Introduction

:
A: Budgeting is all about managing your cash! It is not about denial or rules (it can be fun). Use these sheets to get a clear view of your take home income, where it goes, and how much you should have left. Use your own real income and expenses; Not numbers you think should be used. When you have your Income and Expenses entered, you can copy that year's sheet to a new "play" sheet and take a look at what you would like to change. Make the changes and see what happens to your cash flow. Then figure out how to do it in the real world. Consider using an envelope system if you're having trouble keeping track of your cash. (See www.Wikipedia.com "envelope budgeting".) B: Created

in Excel 2003. Not tested on previous versions.

C: If you want to save this as an Excel Template (.Xlt) file, the first thing to do is to copy or rename this file with a .XLT extension (Excel Power Take Home Budget.XLT). Then you can proceed to D below. Otherwise go directly to Chapter 1 - Set-up. D: Assuming this is your first Excel Template download: 1) Make sure your protection software (i.e. Norton, MacAfee, etc.) is either turned off, or configured to accept macros from third parties. Check the documentation for that software. 2) If Excel gives you a security message about macros, go to Tools-Options-"Security" Tab and click the "Macro Security" button. Then set the level to either medium or low. 3) Find your Microsoft Office Template Folder. Look 1st under C:\Documents and Settings\"user name"\Application Data\Microsoft\Templates. If they are not there, open "Windows Explorer" from the "Accessories" category of the "Programs" menu. Then search for files whose names are *.xlt. This should tell you where you must save the template for it to appear correctly when you want to start a new budget.

Chapter 1 - Set-up.
A: This worksheet was created on a monitor running at 1680 x 1050. It is best displayed full screen with Excel zoom set at 90%. Other screen resolutions may require adjusting the zoom B: The features of this worksheet depend on Formulas and Macros. Be sure your Excel is set to run third party macros. C: Although these sheets have editing protection turned on, there is no password. It is protected just to prevent accidental changes. Use the "Protection On/Off" button on the "Take Home" toolbar (see below) to change the protection. The colored bar in column A will change between green (protection is on) and red (protection is off) and the button face will change from a closed lock (turn protection on) and an open lock (turn protection off). If you choose to unprotect any of the sheets, be sure to turn protection back on again. The "Protection On/Off" button on the "Take Home" toolbar does more than just change the protection on the active sheet, Therefore it is preferable to use it instead of the "Tools/Protection" from the command bar. D: The "Sample" Sheet. The "Sample" sheet is provided for you to play with and to become familiar with how these sheets behave. It is entirely fictitious. Go ahead and see how you would spend something like a million dollars. When you are comfortable with how things work go ahead and do your own. E: When you no longer need/want the "Cover", "Instructions" & "Sample" sheets, please feel free to delete them. It will reduce the size of your file.

Chapter 2 - Entering your numbers.
A: The following applies to the "Income", "Savings/Investments Additions", and Expenses" catagories. 1) Change the descriptions in the description column (column E) to suit your needs. 2) Start by recording in the yellow cells of columns B,C,D your income and expenses that are consistent from month to month. The amount goes in the column labeled "How Much" (do not enter the $ sign). The "How Often" column is for the frequency of that amount (i.e. weekly, monthly, etc). See the comment* in the header cells for the right format*. [Example: for $2,900 every month, enter 2900 in the "How Much" column and 4 in the "How Often" column.] When the amount is on a quarterly, annual, or varied basis you will also need to enter the months involved in the "Which Month(s)" column, separating the months with a comma (,). [Example: for $2,900 in April (4), June (6), and October (10), enter 2900 in "How Much", 5 in "How Often", and 4,6,10 in "Which Month(s)". When you have all of your numbers entered, click each "Distribute" button on the "Take Home" toolbar (see below). * To show or hide all comments: Click the "View" command on the Excel command bar and then "Comments". 3) When the Amount Varies from Month to Month: When the amount of an "Income" or "Expense" item varies from month to month, enter something like "XXX" or "????" in the "How Much" column (just as an indicator). Leave the "How Often" column empty. Then enter the amounts in the appropriate months. The rest of the information will still update correctly and this row will be skipped each time a "Distribute" button is clicked. 4) To clear an entire row: When you need to clear an entire row, type "none" in the "How Much" column and click the appropriate "Distribute" button. The numbers will clear in that row leaving just the description. B: The Take Home Tool Bar. 1) This is a custom toolbar that is created when you open "Take Home Budget" and deleted when you close the file. It is a floating tool bar and you can drag it to wherever it's convenient. Clicking on either the "Income" or "Expenses" button will run a small macro program that will take the information from the first 3 columns of either "Income" or "Expenses" and enter it (distribute it) among the months. All the rest of the information is the result of formulas. Each time you change any of the information in the first three columns, click the appropriate distribution button again and everything will update. Note: Toolbar buttons don't work if there is a cell active. Press your enter key to exit the active cell, then try the button again.

2) Preventing Automatic Distribution: When the "How Often" column contains nothing, the distribute programs will skip that row and continue with the rest. This is how you protect any changes you make manually in the month columns. [Example: You are told you will be on unpaid leave from your job July and August. Use "Clear Contents" to remove the values in the "How Often", "July", and "August" columns. Now clicking a "Distribute" button will not affect the information in that row.] The rest of the information will still update correctly.

Chapter 3 - The Summaries
A: This is where you can get a quick look at your present situation and the future. If there are any red numbers in the "Income Summary", be forewarned. Your financial picture is not a happy one, unless you have planned it this way. Take a look at "Cash Flow" and the "Montly Summary" chart to see what month(s) might be a problem. B: If more than 100% of your income is accounted for, it means that your expenses exceed your income. It's probably wise to keep this figure down to 85% or less. Otherwise, you may feel maxed out and broke all the time. C: As your "Total Annual Savings" contributions go over 5% of your income, the background color will change to turquoise, and if it goes over 10% (a very good thing) the background will go to green. The 10% number is widely recommended by most of the financial "Gurus", but only you can determine how much you are happy with. D: Using the "Running Summary" 1) By entering the balance of your checking account on the first of the month (before paying expenses), and then watching the balance after scheduled income and expenses, you can see which way your checking balance will go. The "Running Summary" also repeats the "Cash Flow" figures from below "Expenses". (Note: Don't expect one month's "after expenses" balance to be the next month's beginning balance. There are probably other additions and subtractions during the month.)

Chapter 4 - Inserting and deleting rows.
A: To delete a row: First turn protection off with the "Protection Off" toolbar button.Then you can delete the row(s). Only delete a row if it starts with a yellow cell! Otherwise, you may mess up the references and formulas for the rest of the sheet. Remember to turn protection back on! B: If you need additional rows, you can add them in the areas where there are rows starting with yellow cells. Use the "Insert Rows" button on the "Take Home" toolbar to insert the number of rows you need. The "Insert Rows" button will automatically insert the rows and add the right formula for the "Year's Total" cells.

Chapter 5 - Printing
A: Printing is set for legal size paper in portrait mode.

Chapter 6 - Notes
A: Before starting your 2010 Take Home sheet, copy the 2010 sheet to create a 2011 sheet. B: When the sum of the "Year's Total" cells and the sum of the "Monthly Totals" cells are the same, the self-check cell in the "Year's Total" will be green. If there is an error, it will be dark pink.

Sample Annual Cash Balance Guide
Monthly Summary
6,000 5,000 4,000

Dollars

3,000 2,000 1,000 0 (1,000) (2,000) January February March April May June July August Septem ber October Novem ber Decem ber

Row 30 Row 105 Row 108 Row 41

Month ** 87.3% of your income is accounted for, which includes the 4.84% of your income you are saving. ** You only have 12.7% of your income to spend without restraint. That's about $516 per month. ** There is a $3,875 difference in your monthly cash flow. Consider shifting some Income or Expenses to other months.
Total Annual Income Net Annual Income Average Income per Month Maximum Monthly Income Minimum Monthly Income Average Monthly Cash Flow Maximum Month Cash Flow Minimum Monthly Cash Flow
Checking Account Balance on the 1st

$48,750 $6,186 $4,063 $5,250 $3,750 $516 $2,216 $(1,659)
350 5,600 3,334 2,266 1,916 1,345 5,095 3,159 1,936 591 1,125 5,025 3,554 1,471 346 968 4,718 4,174 544 (424) 265 4,015 3,159 856 591 625 4,625 3,334 1,291 666 815 6,065 3,034 3,031 2,216

Total Annual Expenses Total Annual Savings Average Expenses per Month Maximum Monthly Expenses Minimum Monthly Expenses

$42,564 $2,360 $3,547 $5,409 $3,034

Income Summary

Expense Summary

2,565 6,315 5,409 906 (1,659) September

655 4,755 3,244 1,511 856

945 4,695 3,124 1,571 626

1,200 4,950 4,009 941 (259)

630 4,380 3,034 1,346 716

Running Summary
How Often How Much

Income + Checking Account Balance Expenses Checking Account Balance After Expenses Err:511

November

August

Income
$375 $425 $400 $875 $1,500 XXX 1 3 4 4 5 1,7 Take Home Income 1 Take Home Income 2 Take Home Income 3 Alimony Child Support Investment/Interest Income 1 Royalties

-11,625 850 400 875 1,500

-21,625 850 400 875

-31,625 850 400 875

-41,625 850 400 875

-51,625 850 400 875

-61,625 850 400 875

-71,625 850 400 875 1,500

-81,625 850 400 875

-91,625 850 400 875

-101,625 850 400 875

-111,625 850 400 875

-121,625 850 400 875

Year's Total
19,500 10,200 0 4,800 10,500 3,000 0 750 48,750 48,750
30 50 87 30

March

June

Description

150

250

350

Monthly Totals

5,250

3,750

3,900

3,750

3,750

4,000

5,250

3,750

4,100

3,750

3,750

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Savings & Investment Additions
$15 $25 $20 $30 3 3 1 4 Savings for Birthdays Savings for the Holidays Short Term Saving Account 1 Short Term Saving Account 2 Long Term Investment Account 1 Long Term Investment Account 2

-130 50 87 30

-230 50 87 30

-330 50 87 30

-430 50 87 30

-530 50 87 30

-630 50 87 30

-730 50 87 30

-830 50 87 30

-930 50 87 30

-1030 50 87 30

-1130 50 87 30

-12360 600 1,040 0 360 0 0

Monthly Totals

197

197

197

197

197

197

197

197

197

197

197

December

February

Which Month(s)

January

October

April

July

May

3,750

197

[2,360] [2,360] 0 0 0

Expenses

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Alimony $1,100 $115 $65 $35 $70 $75 $15 $35 $10 $200 $10 $250 $10 $200 $250 4 4 4 4 4 1 1 5 4 5 4 5 4 5 5 8 8 3 4,8 2,5,8,11 1st Mortgage/Rent 2nd Mortgage/Rent Gas & Electric Water & Garbage Home Phone Cell Phones Television Service Grocery Store Food Grocery Store, Other Her Personal Grooming His Personal Grooming Clothing Her's Dry Cleaning Her's Clothing His Dry Cleaning His Clothing Child 1 Clothing Child 2 Clothing Child 3 Clothing Child 4 Clothing Child 5 $50 $15 4 4 Payment Credit Card 1 Payment Credit Card 2 Payment Credit Card 3 Payment Credit Card 4 $225 $12 $190 $15 4 1 4 3 Car Payment 1 Gas , Car 1 Car Payment 2 Gas, Car 2 Car Payment 3 Gas, Car 3 $300 $90 $300 $30 4 5 5 1,6 2,3,4,5,8,9,1 0,11 Routine Car Maintanance - Total Car Insurance - Total Cars - Gov't Fees, etc. Doctor 1 Doctor 2 Lawyer 1 Dentist/orthodontist 1 Dentist/orthodontist 2 Gardener/Landscape Maintanance $50 $850 $15 4 5 1 4,11 Home Owner's/Renter's Insurance Real Estate Tax on Home Family Eating Out Parents Going Out His lunches Her lunches $1,600 $75 5 1 8 Family Movies/Parks/Vacations Child Care Child Care Health Insurance Life Insurance Pet Food Routine Vet Visits Children's School Parent's Education His Hobbies/Activities Her Hobbies/Activities 325 325 325 325 325 325 325 1,600 325 325 325 325 325 65 65 65 50 50 50 50 850 65 65 65 65 65 65 65 50 50 50 50 50 50 50 850 65 65 50 30 30 300 90 90 180 30 30 30 30 30 30 90 90 300 90 90 120 30 30 30 30 90 90 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 225 52 190 30 50 15 50 15 50 15 50 15 50 15 50 15 50 15 50 15 50 15 50 15 50 15 50 15 10 10 10 10 10 250 10 10 10 10 10 10 200 250 10 10 10 10 10 325 65 325 65 35 10 10 10 200 10 10 10 10 325 65 325 65 325 65 35 10 10 10 325 65 325 65 325 65 35 10 200 10 10 10 10 10 10 10 325 65 325 65 325 65 35 10 10 325 65 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 115 65 35 70 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100

13,200 0 1,380 780 420 840 0 3,900 780 140 120 400 120 250 120 200 250 0 0 0 0 600 180 0 0 2,700 624 2,280 360 0 0 600 720 300 360 0 0 0 0 0 600 1,700 780 0 0 0 1,600 3,900 0 0 0 0 0 0 0 0 0 0 0

Total Expenses

3,334

3,159

3,554

4,174

3,159

3,334

3,034

5,409

3,244

3,124

4,009

3,034

42,564 42,564 6,186

-1Cash Flow
1,916

-2591

-3346

-4(424)

-5591

-6666

-72,216

-8(1,659)

-9856

-10626

-11(259)

-12716

2009 Annual Cash Balance Guide
Monthly Summary
1 1 1 1 1 0 0 0 0 0 0 January February March April May June July August Septem ber October Novem ber Decem ber

Dollars

Row 30 Row 40 Row 104 Row 107

Month ** 0% of your income is accounted for, which includes the 0% of your income you are saving. ** You only have 100% of your income to spend without restraint. That's about $0 per month. ** There is a $0 difference in your monthly cash flow. Consider shifting some Income or Expenses to other months.
Total Annual Income Net Annual Income Average Income per Month Maximum Monthly Income Minimum Monthly Income Average Monthly Cash Flow Maximum Month Cash Flow Minimum Monthly Cash Flow
Checking Account Balance on the 1st

$1 $1 $$$$$$-

Total Annual Expenses Total Annual Savings Average Expenses per Month Maximum Monthly Expenses Minimum Monthly Expenses

$$$$$-

Income Summary

Expense Summary

Running Summary
How Often How Much

Income + Checking Account Balance Expenses Checking Account Balance After Expenses Err:511

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0 September

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

November

August

Income
Take Home Income 1 Take Home Income 2 Take Home Income 3 Alimony Child Support Investment/Interest Income 1 Investment/Interest Income 2 other

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-120 0 0 0 0 0 0 0

Monthly Totals

0

0

0

0

0

0

0

0

0

0

0

0

Year's Total
0 0 0 0 0 0 0 0 0 [0] [0] 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

March

June

Description

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Savings & Investment Additions
Short Term Saving Account 1 Short Term Saving Account 2 Long Term Investment Account 1 Long Term Investment Account 2 Holiday Savings Birthday Savings

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Monthly Totals

0

0

0

0

0

0

0

0

0

0

0

Expenses

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Alimony 1st Mortgage/Rent 2nd Mortgage/Rent Gas & Electric Water & Garbage Home Phone Cell Phones Television Service Grocery Store Food Grocery Store, Other Her Personal Grooming His Personal Grooming Clothing Her's Dry Cleaning Her's Clothing His Dry Cleaning His Clothing Child 1 Clothing Child 2 Clothing Child 3 Clothing Child 4 Clothing Child 5 Children's Dry Cleaning Payment Credit Card 1 Payment Credit Card 2 Payment Credit Card 3 Payment Credit Card 4 Car Payment 1 Gas , Car 1 Car Payment 2 Gas, Car 2 Car Payment 3 Gas, Car 3 Routine Car Maintanance - Total Car Insurance - Total Cars - Gov't Fees, etc. Doctor 1 Doctor 2 Lawyer 1 Dentist/orthodontist 1 Dentist/orthodontist 2 Gardener/Landscape Maintanance Home Owner's Insurance Real Estate Tax on Home Family Eating Out Parents Going Out His lunches Her lunches Family Movies/Parks/Vacations Child Care Child Care Health Insurance Life Insurance Pet Food Routine Vet Visits Children's School Parent's Education His Hobbies/Activities Her Hobbies/Activities

Total Expenses -1Cash Flow

0

0

0

0

0

0

0

0

0

0

0

-20 0

-30

-40

-50

-60

-70

-80

-90

-100

-110

-12-

Dennis Simpson

Page 6

December

February

Which Month(s)

January

October

April

July

May

09/19/2009

2010 Annual Cash Balance Guide
Monthly Summary
1 1 1 1 1 0 0 0 0 0 0 January February March April May June July August Septem ber October Novem ber Decem ber

Dollars

Row 30 Row 40 Row 104 Row 107

Month ** 0% of your income is accounted for, which includes the 0% of your income you are saving. ** You only have 100% of your income to spend without restraint. That's about $0 per month. ** There is a $0 difference in your monthly cash flow. Consider shifting some Income or Expenses to other months.
Total Annual Income Net Annual Income Average Income per Month Maximum Monthly Income Minimum Monthly Income Average Monthly Cash Flow Maximum Month Cash Flow Minimum Monthly Cash Flow
Checking Account Balance on the 1st

$1 $1 $$$$$$-

Total Annual Expenses Total Annual Savings Average Expenses per Month Maximum Monthly Expenses Minimum Monthly Expenses

$$$$$-

Income Summary

Expense Summary

Running Summary
How Often How Much

Income + Checking Account Balance Expenses Checking Account Balance After Expenses Err:511

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0 September

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

November

August

Income
Take Home Income 1 Take Home Income 2 Take Home Income 3 Alimony Child Support Investment/Interest Income 1 Investment/Interest Income 2 other

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-120 0 0 0 0 0 0 0

Monthly Totals

0

0

0

0

0

0

0

0

0

0

0

0

Year's Total
0 0 0 0 0 0 0 0 0 [0] [0] 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

March

June

Description

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Savings & Investment Additions
Short Term Saving Account 1 Short Term Saving Account 2 Long Term Investment Account 1 Long Term Investment Account 2 Holiday Savings Birthday Savings

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Monthly Totals

0

0

0

0

0

0

0

0

0

0

0

Expenses

-1-

-2-

-3-

-4-

-5-

-6-

-7-

-8-

-9-

-10-

-11-

-12-

Alimony 1st Mortgage/Rent 2nd Mortgage/Rent Gas & Electric Water & Garbage Home Phone Cell Phones Television Service Grocery Store Food Grocery Store, Other Her Personal Grooming His Personal Grooming Clothing Her's Dry Cleaning Her's Clothing His Dry Cleaning His Clothing Child 1 Clothing Child 2 Clothing Child 3 Clothing Child 4 Clothing Child 5 Children's Dry Cleaning Payment Credit Card 1 Payment Credit Card 2 Payment Credit Card 3 Payment Credit Card 4 Car Payment 1 Gas , Car 1 Car Payment 2 Gas, Car 2 Car Payment 3 Gas, Car 3 Routine Car Maintanance - Total Car Insurance - Total Cars - Gov't Fees, etc. Doctor 1 Doctor 2 Lawyer 1 Dentist/orthodontist 1 Dentist/orthodontist 2 Gardener/Landscape Maintanance Home Owner's Insurance Real Estate Tax on Home Family Eating Out Parents Going Out His lunches Her lunches Family Movies/Parks/Vacations Child Care Child Care Health Insurance Life Insurance Pet Food Routine Vet Visits Children's School Parent's Education His Hobbies/Activities Her Hobbies/Activities

Total Expenses -1Cash Flow

0

0

0

0

0

0

0

0

0

0

0

-20 0

-30

-40

-50

-60

-70

-80

-90

-100

-110

-12-

Dennis Simpson

Page 7

December

February

Which Month(s)

January

October

April

July

May

09/19/2009

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