Learn more about automating your finances in my existing post. You could also move your guilt-free money to a prepaid card you use just for fun spending. Making these transfers automatic will have you thanking past you for not forcing you to make these difficult decisions each month. That way, you don’t even have to think about it.įor example, you could automatically transfer money for your fixed costs to go into a joint account with your spouse. A simple way to do this is to set up regular transfers from your checking account to your savings accounts. The Simple Spending Plan Budget Template for Google Sheets is the perfect mix of done-for-you and DIY so you can get your finances organized and in order. The next step is to split your money up into each category when your paycheck comes in. The most important thing is that it works for you. This comprehensive template assists you in planning your retirement income and expenses on a weekly, bi-weekly, monthly, quarterly, and annual basis. Don’t feel guilty about it, it’s all part of the process. The Early Retirement Spreadsheet from Smartsheet for Excel is a must-have for anyone planning for early retirement. It’s not the end of the world if you have to tweak the percentages a little bit. 401k, savings goals), and 30% for wants (the stuff you feel guilty about spending money on). Remember, budgeting is an organic process. And remember: every dollar counts Manage your budget with our collection of free budget templates available in A4, A5, Letter and Half Letter size to download for use at home and in the office. As we mentioned earlier, a good rule of thumb is 50% for needs (e.g. Because one of the best ways to save money, meet your savings goals and accumulate personal capital is to manage them well. Now that you have a good idea of everywhere your money should be going, it’s time to bring automation into the mix.įirst off, decide what percentage of your take-home income you want to put into each category.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |