Zero Sum Budget Template

And no i dont mean you should spend it on dinner at outback or a weekly manipedi.

Zero sum budget template. Zero based budgeting also known as the zero sum budgeting or the envelope system is a system for allocating your money in which every dollar has a job. The point of a zero based budget is to make income minus the outgo equal zero. It includes an overview tab and a tab for each month. There is an instructions tab which explains how to use the spreadsheet properly.

The zero sum budget is sometimes called the zero based budget. Every dollar or whatever currency you use will be given a purpose. This leaves you with no money in hand at the end of the month. By definition a zero sum budget also called a zero based budget results in 0 at the end of each month.

With a zero based budget you have to make sure your expenses match whats coming in during the month and youre giving every dollar a function. It should work as a tool to help you track your spending but it shouldnt be too restrictive. Your zero sum budget can evolve as you go. It boils down to ensuring that every cent or penny of income you receive is assigned a task.

The goal is zero. Zero based budgeting is a way of budgeting where your income minus your expenses equals zero. A zero sum budget is a tool that requires you to assign every penny of income a place to go. Using a zero sum budget to accomplish your goals zero sum budgeting might be exactly what you need to get your finances under control once and for all.

Youre giving each coin a job. A zero sum budget helps you make the most of your income by making sure every dollar you earn has a purpose and is assigned a budgeting category. In my opinion a zero sum budget is superior because it forces you to spend every dollar that you make. Simple monthly budget a simple microsoft excel budget template to be reused every month.

It includes an overview and sections for each major category. However your income amount will match your expenses. If you cover all your expenses during the month and have 500 left over you arent done with the budget yet. The zero sum budget.

Instead you allocate all of your earnings into the different categories that your finances require. You may not literally have 0 in your bank account whew. That means theres a smaller chance youll waste money during the month. Now that doesnt mean you have zero dollars in your bank account.

Advanced yearly budget an advanced microsoft excel budget template to be reused every year.