Budget
Money Management
Money budgeting
All right, today we're going to go over a monthly slash really budget. How to get to it, you go to your Gmail, you click on these little dots right here and you scroll down to sheets. Oh, sorry. Scroll down the sheets. You hit template gallery, and then you scroll down to monthly budget. All right. So what we have here, we have a monthly budget right here. So you have your expenses and you have your income, because we want to know how much money we have coming in and how much money we have going out. And we want to break it down to each category, where is our money going and where is our money coming in from? So you can change categories. So what I'm going to do, I'm just going to add a little business expense because we're going to add over here with our income. A small business or a side hustle, what some people like to say. It's always good to have multiple income incomes because now we're able to cut, knock down those expenses and we're able to build, build more wealth. All right, so now what we do, we'll go over here to transactions.
All right, so now you see our expenses slash income. So we're just going to log these numbers in. So we'll delete that. So amount, we have 500 for rent. And we have to go onto the home category. Then we have 200 four groceries. Got to go into the food category. Go through them out the best speller. Grocery. All right. Then we spent another 50 on fast food. Now go ahead and food category. And then we had a wedding. And that is a gift, so that goes under the gifts, and then we had a birthday. Three day. That goes into gifts. All right, we went shopping. We bought some clothes. That goes on to personal. One 25. This water slash electric and that goes on a utility. We spent 75 on Wi-Fi slash phone bills and that will go under utilities as well. 75, forgets. That goes into transportation. Another 75 for a car service. That goes on a transportation. Then we spent. On car insurance. And got to go into transportation too. And then we spent $25 on medicine. And that goes on to help the medical. So now we scroll up, we have our paychecks, and you can put the dates today, we're not, but what I'm going to do is I'm going to highlight this so we can see it twice. I'm going to highlight it twice. So now we paste. Boom, 'cause we want to be able to see these numbers twice. All right, so we made $3000.
Our first paycheck and boom is already there for us. We made 500 with our small business. All right, let's say next month, same thing. Made another 3000. And then we made another 500 with our hope on that. Small business. All right, so now we can come over here. We can so we say we have all these numbers logged in. Now we go here to summary. Boom. We made $7000. And we saved $4240 and we spent 2760. So now it's broken down into each category. So now you can see where all your money's going, how much you made. And then if you want to set goals for yourself, so let's tell you planning to make 30,000 in paychecks or whatever job you have. Now you're 25, $24,000 short. And now you see your goal. All right. What's your small business? That's how you plan to make 10,000 with that. And now you see how far you're short of your goal with your paychecks, what your side hustle and total. All right, so we're going to take it a step further because I like to track everything. I like to see it. So we'll go income right here. Just drag this over. I'm going to run you through this. Pretty quick. I just want you to see the trends.
So we break it down by weeks and one. Expenses. One. And we're going net. So I like to say so. So I say something. All right, so now the first week, all right. That would be $875, so I'm going to do these numbers real quick just so you can see it, but you would log these numbers in. Each week, each month. And you will get an idea of how much money you're making and saving. So we highlight these right here, hit enter. So now we have a running total. But we'll make 7000 at the end of that month. 3500 in that month 3500. I'm going to highlight this real quick. Just to show you. All right, and we made three 55. We spent three 45 that week. Bring it down. Right there. So now we've got equal sum. And we highlight all these real quick just to see. So like watch right here, if I delete that, it does it for me now. All right, equal some. Inner computers are smart. They do it for you. All right, so now we're tracking, we're seeing our money. Now we want to see how much we saved equal some. So now you go equal some. Minus this number, enter. All right equal some. Minus this number, which will be the same equal sum. And it does it for you. All right, so now what we've done is you see how much we made so we're basically just double checking ourselves twice.
So 7000 right here income, we go over here to summary. May 7000. All right, we go over here to expenses. We spent 2760. Spent 2760. You go back over here, you net, slash save, 4240. You go over here. Knit 4240. All right, and then right here, if you want to name this, like I said, I like to name it. A monthly all right, and now you can color code it however you want, but this is kind of what we do, and this is how we track our trends and, you know, you want to kind of see how much you have coming in. You want to see how much you have going out. And now you see your patterns. And it just gives you a visual of how much you have coming in and going out. And then we go back over to transactions. So like I said, these are a lot of tracking transactions. So every time you get a receipt, what I like to do is I like to log it in, you know, if I go to subway 25 or not 25.