It follows my 5 steps for zero-based budgeting above, and works on Google Sheets. Of course, I’m a big fan of my FREE budget template.
There’s something for EVERY type of budget in this list! Pick your favorite and try it out! My Free Budget Template Here are my favorite zero-based budget templates and apps that you can get on the internet today! Top 7 Zero Based Budget Templates and Apps (check out my recommended 5 Steps on how to use your extra funds.)Īnd that’s it! You simply need to assign every dollar a job, and then stick to it. With your basics covered, the rest of your income should go toward your next goal. Bills and Daily Spending first, then save for infrequent expenses. The idea is that your money should be allocated in order. Step 5: Put the rest toward your goals ( Emergency Fund, Debt Payoff, Saving, Investing, etc.).Step 4: Enter your Saving Buckets (infrequent expenses like Christmas, birthdays, car maintenance, etc.).Step 3: Enter your daily expenses (Groceries, gas, shopping, restaurants, entertainment, etc.).Step 2: Enter your fixed expenses (bills, subscriptions, etc.).To create a zero-sum budget, you need to follow the below basic formula: Most people know their income, but if you don’t know your average spending, the best way is to simply look at your spending over the past few months (we go over this exercise in complete detail in our Money Management Masterclass ). Note : To properly use a zero-based budget template, you need to know your expected income, and spending throughout the month. The best part about zero-based budgeting is that you get a full picture of how your money * should* be used during the month. This makes sure that no money “slips through the cracks”, and any and all extra money after your expenses goes toward your goals. The idea is that you create a budget, input your total income for the month, and then assign those dollars a job. Zero-Based Budgeting (also known as zero-sum budgeting) is simply creating a plan for every dollar you earn. Best Printable Zero-Based Budget Template.Best Detail Oriented Zero-Based Budget Template.Best Zero-Based Budget Template For Debt Payoff.Top 7 Zero Based Budget Templates and Apps.
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