003 Outstanding Personal Expense Spreadsheet Template Picture
A budgeting spreadsheet is basically an Excel template that enables you to plan your personal expenses in a clearer way. It helps you plan your personal finance effectively and conveniently. It's a practical budget spreadsheet that enables you to project your personal expenditure with the aid of its categories and project your personal income for the current month with the aid of its monthly columns. It gives you an idea as to how much money you will have to set aside, what are your expenditure categories, how much money you have to earn, and how much you should spend on your total expenditure.
Budgeting and personal finance management are very important and necessary skills and hence it should be learnt and applied effectively. To begin with, the personal expense spreadsheet can be of various types. The first type of budgeting spreadsheet is the annual personal budgeting spreadsheet which is usually used for personal finance management. It projects your personal income and expenditure for a year starting from the current date and categorizes them into different types.
The other type of budgeting spreadsheet is the monthly budgeting spreadsheet which project personnel expenditure and income for a month. This worksheet enables you to keep track of your personal transactions for a month. The spreadsheet also shows your personal assets and liabilities for a month and projects it into different types like for instance your cash balance, surplus cash, current assets, current liabilities etc. This can be useful for those who are planning to buy or sell some assets or want to categorize their financial transactions in a more meaningful way.
The other type of budgeting spreadsheet is the portfolio spreadsheet which gives an idea of your financial position and projects it into different categories and it can be used to plan your financial future and choose your financial tools and investments. The portfolio budgeting worksheet is very easy to use and can be customized and even emailed to your colleagues as a ready made Excel personal budget worksheet. You can also get your budget worksheet on the web. This can be easily used by everyone, whether you are at home or in the office.
The other types of budgeting worksheets are the portfolio worksheet which projects the portfolio for a given year and personal debt portfolio which give an idea of your personal debt situation. These excel personal monthly budget spreadsheets are very helpful and can give you a fair idea about your personal finance. These can be easily downloaded from the internet and used to calculate your personal income and expenditure. One can also make their own personal budget worksheets for an entire year. There are various other uses of budgeting spreadsheet such as for forecasting purposes and business planning.
There are many software programs available on the internet for personal budgeting and forecasting. These help to project one's personal expenses and show the impact of such on personal income and expenditure. They also help you to reduce the risk involved in the business and ensure you stick to your budget. It can also help you save money by giving you the entire financial picture before starting your personal budgeting exercise.
These excel personal budgeting worksheets can be used in conjunction with financial planning software like Quicken and Microsoft Money to give you a complete picture of where your money is going. There are also many budgeting worksheets which can be downloaded from the internet. Some of them come with a free trial, while some require a small fee. Free trial provides a very simplified idea of how personal budgeting works and can prove very helpful while making decisions.
One can choose from any number of budgeting worksheets available on the internet. They can be used to make a budget, keep track of personal spending, learn about debt management, plan for retirement, calculate loan payments, and so on. All these things are possible using a spreadsheet template. One can also save time and effort by combining these budgeting worksheets with personal finance software like Quicken and Microsoft Money.
002 Breathtaking Personal Expense Spreadsheet Template High Def
009 Impressive Personal Expense Spreadsheet Template Photo
001 Fascinating Personal Expense Spreadsheet Template Example