
The objective of this template is to help you manage your allowance and build good financial habits.
Budget is a tool that helps with planning, it puts you in charge of your finances, it allows you the opportunity to decide where your money goes. It takes into account your expected allowance and how it is to be used.
Budgeting is a process which entails that you know your allowance (or an estimate) and identify what to use the allowance for. You build your budget before you receive your allowance and before you start spending. You can update the budget with the actual allowance if it differs from what you have on the budget. DISCIPLINE is key as it helps you stay on course.
The template has some explanations and notes at the lower part of the excel sheet to serve as a guide.
If you need more knowledge and clarification on budgeting, you can watch the budgeting videos on my YouTube channel- Breed Abundance. You can also reach out by sending an e-mail to [email protected]
Keep breeding abundance.