I personally have my budget tracker set up to track my spending and expenses for one month at a time. Here are the main lengths of time to track are: For example, you could track per week or for the entire year… If you want just the examples, go to #4 in the table of contents! How To Setup A Budget Trackerīefore getting into the specifics of what to track and different layouts, you should first figure out what time period you want to track. Setting up a bullet journal budget tracker is definitely a must-have page if you want to get your finances under control (without using an app or something complex) We will be more than happy to assist you.I know that when I track what I’m spending money on, how much I’m saving and what bills are coming up next, it frees up so much room in my head to concentrate on other things in my life! Plus, I’m not constantly worrying about money If you have any queries please share in the comment section below. We thank our readers for liking, sharing and following us on different social media platforms. This savings goal tracker will help you easily plan your savings, make you debt-free and give you financial freedom. It display the amount each of your saving goals has reached in graphical form. We have created a column graph that will display the progress of your savings goal. Soon after the disbursement, record them in this section. It is recommended that this step should be taken before spending.ĭisburse the amount to respective accounts so that you can have a check anytime you want. Important Note: Make sure you spend in limit so that you have enough money to save for your goals. Saving Goal TrackerĪfter planning, earning and spending, its time to save. Usually, this does not happen, but just given for an example. It means that month you have spent more than your income. As you can see in the image, the first month shows the amount in red. It displays the difference between income and expenses. Lastly, a row displaying the difference amount is given. It includes grocery, fuel, utility bills, telephone, EMI’s, credit card payments, etc. You have to record each expense made by you during the month. This helps you to keep an eye on your expenses and further helps you to curb the unnecessary expenses. The expense register records your monthly expenses of each month. In the end, the monthly totals and line total are given for your ready reference. Insert or change the heads according to your needs. Insert every amount month-wise from Jan to Dec. In this section, insert the income from all sources such as salary, external projects, interest income, rent, etc. You need to only enter the monthly amount and it will automatically multiply it with 12 for getting the yearly amount. There are two columns for each head one is monthly and another is yearly. It is better to save first and then spend what is left behind rather than saving what is left behind after spending. Insert the desired amount against the respected column. You can plan a monthly amount for each purpose and a yearly average of savings that you want to make. The saving planner consists of the purpose of savings such as long term, holidays, mortgage, purchase of a car, motorbike, etc. Contents of Saving Goal Tracker Excel Template Let us discuss the contents of the template in detail. You can download other financial analysis templates like Credit Card Payoff Calculator, Savings Goal Tracker, Income Tax Calculator FY 2018-19 and Loan Amortization Template. Click here to Download All Personal Finance Excel Templates for ₹299. We have created a simple and easy Saving Goal Tracker Template to manage your income-expenses, plan your savings goals and track the progress of your saving goals.Ĭlick here to download Savings Goal Tracker Excel Template. Buy what you need and not what you desire.Limit or avoid using Credit Card unnecessarily.Make efforts to increase your earnings.Tips to Save More Out of Your Hard Earned Money Develop new skills or fund your higher education.Prepare for Retirement or early retirement.Acquire assets or pay for the mortgage.First and Foremost, to become financially independent.It also helps you to keep a track of the amounts deposited for each purpose every month.įurthermore, it also displays the difference between your income and expense and the deficit amount to fulfill your savings goals. Additionally, it helps you to plan a monthly amount to spare for multiple purposes.
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