![]() ![]() Many people put off creating a household budget because they think that they don’t really know how to budget. To make budgeting easier for you and your spouse, family or household, we’ve created an intelligent, interactive Canadian budget calculator spreadsheet in Excel that you can download and use for free as your personal budget template (it's now available on the Mac too). You can find balances for any period in each of your accounts using this personal account template.Free Interactive Budget Calculator Spreadsheet for Canadians – Easy to Use Excel Template to Help You Create a Personal Budget Current balance in each of your accounts.Summary of your current financial status.Report sheet is locked to prevent accidental editing of formulas. How to refresh Report in the Excel Budget Template This updates the charts with your new transactions. Since there are pivot tables and charts, please refresh the data by going to Data ribbon and refresh all (or keyboard shortcut Ctrl+Alt+F5). ![]() Drop down menus are available for easy data entry in these fields (Type, Category, SubCategory, Account).Īfter you enter your transactions, the Transactions worksheet would look like this image below.Examples of Transfers are Credit Card Payment (transfer from Bank account to Credit Card account) and ATM withdrawal (transfer from Bank account to Cash). ![]() ‘Transfer’ type with positive amount for the account you are depositing the money into.‘Transfer’ type with negative amount from the account you are taking the money from.Transfer: When money is transferred from one account to another, create two records.If, a few days later, you returned the item to the store for some reason and get a refund, then you should enter the refund as a new Expense transaction with negative value. Special case (Refund): If you purchased an item at a store, you would enter an Expense transaction with positive amount.Income and Expense: By default, all the Income and Expense transactions should be entered as positive amounts.When you open the template, there will be no records in the Transactions worksheet (as shown in the image below). STEP 2: Entering transactions in the Transactions worksheet How much am I saving every month? How does that add to my net balance?.Am I spending more on any specific expense category over time?.How are my expenses trending over time?.Am I exceeding my monthly budget? If so, in which categories?.On what items am I spending my money on?. ![]()
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