onlyklion.blogg.se - Google drive excel budget template

#Google drive excel budget template update#
#Google drive excel budget template download#
#Google drive excel budget template free#

A tip for current users of Mint who want to switch to this spreadsheet.Please note that the data that you enter needs to be in the correct format: dates must be written in the format mm-dd-yyyy for example Februwould be entered as 02-20-2017.Please ‘paste as values’ into the tool when possible, as regular pasting can sometimes bring in odd formatting into the tool which will mess up the dashboard tab.Downloading these transactions in “spreadsheet” or “CSV” format and then copying/pasting into this spreadsheet will make your life much easier!

#Google drive excel budget template download#

Note that most banks will let you export / download your transaction data.On the ‘Income’ tab, please enter all of your income transaction data (same process as the ‘Expenses’ tab)Ī few tips for inputting your data into these tabs: Enter each expense transaction as a separate row. On the ‘Expenses’ tab, enter all of your expense transaction data. I’ve already included default category names which will hopefully work for most people, so there is no need to make changes here unless you’d like to. On the ‘Category Setup’ tab, you can modify the labels used to categorize your expense / income transactions.

#Google drive excel budget template update#

The tabs of the spreadsheet are colour-coded - the blue tabs are where you need to enter manual inputs, whereas the Green tabs are outputs that will update automatically based on your data.

Since most banks only let you access your transaction data from the past 12 months (or less), this means that you’ll never lose your financial data This tool lets you save your expense and income transaction data in one central place.This breeds good habits and sets you up for long term success Tracking your expenses and income on your own forces you to consider your financial picture on a regular basis.The tool doesn’t require you to share any personal information (name, email, bank account passwords, etc.) - the same can’t be said of tools like Mint

#Google drive excel budget template free#

It’s completely free and will always remain so.If the dashboard visuals didn’t convince you to jump in and start budgeting, here’s why I think this spreadsheet is the best tool for the job:

Why Should I Use This Tool For My Budgeting? In other words, you’ll have a neat and tidy snapshot of your financial picture generated for you each time you update your spreadsheet.

Comparisons of your spending and income against your personal budget targets.

Breakdowns into individual categories - i.e., how much of your total spending came from rent, eating out, groceries, car payment, etc.

A month-by-month trending view of your finances.

Your total income, expenses, and savings over any time period.

It might just be me (it can’t just be me, can it?), but I love scanning through these visuals every time I open up the file. Think of this as the new mission-control room for your financial life. Say hello to your new financial dashboard!Īfter inputting your expenses and income, you’ll be presented with your own version of this. This helps me to feel in control of my spending, and be more confident in my long-term plans. It’s amazing to be able to quickly see how my income & expenses have trended over a long time period. In my personal spreadsheet, I’ve got more than 5 years of data tracked down to the penny. You can download the spreadsheet by clicking the links at the top of this post, or by clicking here for the Excel version or the Google Sheets version (both have the same features, but the google version sometimes runs a bit slower). I’d like to offer you a simple spreadsheet that you can use to track your budget, and visualize where your money is going each month. If you only have a vague sense of how much you spend in an average month, chances are that you’re underestimating the actual figure. Most of us have a laundry list of small or infrequent expenses that add up into a meaningful total - the lunches out, drinks with friends, new clothing, impromptu weekend trips, and the like…

While it’s easy to list off monthly rent, internet, or Netflix bills, it’s harder to keep tabs on the “one-off” items.

Many of us keep track of our budgets in our heads, often using a mix of precision, guesstimates, and “voodoo math”. Keeping track of your budget is the single most important step towards taking control of your financial well-being.īefore you can draw up a plan for a home down payment, debt pay-down, or retirement, you’ll need to understand how much money comes in, and how much money goes out.

Why Should I Use This Tool For My Budgeting?.