![]() ![]() Once you know the real story, you can begin to find ways to pinpoint savings and plan for the future. ![]() ![]() The two charts go hand-in-hand when it comes to helping you see the whole picture of where you get your money and where you spend it. You should list everything - the same as you would do for your budget. (See section on timing below for handling unexpected blips in flow.) What to list in your monthly cash flow chart MONTHLY CASH FLOW = How much I make (minus) how much I spend. Guess as best as you can what your total yearly amount would be for each item that isn’t a fixed monthly amount, and divide by 12 to come up with a monthly estimate.īut as I will explain later, since this is about keeping track of your actual cash flow, your own version will also include any large, out-of-the-ordinary expenses you might know of now that could put a strain on you that month. You will, of course, need to adapt this sample cash flow chart for your own ins and outs. Making the cash flow spreadsheet work for you Take a moment to see what the sample categories are so you can recognize the kinds of things in your own daily life that you would want to include in your projected (near future) cash flow spreadsheet. The idea is to track every item from either side of the equation to figure out how much you are gaining or losing each month. You’ll see I have listed some examples of money that comes in (income / revenue of some sort) and money (cash, checks or credit) that goes out. How to create a cash flow spreadsheetįirst, let’s look at a simple example of a Monthly Cash Flow Spreadsheet. So I’m hoping I can get you to want to do it too. But it will help give you a full picture of your finances. Why should we even care about creating a spreadsheet to track every single dollar? Isn’t cash flow analysis something only a boring accountant would want to do? Probably yes about the “want” part. Your expenses (whether one at a time or regularly scheduled) are money going out. Things like your salary or savings account interest are examples of money coming in. A cash flow spreadsheet helps you track and analyze the amount of real money coming in and going out. ![]()
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