Weekly Budget Template Excel
Reasons to Make Weekly Budget Plans Instead of Monthly
Most people, perhaps including you, get their take-home pay mostly once every month. Although this situation may tempt you to make a monthly instead of weekly budget plan, there are some very good reasons why making weekly plans is much better.
You deal with lower transaction volume with fewer variations
A weekly budget plan is simpler because the transaction volume is rather small, more fixed, and less varied. This simplicity allows you to handle emergencies better. Starting fresh every weekend is better than delaying the handling of some possibly unmanageable tasks until the end of the month. A month is a long timeframe. If certain delays have to occur that long, you may find it difficult when dealing with financial problems.
Sample of Weekly Budget :
Your life cycles run by weeks
Within a week, you have weekdays, weekends, and all expenditures associated with them. When it comes to cash flow, your life—and that of your family—reaches a full cycle within a week. Making a weekly budget plan is thus more rational because you want to know how to efficiently manage your expenses for the next full week every Monday. This management may become erratic if you use a monthly instead of a weekly budget plan.
Weekly Budget Template Excel | download