An Excel template is excellent for anyone trying to create a Real Person Budget for themselves. There are many ways to use an Excel template but one of the best uses is to make a budget for yourself using the template.
To do this you should make titles such as “bills, balance, payment” etc. Under the balance tab you should label what you paid each month and the spreadsheet will simply subtract for you helping you to better keep up with the balance on all accounts.
Using Excel is an excellent way to help you get out of debt much faster.