Personal Budget Excel Sheet from Scratch: Personal Finance, Money, Accounting & Productivity

Are You Keeping Track of Your Income and Expenses Each Month?

If not, then this lesson is crucial for you. Get a budget today!

Budgeting is the process of creating a plan for your finances. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough to do the things you need to do or would like to do.

Budgeting is simply balancing your expenses with your income. If they don't balance and you spend more than you make, you will have a problem. Many people don't realize that they spend more
than they earn and slowly sink deeper into debt every year.

If you don't have enough to do everything you would like to do, then you can use this planning process to prioritize your spending and focus on the things that are most important to you.

Why is Budgeting so Important?

Since budgeting allows you to create a spending plan, it ensures that you will always have enough for the things you need and the things that are important to you. Following a budget or spending plan will also keep you out of debt or help you work your way out of debt if you are currently in debt.

And if you liked this class, be sure to check out my related courses that may benefit you even further! 

1. Use Canva to Create Videos for ETSY, Instagram, Facebook, and more -  https://skl.sh/31G4VjJ
   
2. Financial Management for 18-16 Year-Olds - https://skl.sh/3klhe9c

Hope to see you in class again soon!