This section will help you set financial goals and track your progress towards them. Savings are a critical part of any budget. Step 5: Create a Savings SectionĪdd a section for savings with columns for ‘Savings Goals’, ‘Projected Savings’, and ‘Actual Savings’. ‘Projected Expenses’ is an estimate of what you think you’ll spend, and ‘Actual Expenses’ is what you end up spending. Similar to the income section, you’ll list all your expected expenses under ‘Expense Category’. Label additional columns for ‘Expense Category’, ‘Projected Expenses’, and ‘Actual Expenses’. The ‘Projected’ column is what you expect to earn, and ‘Actual’ is what you actually receive. You can list your salary, side hustles, or any other income sources. This section is crucial because it tracks all the money coming in. Step 3: Set Up Your Income SectionĬreate a section for income by labeling columns for ‘Income Source’, ‘Projected Income’, and ‘Actual Income’. It can be as simple as ‘Monthly Budget’ or something more specific like ‘2021 Financial Goals’. Naming your spreadsheet is important for organization, especially if you’ll be creating multiple budgets. Step 2: Name Your SpreadsheetĬlick on ‘Untitled spreadsheet’ at the top of the page and give your budget a name. Click on it, and a new, untitled spreadsheet will open. When you open Google Sheets, you’ll see a green “+” sign that says ‘Blank’. Open Google Sheets and click on the ‘+’ button to create a new spreadsheet. Step 1: Open Google Sheets and Create a New Spreadsheet It’s a visual representation of your money, and by the end of these steps, you’ll have a clear picture of your financial health. A budget spreadsheet will help you organize your finances by tracking your income, expenses, and savings. 5 Conclusion Step by Step Tutorial: Creating a Budget Spreadsheet in Google Sheetsīefore we start entering numbers and formulas, let’s understand what we’re aiming for.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |