Having control over finances is very important, after all, nobody wants to get complicated with bills at the end of the month or at the end of the year. Having this habit also helps when saving money to go on a trip or acquire a new asset, for example. keep a expense spreadsheet for financial control can be a good solution.
The issue is that many people cannot plan the use of their money and have no idea how to do it. It is at these times that expense spreadsheets can make all the difference. These tools help a lot and are very functional. Check in the text.
What this article covers:
Fixed monthly expenses: How to control expenses?
It is common for people to know how their major bills are being paid, such as rent, financing, children’s school fees, health insurance, etc. But a lot of people get lost when it comes to analyzing smaller expenses. Those that seem harmless, but that, together, at the end of the month, make all the difference.
This is why recording in writing how the money is being used is very important when it comes to having control over this flow and the expense spreadsheet will help in this regard. It is an excellent tool when it comes to controlling finances and being aware of all the payments that are made, the investments that are made and expenses in general.
What are the advantages of spreadsheet fixed expenses?
With the expense spreadsheet it is possible to see, in fact, where the money is going. These are not hypothetical projections, but numbers. This is not an imaginative exercise, but a written record of how the money is being used.
This can help a lot when planning investments, paying all bills and cutting silly spending. In other words, it is possible to survey and analyze in detail how the money is being used. Thus, it is possible to make the best decisions about it.
Are there online expense spreadsheets?
For those who are not interested in picking up a paper and a pen to draw a table and write down expenses, the ideal is to look for some online platforms that provide virtual spreadsheets. They are intuitive and nice looking, which improves the experience of using them.
These free online tools are worth knowing. Just do a quick search on any internet page search engine and several interesting spreadsheet options appear. Choose the one you like the most and the one that has tools that match your needs.
See some tips for fixed expenses worksheet and how to save?
Having good spreadsheets available is something that helps a lot in cost control, But this is not enough. It is also necessary to change habits and acquire a posture that contributes to improving the financial balance at the end of the month. Check out some tips below that can make a big difference.
Be careful when using the card
It is common for people to use credit cards on impulse and contract debts that will weigh heavily on their budget, but which, because they are paid in installments, give the impression that they are under control. The problem is the interest rate and the amount that will be paid over the months.
The main tip here is to buy only what fits your budget. Even with the ease of installments, it is better to avoid large bills.
This is associated with the first and is essential for anyone who wants to save money. Before you leave the house to go shopping, whatever it may be, make a list of what you need. This will keep you focused on what really matters and will avoid directing your money to nonsense.
track your finances
Here comes the expense spreadsheet. Keeping track of how your money is being spent is very important and the best way to do this is by putting everything at the tip of the pencil. Establish the habit of seeing and analyzing how your money is being used to make the best decisions every time.
Financial Control Excel Spreadsheet (BM&F Bovespa)
Want a simple-to-use spreadsheet option for those who don’t know much about formulas and formatting rules? The BM&F Bovespa spreadsheet helps you control your money in a very simple way.
It works like a finance notebook, where you can mark inflows and outflows of money. However, because it is simpler, it is not possible to record variable data, for example.
Even so, it is an excellent option for those who want to start controlling their money.
Did you like the tips? Now just start planning your financial life.