Budget planner and weekly calendar 2017 how to#

That means every month we get a total of six paychecks. When he left, so did his bi-weekly pay schedule. I have budgeted by paycheck since 2011, and honestly, I wouldn't do it any other way.įive months ago, my husband decided to leave his job of over seven years to pursue more opportunities at another company. If you have read The Budget Mom for a while, then you know that I budget our money by paycheck. In this article, I am going to show you the exact steps that I use to budget our money, and how you can get the same system that I use. This week, I wanted to share something very special with you.

It helps you to have control over your financial future. The expenses can be assessed on a daily basis and a decision could be taken immediately to avoid any unnecessary expenses that would hinder the process of saving or would hinder your budget in the long run. Weekly Budget Plan helps you achieve your savings targets. What is the importance of a Weekly budget? The value would be achieved if the budgeted goals have been attained for the expenses that are incurred during the week. The Projected End Balance is the amount of money you can save in a week from your income. What does the 'Projected End Balance' value mean? The Net Balance is calculated by subtracting the Total Expense from the Total Income and adding the Starting Balance to it.

The Net Projected End Balance for all the weeks of the current week is also calculated automatically in this spreadsheet. The Bi-Weekly spreadsheet gives a summary of the Budgeted Amount and the Actual Amount on a bi-weekly basis. Furthermore, the Weekly Budget Template has various heads and associated tables for every subcategory. The spreadsheet maintains the record of each penny spent during any week. The Projected End Balance of difference for the current week is carried forward as the Starting Balance of the following week. The template also provides the details of Month to Date income and expense values. It also helps you make better decisions on your weekly and bi-weekly savings and expenditures. The weekly and bi-weekly analyses help you get a better idea of the overall budget targets and the amount that you are able to save. The net value of each sub-table is calculated separately. You can also get a detailed projected and end balances, and the difference between the two. The sheet provides a weekly budget summary table that offers details of the Starting Balance, Total Income and Total Expense, and the net income and expense specifics. The various categories of the income are: The spreadsheet Weekly Budget records the details of all the income sources and the amount received through each source for a current week.

This sheet should be regularly updated to keep track of the actual expense incurred under each head. Also allocate a budget for every type of expense at the start.

Budget planner and weekly calendar 2017 how to#

How to Use Weekly Budget Spreadsheetīegin by downloading the template and recording your income details. It is strongly advised to consult the qualified professionals regarding financial decisions. Disclaimer - The spreadsheet and information on this page is intended for educational an illustrative purposes only.