Many of us wonder where our money went at the end of each month. Drawing up a monthly budget can help us take control of our expenses. Keeping to a budget can go a long way in growing our savings. This budget spreadsheet can help us keep track of our expenses.
Comparing the Planned and Actual columns will give you an idea how far your actual expenditure has deviated from your planned one. It will allow you to see where you have to re-evaluate and where you can reallocate your resources.
This budget spreadsheet is also used together with the Institute’s talk and workshop on “Making Sense Of Your Money”