Budget Tracking 2020

This is my budget tracking overview for 2020. You can see that I have set a savings goal of 20% per month. This is not very high but very doable.

Below is the raw data table. See how I’m doing?

YearIncomeExpensesCashflowSavings Rate GoalSavings Rate
End Result$1,318.00$623.31$694.6920.00%#DIV/0!
January$1,318.00$623.31$694.6920.00%52.71%
February$0.0020.00%#DIV/0!
March$0.0020.00%#DIV/0!
April$0.0020.00%#DIV/0!
May$0.0020.00%#DIV/0!
June$0.0020.00%#DIV/0!
July$0.0020.00%#DIV/0!
August$0.0020.00%#DIV/0!
September$0.0020.00%#DIV/0!
October$0.0020.00%#DIV/0!
November$0.0020.00%#DIV/0!
December$0.0020.00%#DIV/0!

Column Terms

  • Income – My actual income which I make through active work.
  • Expenses – These are my expenses of living.
  • Cashflow – This is the money I keep to invest which is simply deducting expenses from my income.
  • Savings Rate Goal – This is the savings goal I want to achieve in percentages.
  • Savings Rate – This is the savings rate I actually achieved.
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