Saving for summer vacations or trips to other countries is a great way to spend time with your family but sometimes it’s difficult to save up that much money. That’s where the Ultimate Family Budget comes in handy. This completely free template has everything you need to go from broke to having a healthy bank account in no time. You can finally start to feel financially secure, with only a little help. If you’re ready to pay off debts and make some changes to your financial situation, we encourage you to read the information below to learn how to download and use the Family Budget template.
How to Use the Ultimate Family Budget
You will need to click the link below to download the free template to your computer. After you have the template file, you can then click to open the document and start editing.
Go to the “Income” section of the template and enter all the incomes options that apply to you along with their amounts. The template will combine all these into one figure at the bottom of the sheet.
The “Expenses” section is a bit more in-depth and breaks down you major expenses into their own separate tables. For example, there is a table for “Children” if you are the parent of a family and if you’re a student, there is an “Education” table as well.
Simply go through each of these expense tables and enter the amounts and items that apply to you, just as you did with the income section.
After, you will be able to see the difference in your income and your expenses at the top of the page in two different graphs. The first is a simple line graph that displays both figures and the other is a bar graph that does the same. You can easily see how your spending changes over time and use that information to make adjustments to your spending habits.
Download: Ultimate Family Budget
Check this out while you wait!