personal income budget google sheet dashboard template

Personal Income Budget Google Sheet Dashboard Template

Are you tired of manually tracking your income and expenses, only to find that you're not saving as much as you could be? Look no further than this comprehensive personal income budget template in Google Sheets. With its intuitive layout and customizable categories, you'll be able to take control of your finances like never before.

To get started, open a new blank spreadsheet and rename it as needed. Then, click the 'Make a copy' button at the bottom right corner to save a copy of this sheet to your GDrive or local computer. This will allow you to work on your budget online and access it from any device.

The first step in creating your personal income budget is to set up the income categories that apply to your situation. In cell C12, type 'INCOME I Earn' as the column header. Then, below the header, enter your income categories. These can include anything from a regular salary to freelance work or investments.

Once you've set up your income categories, it's time to add in your expenses. This will help you identify areas where you can cut back and make adjustments to reach your savings goals. In the expense category section, you'll be able to track your spending habits and see how much you're saving each month.

One of the most useful features of this template is the utilization column, which provides a small pictorial infographic using a custom formula to show how your income and expenses move across each category. This visual representation will help you quickly identify areas where you need to make changes to achieve your financial goals.

To customize the list according to your personal lifestyle, simply add or remove rows in the expense category section. You can also use the diff column to review the difference between your budget and expenses, making it easy to see where you're overspending or undersaving.

Finally, at the top of the sheet, create your own analysis of your income and expenses. How much are you saving each month? Where should you be putting your savings based on certain categories? A visual representation of your savings can help you stay motivated to reach your financial goals.

With this template, you'll have a clear picture of your financial situation and be able to make informed decisions about how to allocate your resources. Whether you're looking to pay off debt, build an emergency fund, or simply save for the future, this personal income budget template in Google Sheets is the perfect tool to help you achieve your goals.

Download a copy of this worksheet from 'We do not recommend downloading anything other than from the official website.' and start taking control of your finances today!

Personal income budget google sheet dashboard template