Then stare at your expenses and decide if you’re happy with them or not. Next, write down all the expenses that you incur each month (names and amounts-your home, car, food, debt, personal, kids, pets, etc).ĭo you have a surplus of money left? Add categories for saving and giving. Write down your weekly after-tax income, then multiply by four to get your monthly income. Get out a blank piece of paper (or open a blank excel sheet). To create a weekly budget template, follow the steps below: If they don’t, they’ll be broke for life. To truly get ahead, they will have to tighten their budget, get their cars paid off, and put money away for their future. When their actuals landed, they had absolutely nothing to give or invest. Also, their kids and food are more expensive than what’s recommended. Let’s have a look at their main budget tab with their ideal budget, their actual budget, and their monthly spending-īy looking at the table or the budget charts, you can see their house payment is in line, but their car costs are absurd. They own a house and have two car payments. They have two kids-one in school and one in daycare. Between the two of them, they earn $2,000 a week. There are more chances for unexpected expenses, but the weekly paycheck budget template still works the same. Okay, the single male budget was interesting-but what if you’ve got a family, including kids and pets? That gets way more complex, right? Perhaps. With gas and a little extra entertainment, he nearly took himself into the negative! Good thing he knew where he stood with the weekly expense sheet, calendar view.) His budget said he’d only have $75 on Wednesday. (Note the first few days-before Ethan got his paycheck. The second image is what actually happened. Want to see how this spend looks in the calendar view? The first image was Ethan’s plan for January 2023. Weekly Budget Template: Budget Calendar Tab Again, not bad, but something he can improve on in the next month. With the additional expenses, he only had $320 for saving and giving at the end of the month. His paychecks came in as expected, and most of his bills hit when they were supposed to, but he just had a few overspends: in gas, restaurants, and entertainment. That’s not too bad! How did his actual spending pan out?Įthan didn’t have anything major issues pop up during the month. So, according to his initial budget, he’ll have $550 left at the end of the month for saving and giving. Thankfully, his housing costs are low, and he doesn’t have child or pet costs. His car costs nearly $500 more than it should each month, which makes saving and giving difficult.Īnd he doesn’t think he can spend just $330 on food each month, so his food budget is over $200 more than the ideal budget. The ideal budget shows that Ethan should save $480 a month and give $300 away to causes of his choice. What does his ideal budget, actual budget, and actual spending look like? Weekly Budget Planner: Main Tab He rents a room, has no kids or pets, and has a $300/month payment on his car. Top Free Monthly and Weekly Budget Planners And this is exactly what this weekly budgeting template could do for you, too.įree Budget Calculator (Excel For Single or Family Household Spending)įree Monthly Budget Template (Simple Budget Tracker Spreadsheet) It was, of course, the weekly budgeting method. You might have figured it out from the title (or have searched about a “weekly budget template” to get here). So what changed? How on earth did Greg pull off this rapid transformation? I was prepared to talk him down off the metaphorical ledge again, but I was immediately caught off guard by Greg’s ear-to-ear smile. Greg had scheduled another budgeting meeting with me. He was frustrated-almost angry-about his finances.Įach month, he thought he was finally getting ahead, but his hopes were typically crushed by a late surge of bills.
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