Simple Personal Budget

Being able to accurately manage your finances and control your money is something that everyone must do. However, not everyone has the time or the expertise to manage complicated accounting tools. Simple Personal Budget is a Excel template that can be downloaded, designed to be simple to operate and user friendly. The predefined budget sheet allows anyone to manage their income to a higher degree, without the need for complicated tools.

The basic nature of Simple Personal Budget is both of a blessing and a curse, anyone who finds managing their personal accounts difficult or imposing will take to it well. For those who are looking for an advanced tool, they will be grossly disappointed, in fact some users could probably make a similar template on their own.

However, since the application is free, it is a useful time saver and an excellent way to get started for those who have taken no steps to manage their finances. The spreadsheet display is predefined, but entirely editable in all areas for different expenses and income, with separate tabs for the budget and the reality. The design provides a way to see how well users are sticking to any budget plan. All the calculations are already included, so only a minimal amount of work is required to keep the spreadsheet relevant.

Since Simple Personal Budget is just a spreadsheet, it can be expanded, changed, customized, reduced and edited until it is entirely different. If users feel that a particular element is lacking, it can be easily edited.

For instance, the spreadsheet is lacking an area for detailed tax information, an area for that can be created in moments. Granted, to edit the application users do need to be Excel proficient, but even those who are not are provided with a good starting point to work and learn from.

Simple Personal Budget is definitely a tool for someone just starting out on the road of financial responsibility. In many ways, the spreadsheet just serves as a time saving tool, since anyone who is Excel proficient will be able to make one if they are motivated enough. Simple Personal Budget is a nice way to save people time and get people started, but it is not a long term tool.