Detailed Budget Planner
This spreadsheet will help you plan your spending and see the effects of that spending on your income, both immediately (as when you spend the money) and long-term (as you set aside the money to maintain and replace your purchases—for example, money set aside to replace the tires and battery for your car, the roof and carpeting for your house). By seeing exactly where your money must go, you have a better sense of the amount of money you actually have for discretionary use, you get a better sense of your current financial limits—your means.
With this spreadsheet, you don’t have to record exactly where they money goes. You’re perfectly free to spend it as you want, up to the limit that you have set. So long as you stay within that limit, you can be sure that you will have the money you need for the future, to pay expenses and to buy those big-ticket items you have planned for.
There is a very detail explanation about this budget concept inside the spreadsheet along with guidance on using this spreadsheet.
Author : Michael Ham
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