Comments on: Free Net Worth Spreadsheet

By: Aaron

Aaron — Mon, 31 Oct 2011 20:35:47 +0000

“Car and life insurance (2x a year)
Auto and home repairs (whenever)
Vacations (1-2x a year)
Holiday gifts (1x a year)”

You know how much you’re going to pay in insurance every 6 months, and looking at average past annual expenditures, you know about how much you’ll spend on the other areas. Divide those amounts by 12 and sock it into a high-yield savings account every month. Boom, your semi-regular expenses are now part of the monthly budget.

By: Paula @ Afford Anything

Paula @ Afford Anything — Sun, 30 Oct 2011 18:31:34 +0000

I do the same as Stephanie — I set aside 1/12th of an annual expense each month. That way its still part of my “monthly” budget.

By: Stephanie

Stephanie — Sat, 22 Oct 2011 10:57:51 +0000

I hear you on monthly budgets needing to factor in occasional but important spending, such as vacations, insurance, etc. That’s why for the last three years or so I’ve been using Mint.com to track everything we spend (we, like you, put almost everything on a credit card we pay off monthly). Mint is great because it allows you to plan for those occasional purchases, such as our once-a-year personal property tax I just paid. Each month it sets aside 1/12 of whatever that yearly expense will be and factors it into your budget. I also like to have rolling budgets for things like clothes. For four months I may not buy any clothes, and then one month I might spend $500 on clothes because I haven’t drawn from my clothing budget in quite some time.

By: Kevin

Kevin — Wed, 01 Oct 2008 06:45:33 +0000

Thanks for this. It’s a good starting point so I don’t have to make mine from scratch. The formatting is pretty!

One gripe, though:

The way you calculated percentage change is very odd. Your formula is 100%-(old value/new value), which gives the percentage change relative to the new value instead of relative to the the old value. A more natural formula would be (new value/old value) – 100%.

Your formula calls a change from $100 to $200 a “50% change”, while most people understand it to be a 100% increase.

By: Are you tracking your net worth? | Enginero.com

Are you tracking your net worth? | Enginero.com — Thu, 01 May 2008 05:38:29 +0000

[...] typical spreadsheet route. The spreadsheet is am using is based on the template available over at moneyunder30.com. It’s a basic month over month tracking spreadsheet that can be customized to reflect your [...]

By: Flexo

Flexo — Fri, 08 Sep 2006 05:34:08 +0000

You can hide the Division by Zero errors with a basic conditional formula, which would improve the initial look of the sheet.