family about your financial goals. Having others know about what you’re trying to achieve can be a positive thing as, they can help you make sure you keep on track and cheer you on when you are nearing your goals.
