The Yearly Budgeting

Tool

get your 2021 finances in check! 

Benefits of the Tool

01

Track your monthly expenditure and savings 

02

Set saving targets for long term and short term goals

03

Visual representation of month to month expenditure

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Expenses Tab

Savings Tab

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Income/Expenditure Overview Tab

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Debt Calculator

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& available in 20 currencies!

GBP, USD, EUR, GHS, AUD, JPY, CHF, CFA, NGN, UGX, ZAR, AED, INR, SEK, CAD, MXN, HKD, NOK, KES, SLL

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Hi,

I'm Rachel

Creator of TYB Tool

And thank you for being here! This tool has been designed to help guide you in improving your finances in 2021 and in years to come. It has been created to allow you to be diligent with your money, giving you the ability to track your expenditure and savings, as well as help you reach the financial goals that you set. The tool not only helps with tracking month to month expenditure and income, but also calculates what you need to save on a month to month basis in order to reach your goals in a given time frame. Intentionality is a requirement for improvement therefore I hope this tool helps you move one step closer in building wealth!

FREQUENTLY ASKED QUESTIONS

Are there formulas in the spreadsheet?

Yes - the spreadsheet has formulas and macros in them.  All cells with formulas have been locked therefore there you don't have to worry about accidentally erasing them

I get paid bi-weekly/weekly. Does the tool accomodate this?

Yes - for each month there are four red tabs.; this is to accomodate the different pay schedules. If you get paid monthly, input your income in the first tab, if its bi-weekly, the first two tabs and its its monthly, all four tabs. In 5 week month, you will have to consolidate the salaries for the last two weeks. 

Is there a user guide for the tool?

Yes - its on the first tab of the spreadsheet

Is there a video on how to use the budgeting tool?

Not yet, but this will be coming soon!

Can I add more rows for my expenses?

Yes - simply click the button at the top left hand side of the page and it will add expense rows for each quarter. For example, if you click Q1, it will generate extra expense lines for January,  February & March

Can I add more pots?

Yes. There are  default 4 pots however you can add 5 more in the spreadsheet (more details in the tool)

How do I assign Pots?

You do this through the Savings Tab. Each table (except general savings which is the first table) has space at the top of the pot to  name the pot. This will automatically feed into every month of the expense tab. Once you assign the name, assign the amount you would like  to save and the time frame you would like to do this in. For example, the above pot "Emergency Pot" has the goal of saving £3000 over 12 month period 

NAME / JOB / TITLE