Last year I started budgeting for the first time. It was confusing to figure out at first, and also scary to see all those categories and spending limits. But after a few months, it became second nature to write out the budget and go through the statements at the end of the month to make sure these budgets were held in place.
When I first started with our budgets last year I found a printable budget that had some static categories (rent, groceries, travel, etc) but this year I wanted to find a resource that was easier to change and add/edit information in an ongoing way. As it happens most time during the beginning of the year, many of the finance vloggers I enjoy listening to started to share budgeting tips and resources and one in particular caught my attention because they were sharing about using an excel spreadsheet to budget for an ENTIRE YEAR.
At first I was thinking probably the same thing you are… how am I suppose to budget for an entire year?! But actually, it’s quite helpful to look ahead and project just how much you want to save or think that you’ll spend in each category.
In case you want to learn more about how to budget for an entire year, here is the YouTube video from One Big Happy Life to check out: https://www.youtube.com/watch?v=05HZXofxgZQ
Or if you want to jump straight to their resource you can download their resource here: https://onebighappylife.com/budget
Also notice the tabs at the bottom of the excel sheet… you can also go through and budget each month separately in more detail. It’s also pre-programmed with excel formulas but feel free to change these to your liking.
I hope you find this resource as helpful as I have so far!