The Simplified Budget Tool is an excel based solution to help users manage their budgets on a weekly, bi-weekly or monthly basis. It consists of the Income, Expenditures and Savings, helping users to control their cash inflow and outflow in a simple and easily printable way.
Income – Money available for day-to-day budget estimates. This segment is to be manually inputted by the user.
Expenditure – Summation of all costs listed in the table below. These numbers are automatically summed.
Savings – Income minus expenditure for the period being analyzed in the Simplified Budget Tool.
Graph – Shows an expenditure chart based on the division of expenses per type. This can help users better understand how their money is being spent, helping to support changes in habits that can enhance their financial position in the long-run. Please note that to ensure the graph is updated, go to Data->’Refresh All’.
Name – The name of expenditure incurred for that period.
Type – Category of expenditure incurred ranging from, but not limited to Home, Transportation, Food, Health Care, Education, Gifts, Entertainment, Insurance, Debt, Miscellaneous.
To print, click CTRL+P or go to File -> Print