There are a lot of ways to save money from freebies to coupons to special offers (like Papa John’s specials—yum!), but sometimes an oldie but a goodie is the best option, like free printable budget worksheets.
“According to a recent study by U.S. Bank, only 41% of Americans use a budget even though it’s one of the most effective ways to keep track of our finances.” – CNN
Personal budget templates aren’t sexy. They don’t allow you to snag items for free, and they usually involve you having to make sacrifices. However, free printable budget sheets are probably one of the easiest ways to have a huge impact on your family’s finances.
Using free printable budget templates will allow you to track your spending, categorize needs (ex. electricity) vs. wants (ex. Starbucks), and spot patterns over time. You can then start chipping away at those excess wants. Seriously, using free printable budget worksheets to shave just $50 off of what you spend on wants every month will add up fast! ($50 a month is $600 a year!)
Tip: Blank budget worksheet printables can be customized to meet your needs. Not everyone has the same expenses. For example, not everyone has to pay for health insurance or property taxes. Don’t take an existing free printable budget worksheet and try to shoehorn it to fit your life. Instead, opt for a customizable option!
Some printable budgets sheets even allow you to document short and long term goals and track your progress toward achieving them. Keeping your eye on the prize, so to speak, can make using free printable budget worksheets a little more palatable.