Budgeting Worksheet: Pay_off Debt _ Not surprisingly, most people want to budget to pay_off their debt. Try to find a budgeting worksheet that actually helps you do that! A really good budgeting worksheet should have some capability to organize those debts and give you some options on how to pay them off as quickly as possible. The worksheets themselves can't pay_off the debt, you still need to do that part! But the worksheet should allow you to shift money around on paper (computer screen) so that you can see the financial impact on your budget. Giving up a small amount of spending in your discretionary categories and applying some of that money to your debt load will dramatically improve your financial situation. Before you know it, you'll be able to apply that extra money to your new goals _ without going into debt!
With a quick search of the Internet, you can find dozens of free budgeting worksheets to download. There are PDFs and Excel worksheets galore. Some are easier to navigate than others... some look better. So, with all the options out there, which free form should you choose? Before we get into that, we should step back and get an idea of what you need the budgeting worksheets to do. Creating and following a budget can be very hard work. It's so hard, in fact, that most people give up after a few short weeks, or even days. There are all kinds of reasons people give up. Perhaps the most commonly overlooked and easiest to correct has to do with the budgeting worksheet or tools they use.