How do you create a budget plan?
This Free Budget Planner in Excel puts you in control of your household spending again and analyses your results to help you take control of your money.
Follow these steps to put a solid budget plan into action:
- Calculate expenses. First, you need to determine exactly how much you're spending each month.
- Determine your income.
- Set savings and debt payoff goals.
- Record spending and track progress.
- Be realistic. Better to prepare for the most worse situation
- Include the following:
- Budget planner
- Total income
After altering the budget planner's basic structure, you can use it directly.