Budget Tracking

Here we will track our budgeting to keep up to our main goal which is achieving a 100 million dollar in 5 years.

Below you can see the savings chart to see if I save enough to make this challenge happen.

The table below shows you the raw data.

YearIncomeExpensesCashflowSavings Rate GoalSavings Rate
End Result$1,318.00$623.31$694.69
2020$1,318.00$623.31$694.6920.00%#DIV/0!
2021$0.00$0.00$0.0040.00%#DIV/0!
2022$0.00$0.00$0.0060.00%#DIV/0!
2023$0.00$0.00$0.0080.00%#DIV/0!
2024$0.00$0.00$0.0090.00%#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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