Budget Spreadsheet
Many of us find ourselves wondering where our money went by the end of the month. Creating a monthly budget can help us take control of our expenses and build our savings. A well-structured budget spreadsheet makes it easier to track spending and stay on course.
By comparing the Planned and Actual columns, you can identify discrepancies between your expected and real expenditures. This insight helps you reassess spending habits and reallocate resources more effectively.
This budget spreadsheet is also designed to complement the Institute’s talk and workshop on “Making Sense of Your Money,” providing practical tools to enhance financial management.
Crisis Budget Spreadsheet
Use this spreadsheet to create a budget during periods of income uncertainty, interruptions, or cash flow challenges. It will help you prioritize essential expenses, adjust spending, and manage your finances more effectively
Effective Interest Rate Calculator
The Effective Interest Rate (EIR) represents the actual cost of a loan, considering how often repayments are made. This spreadsheet helps you determine the EIR of your loans, giving you a clearer picture of the true borrowing cost.
Insurance Portfolio Summary
This spreadsheet provides a comprehensive summary of your insurance policies, helping you track coverage, premiums, and key details at a glance.
Loan Amortization Calculator
Use this calculator to estimate your monthly loan payments, interest costs, and payoff date. Your repayment amount is determined by the loan amount, term, and interest rate.
Loan Repayment Schedule
This spreadsheet helps you organize and prioritize your loan repayments, giving you a clear overview of due dates, amounts, and progress toward repayment.
Net Cash Flow Statement
This spreadsheet helps you calculate your Net Cash Flow on a yearly basis. A Cash Surplus indicates extra funds that could be invested for better returns, while a Cash Deficit signals the need to identify causes and make necessary financial adjustments.
Net Worth Spreadsheet
This spreadsheet helps you assess your financial position and track your progress toward increasing your net worth over time. Net worth is calculated as the difference between your total assets and liabilities, making it a crucial metric in financial planning.
Total Assets
- Liquid Assets – Short-term assets that can be easily converted into cash, such as savings, current accounts, fixed deposits, and short-term government securities.
- Invested Assets – Investments aimed at generating income and capital growth over the medium to long term, including bonds, equities, real estate, derivatives, and CPF accounts.
- Personal Consumption Assets – Non-investment assets meant for personal use, such as your home, car, household items, jewelry, and collectibles.
Liabilities
- Current Liabilities – Short-term financial obligations due within 12 months, such as credit card balances and income tax payments.
- Long-Term Liabilities – Debts extending beyond 12 months, including mortgage loans, car loans, and renovation loans.
Use this spreadsheet to monitor your assets, liabilities, and overall financial growth, ensuring a solid financial foundation for the future.
Retirement Calculator
Use this spreadsheet to estimate your retirement income needs.
Retirement Savings / Investment Illustrator
This tool helps you estimate the future value of your current retirement savings or regular investments. It also calculates how long your savings will sustain you in retirement based on your desired annual retirement income.
For a comprehensive retirement plan, use this tool alongside the Retirement Calculator to make informed financial decisions for your future.
Savings & Goal Savings Calculator
This calculator helps you estimate how much your savings will grow over time. It also allows you to determine the daily, weekly, or monthly savings needed to reach your financial goals. Developing a consistent savings habit is key to building long-term financial stability.
Spending Plan Spreadsheet
Use this spreadsheet to create a monthly spending plan and track your expenses. By comparing actual spending with your target budget, you can identify areas for adjustment and improve your financial management.
Tertiary Fees Estimator
This spreadsheet helps you estimate the costs associated with tertiary education, allowing you to plan and budget for tuition fees and other expenses effectively.