Budget by Paycheck Tracker

Description

Budget by Paycheck Tracker Manual

This guide will help you manage your money one paycheck at a time, making budgeting simple and effective. A Budget by Paycheck Tracker helps you plan and track your spending based on each paycheck. It allows you to allocate your money for bills, savings, and everyday expenses as soon as you get paid.

Why Use Budget by Paycheck Tracker?

• 💡 Easy to Follow: Manage your money with each paycheck.
• 💡 Stay Organized: Keep track of your income and expenses in one place.
• 💡 Achieve Financial Goals: Save for the future and avoid debt.

With this manual, you’ll gain control over your finances and make the most of each paycheck. 

Freebies 🤩

• ✅ Daily Routine Tracker
• ✅ Debt Payoff Tracker
• ✅ Sinking Funds
• ✅ Household Budget Tracker
• ✅ Rental Income & Expense Tracker

Steps on how to use the Budget by Paycheck Tracker:

Step 1: Expected Amounts

1. Enter your expected paycheck amount, paycheck date, your bills, expenses, savings and extra payments on your debt.
2. Enter how much you expect your side hustle and other incomes to be.
3. To pick a date, double-click on the cell, and the calendar will pop up.*
4. *Works in the ‘Bills’ table – ‘Due Date’ column in the Budget by Paycheck Tab & ‘Date’ column in the Expense Tracker Tab.

Step 2: Actual Amounts

1. Enter your actual paycheck amount, bills, savings and extra payments on your debt.
2. Enter the actual amount of side hustle and other incomes you may have.

Step 3: Actual Expenses

1. Enter your actual expenses in the Expense Tracker Tab.

Step 4: Actual Expenses

1. Each time you have an expense, enter the date, amount & category.
2. Choose a category for every expense. Expenses without category selected won’t show up in the Budget by Paycheck Tab!
3.  To pick a date simply double-click on the cell and the calendar will pop up.*
4. *Works in the ‘Bills’ table – ‘Due Date’ column in the Budget by Paycheck Tab & ‘Date’ column in the Expense Tracker Tab.

NOTE: You can customize your expense categories and replace categories that are already in the template.

• – Simply replace the category name 
• – in the expenses table of the Budget by Paycheck Tab.
• – The categories in the Expense Tracker Tab will automatically update!

Step 5: Important Information

1. Some cells contain formulas that automatically update totals.
2. Don’t type in Expenses Table – Actual and Summary Table – Budget & Actual.

IMPORTANT: Don’t type in these cells. They contain formulas that automatically update your actual expenses based on the data from the Expense Tracker Tab.

Step 6: Go to File and Make a Copy for your next paycheck. Or keep reusing the same file for every paycheck.