One of the essential things to learn in today’s world is managing money. If you run a business, you need to learn how to manage other’s money as well. A simple weekly budget can help you with that. A simple piece of document like that can work wonders when it comes to making sure that you are spending right.
5 Steps to Create a Weekly Budget in Google Sheets
Step 1: Create a New Document
Visit sheets.google.com and create a new document. You might use any other spreadsheet software that you feel comfortable with. You can follow the steps irrespective of the software that you are using. Write ‘Budget Planner’ as the title of the document. Combine the cells and increase the font size to make it look better.
Step 2: Income Section
Since we are using a spreadsheet, we won’t be having to create tables separately. Write the headings as ‘income source,’ ‘estimated,’ ‘actual’ and ‘difference’ for the four columns that we are going to be using. We are going to make an assumption of how much we will be making and write that alongside the actual amount. This is because we might be having some sources of passive income which might not always earn you the same amount.
Step 3: Expenditure Section
In the expenditure section, we are going to use similar columns as well. The first one would be the ‘expenditure sources’ column and the second one would be the amount you had allocated for that particular usage. The third one would be containing the actual amount that was getting used. The last table should contain the difference between the previous two.
Step 4: Balance
In this section, the balance needs to be calculated. This is the difference between the amount of money that you have earned and that you have spent. If you use the functional programming feature in Google Sheets, you can check the change in realtime. You don’t have to calculate everything yourself. This way you can adjust your expenses when you have over-spent on something.
Step 5: Graph
Plain numbers take longer to make sense of. That is why it is advisable that you make use of graphs. When the data gets visually represented it makes easier to figure out where you need to cut corners. Use the type of chart that is better suited for the data that is being recorded here. Our suggestion would be to use a bar graph.
8+ Weekly Budget Templates
1. Weekly Budget Template
If you are finding it difficult to pass the last few days of the month due to a shortage of money, then you are probably not spending it efficiently. You need to create a budget and we can help you with that. Download this budget template in Word to get started with planning on where to spend how much money. Just open and start editing.
2. Bi-Weekly Budget Template
If you are in need of a bi-weekly budget that helps you with maintaining a balance between your income and expenditure, you don’t need to look any further than this site. Just download this budget template in Excel and get started. Using this will not only help you spend your money more efficiently but would also make sure that you are able to save some for the things that you want to buy.
3. Simple Weekly Budget Template
If you have seen your friends using budget planners and have reported that they were working very well for them, you might be looking forwards to trying one out yourself. We encourage you to do so. This is because it will bring a positive change in your life. With our weekly budget at your disposal, you won’t have to look far for it either. Most of the work has already been done and you just need to put the right data in the right space.
4. Weekly Cash Budget Template
In a company you need to work with a budget in mind, This ensures that when a bigger investment opportunity does come up you have enough cash at your disposal to act on it. So if you want to implement one in your business as well, then download and start using this budget template in Google Sheets that have been specifically created for businesses like yours. If you prefer to create a budget in Pages, we have templates that can make it possible.
5. Weekly Student Budget Template
As a student, you might find it difficult to make ends meet with all the tuition fees and Saturday night parties that you have to take care of. What you can do to make things better is to make use of a budget. Start using one now to see some positive change in your financial standing. If you don’t know how to prepare one, you can just download this student budget that we have specifically prepared for you.
6. Bi-Weekly Personal Budget Template
Creating a bi-weekly personal budget might look like a lot of work, but the benefits that you can reap, once you have prepared it is worth it. If you are still not convinced enough to create one yourself, trying using the one we have already created for you. Download and edit this budget in Word. There many more of them on our site if you are looking for a little bit of variation.
7. Printable Bi-Weekly Budget Template
If your best friend just told you to make use of a bi-weekly budget because it helped him better manage his money, you should probably follow that advice. If you have never created one in your life previously, it might all seem too complicated and you might even make some small mistakes that decrease your efficiency. So, our suggestion is that you download this budget template now and get started.
8. Weekly Budget Format
Managing a household is very difficult, especially when you have a family to look after. It is better to stay organized, for that helps mitigate some of the trouble. That is why we suggest that you make use of this free budget template. You don’t have to create one from scratch. Also, if you plan to use one in your business as well, you might want to check out our project budget as well.
9. Bi-weekly Budget Template
Whether you are in need of a bi-weekly budget or an operating budget, you can rest assured that we won’t disappoint you. So, if it is the former that you are looking for, download this template that has been created keeping in mind the specific needs. If you are in need of some other budget template or any other business document, there is a high chance that you will be able to find that on our site.