Net worth – do you know your financial position? Knowing your net worth helps you see whether your assets are more than your liabilities.A debt tracker helps you see where you are, allowing you to develop a repayment plan to get out of debt faster. Debt tracker – without proper debt management, you will remain in an unstable financial situation forever.The savings trackers in this book give you just that. It is even better to track savings for each goal you have. Savings and investments tracker – saving and investing are essential in protecting your finances and growing wealth.Even if you use the Pay Yourself First budgeting style, it is good to have a rough idea of how much each expense category takes. Expense tracker – the expense tracker in this planner allows you to track how much goes into each expense and specific categories on a monthly and yearly basis.Money affirmations – we can all use a pat on the back, right? Writing down your money affirmations is a very powerful method of staying motivated and working toward your financial success regardless of what comes your way.Financial goals section – helps with planning your money because every decision and transaction you make has a purpose.Start at any time – the planner is undated, allowing you to start at any time, regardless of the day or the year.What does this budgeting planner book get you? Below are some of its important features So I learned Indesign and designed a budgeting planner that suited my needs.
But as I have mentioned, I want a manageable planning system that doesn’t allow my brain to spiral out of control anytime I open a budgeting spreadsheet. With all the interlinked formulas, I have less work.
So, I have decided to use a budgeting planner book in tandem with my spreadsheet to make my thinking and planning process more effortless in the coming year.Īre you ready to set financial goals for the coming year? Here is a guideĭon’t get me wrong. I also want a financial planning system where I don’t always have to stare at a screen. My household expenses have been manageable, although I feel I can do better, especially with expenses for the little rascals, aka my pets. I have bigger projects in mind, so I need my brain to focus more and not wander around. I would like a more streamlined process for the coming year. And since I save and invest first so I can use whatever is left guilt-free, I end up piling up shopping receipts for reviewing later.ĭavid Rose from Schitt’s Creek describes me I just need to set aside at least 2 hours during this period, distribute my money in various savings and investment accounts, capture that data in the budgeting spreadsheet, and it’s bye-bye until the following month. So much so that I do most of my personal finance accounting on the last or first week of the month. So, when my brain is spiralling out of control, and my computer is running 5 to 6 chrome windows, each with 10+ open tabs, my anxiety starts to kick in because the dream I am chasing suddenly seems unattainable. However, my financial planning document has additional sheets where I enter all my rumblings and numerous research and store links of things I want to purchase. I might not be good at tracking every cent, but I am always happy knowing the budgeting system I chose to use, Pay Yourself First, is working perfectly. It has made it easier for me to track my earnings, savings, investments and overall financial position. I do have a budgeting and financial planning system in Google Sheets. But the planning bit, that’s where I tend to spend my sweet time and drive myself crazy. I know things can go wrong even with the best-laid plans.
It’s the planning process that agonises me the most. My brain spirals out of control as I try to make everything look and go perfectly - theoretically. From starting a project or a business to making major purchases. I have been accused severally of overthinking, especially when it comes to significant financial plans.
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