![]() ![]() Q: HELP! What if I use a different currency other than USD? A: The spreadsheet is currently available in dollar, pound, and euro. PLUS, I’ve built this spreadsheet to support my 3BB method (you’ll see what I mean once you purchase)! If you want to be a little more hands-on with your finances and think spreadsheets may be your jam- by all means, go ahead and purchase! You won’t hurt my feelings, promise. Why Personal Budgeting Is Important Components of a Personal Budget Personal Budget Template (Excel, Google Sheet, OpenOffice) Contents of Personal Budget. Q: Wait… I’ve read that you use a different budgeting method, so shouldn’t I try that instead? A: Although I teach my 3 bucket budget method in my Back to Basics course, I also know that personal finance is just that- PERSONAL. ![]() Q: Do I really have to budget every single purchase I make? A: Not necessarily! This budget is built in a way where you can apply your own method to it- meaning you can be as detailed or as broad as you would like with your categories. If you have any lingering spreadsheet questions, shoot an email to Is this compatible with Microsoft Excel? A: It is 100% compatible! Just make sure you download the excel file and not the Google Sheets one. YAY ENGLISH ACCENTSSSSSS!! There are also instructional comments placed throughout the document, so you’ll be a pro at using it in no time. FAQs Q: But what if I’m not spreadsheet savvy!? A: You’ll receive a video tutorial narrated by Tori herself plus a special guest, our very own and VERY British SEO specialist, Jack, who will walk you through the entire product. We recommend that you do not to change or delete the pre-defined formulas of the template, if you do, the entire template may be altered, as the various fields have interconnecting formulas and the results after such changes would lack accuracy. To bridge this chasm, we must plan our retirement well in advance. Post-retirement the resources become significantly more fixed, therefore limited and the expenses assume what it seems an open-ended nature. You can set an expected inflation rate and the table would automatically calculate the annual budget and the cumulative amounts at the given inflation rate for each year after the retirement. It records for the years after retirement, annual budgeted expense and the cumulative value necessary after the retirement age. The Budget for Inflation worksheet is used to calculate the amount considering the rate of inflation that would add each year. Note: on the Home tab, in the Font group, you can use the different commands to change the font size and font style of text. First, enter the different type of income and expenses in column A. Summary: displays the summarized results for annual retirement income required, estimated incomes and the shortfall. Create a Budget in Excel (In Easy Steps) Budget This example shows you how to create a budget in Excel.We must set aside an augmented budget for prescription drugs and medical insurance. Medical Expenses: as we grow old, our heath declines.Daily Living Expenses: this section lists many day-to-day type expenses, such as groceries, entertainment, utilities and telephone.Personal Expenses: this section records information for managing your expenses, such as grooming, clothing, holidays, auto-expense, auto insurance and others.Housing Cost: describes the housing related expenses, such as rent, maintenance, repairs, insurance and real estate taxes.Retirement Income Sources this section lists the possible sources from which the income would be earned at the time of the retirement, such as Social Security Income, Company Pension, Investments, Rental Income, Annuity Income and other retirement plans.The following sections are there to record information in an organized manner: Net amount for each section is also maintained separately. The sheet has sub-sections to record the expenses on a weekly, bi-weekly, monthly, quarterly and annual basis. Enter your Today's Age, Age of Retirement and the sheet automatically calculates the years available to plan for the retirement. The first section helps to calculate the Number of Years available for us to plan the retirement. The Retirement Budget sheet is broken into various sub-sections to record different types of spending and earnings. You should seek the advice of qualified professionals regarding your Retirement Savings. Disclaimer - This template is for educational purposes only. ![]()
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