The benefits include:įirst sheet called ‘start’ gives a brief introduction of the template and its Benefits of the semi-monthly home budget templateīenefits of using this template for the families. These can be utilized for analyzing the family’s financial condition as well as improving it. In addition, this worksheet generates expense graphs for all the categories. The inbuilt formulas and the designing of the template would then generate the ‘budget report’ that highlight the expense amount in each category along with the expense amount in each sub-category. In the ‘data lists’, the categories and subcategories of house expenses are updated and modified.
The inbuilt formulas then automatically calculate the bi-monthly, monthly and yearly figures in the ‘dashboard’ along with the generation of the bi-monthly income and expenses graphs. The details of all the expenses and incomes are continuously updated throughout the year based on their occurrence in the ‘expenditures and income’ worksheet. After this, the template is ready to be used.
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After downloading it, the family can customize and update it on the basis of the categories of their incomes and expenses. This MS Excel spreadsheet is readily available to be downloaded.
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How to use the semi-monthly home budget template? In addition, it may result in better financials and savings of aįamily. The bi-monthly graphs can indicate the trends of expenses in different months so that income can be matched and managed accordingly.ĭetails present, this template can prove to be useful for maintaining theīi-monthly, monthly and yearly budgets as well as managing incomes andĮxpenses. These graphs can help the household people to analyze their expenses and manage them appropriately. In the worksheet called ‘ budget report’, one can see the bi-monthly totals of all the expenses along with the sub-categories in addition to the generated graphs. The ‘ data lists’ has all the categories of expenses listed in it along with the sub-categories. One can choose the desired month by clicking on the arrows to see the monthly figures for that particular month. The ‘ dashboard’ has details of bi-monthly, monthly and yearly figures along with the bi-monthly pattern graphs. The sheet named ‘ expenditures and income’ contains details, including date, description and amount, of all the incomes and expenditures throughout the year. The first sheet of the template is named ‘ start’ which offers an overview as well as it briefly describes the usage of the template. This is why this template is often the choice of most of the people who want to maintain and manage their budgets and financials. It is a pre-designed template that has incorporated all the required details which can even be customized easily.
It is a template of MS Excel, having various worksheets, to manage the semi-monthly home budget in a detailed manner. What is a semi-monthly home budget template?