Microsoft Excel isn’t all about complex formulas. Here are some of the easiest: Microsoft Excel budget templates When it comes to budget templates, it’s best to keep them simple, and there are many user-friendly tools available to save you time and stress.

Does this mean you need to master complex financial formulas? Not at all. The thought of creating a budget spreadsheet can be intimidating. But without planning for expenses, a big income can lead to big debt.ģ Budget Spreadsheet Templates to Get You Started But it doesn’t have to be! I spoke with a couple in episode 114 of my podcast who overspent on holidays because their earnings combined were a lot. The entire point of these tools is to simplify money management so you can think about your money less, not more.įor many people, budgeting and planning for big expenses like vacations are a struggle. Simplified spreadsheets help develop your plan, and budgeting apps, like those that automate expense tracking, help you stick to it. Finally, you need to stick to your plan.īudgeting spreadsheets and tools are great resources for creating a conscious spending plan.

You then need to decide how much money to allocate to each bucket. You need to start with a bullet-proof budget, categorizing all of your expenses into one of these four buckets: fixed costs, investments, savings, and guilt-free spending. Conscious spending is a great way to enjoy life while still building a financially secure future.

Free household budget excel templates