The Best Templates for Budget Sheets
Budgeting is the method to allocate money efficiently and fulfill the needs. You have income and expenses monthly. With budgeting, the money is spent in the right expense. At the end of the month, you still have enough for saving. The situation is similar to others, such as business or event. In order to accommodate budgeting, you can have budget sheets.
The sheet is a template that you can edit easily. The layout and structure may look different when compared to one and another. Furthermore, the basic function and purpose are still equal when you use the sheet for budgeting.
Budgeting and Budget Sheets
People use budgeting for different purposes. In business, the revenue and sales must cover the cost and expense. Profit is what the company wants, which means budgeting should allocate money efficiently.
- Expenses and spending
As mentioned above, the expense or expenditure is something you must pay, for example, the food, water, electricity, and house. After paying those bills, you can receive the value.
- Source of income or money
Budget sheets put the source of money or income at the top list. You can estimate how much money in a month that you may obtain. After that, calculate the expense and make the priority list.
- Insurance or reserve cash
Balancing between spending and income is not enough. You must add an extra section called reserve, saving, or emergency cash. The situation might not be what you expect. When it happens, you already have the contingency plan.
Examples of Template for Budget Sheets
The below list shows some templates you can use for budget sheets. Each has a different purpose related to what budgeting you prepare for. On the other hand, the basic structure is quite similar because they are sheets for the budget. Here are the examples of the sheets.
- Simple template
- Daily budget sheet
- Personal budget sheet
- Family budget worksheet
- Monthly budget sheet
- Business budget sheet
- Event budget sheet
- Wedding budgeting
- Student budget sheet
- Annual budget sheet
A personal budget is useful to ensure you spend money wisely. This one is another variation of a simple budget. Budgeting also uses a time frame, such as daily, weekly, monthly, and annual. For daily, you can enlist everything to be done in a day, including the amount of money. The method is similar when you expand into monthly and annual.
The company uses business budgeting to maintain financial balance. This template also has its own variation based on the business scale and area of business. Some templates are for specific purposes, such as weddings and events. Of course, you must prepare the budget and money before spending on those events.
In addition, the template for the budget sheet is free for everyone. You just choose the one that’s compatible with your needs. After that, you can download and open it in your device. The files are available in several types like doc, excel, and pdf. Some files are easy to open on your computer. You can edit and adjust it with your needs.
Budgeting prevents overspending that ruins financial condition. You may end up thinking about the loan in order to fulfill the rest of the need. On the contrary, you can restrain anything that’s not necessary after calculating properly during the budgeting session. That’s what budget sheets do.