When it comes to managing your money, one of the best ways to do so is with a personal finance planner. I love planners and have created many different versions over the years but I always come back to the same core elements that help me keep on top of my money.
I wanted to share this planner with others who want help or love staying organised, so I made it look pretty and have included all the pages that I love and use over and over again.
What’s Included In The Planner?
The free Mini Finance Planner (free budgeting planner) I created has over 25 pages in it that will help you manage your money.
Get your copy of the planner for free here:
Here are some of the main areas:
Full Calendar To Plan Out Your Financial Events
When managing your money, it is absolutely essential for you to plan ahead and the best way to do this is with a calendar. It’s pretty simple, you just have to write into your calendar all the events you have throughout the year that will incur some sort of cost. This could be things that you have to travel to (extra travel costs), have to buy gifts for or have any sort of fees associated with them (like school events).
Keep this calendar handy so you can update it when something comes up, and you can reference it whenever you’re planning out your budget so you’re not caught off guard.
Weekly Overview + Daily Planner
Don’t underestimate the importance of planning your week and your day when it comes to being able to manage your money.
Your weekly planner is great for things like meal planning, keeping track of what days to do your groceries or what day bills are due or you have income coming in. While you have your calendar for your big overview, your weekly planner helps you go into a little more detail and keep track of week to week items.
The daily planner is honestly my favourite page. It helps me keep on track with everything and allows me to stop worrying I’m going to forget something and actually get on with my day.
Do you know how much your bills cost you each year? Or how much you should be putting away in order to ensure your bills are paid on time each fortnight?
One of the best ways to ensure your bills are always paid on time is to create a bills account that all of your bills are paid out of automatically.
To work out how much money you need to put into that account each pay cycle, work out all of your bills for the year (include things like insurance, car services, rent, mortgage, anything that is a ‘bill’) then fill in the calculations to work out each bill costs each pay cycle.
Then add it all up so you know how much to put away each pay.
For example – say you spend $1000 a year on car services, and you get paid weekly, you’d divide $1000 by 52 to work out how much you need to put aside for it each pay.
This way you’ll always have enough money in your bills account for your expenses. Winning.
Income Ideas & Savings Ideas
Sometimes brainstorming is a great way to get your ideas out onto a page, or maybe you need somewhere to keep track of your ideas for how to earn more money or save more money and want them in one central place.
This is the place.
Keep these pages with you when you’re scouring Pinterest for ideas to save money and keep note of the ones that resonate with you. Do the same for ideas to make money – getting that great nugget of an idea is only good if you remember what it is!
Do you know how much money you have owing on your debts? Or when they are due to be paid off? If you don’t, you’re not alone. Many people can’t even tell you how much interest they are paying or how much their debt is actually costing them!
Use the debt tracker so you can keep on top of all of your debt details and help motivate you to pay it off sooner.
The first step to managing your money is understanding it and hiding from your debts is not the way to go.
Once you know all the details, then you can work towards eliminating that debt and managing your money!
I was always (foolishly) of the belief that budgets were for low-income earners or people who couldn’t manage their money properly. But that’s not true at all.
Budgets are SMART!
Businesses use budgets to ensure they keep track of their finances and run at a profit, and you should do the same for your personal finances.
These budget pages can be printed as many times as you’d like so you can use a new one each paycheck, or you can laminate them and use a temporary marker on them to reuse it over and over again.
You should create a budget for EVERY paycheck, which is why there is a section for your fixed and additional income and expenses. Once you have your ‘fixed’ section down pat, the rest only takes a few minutes to fill in after you reference your calendar and check to see what expenses you have coming up.
Yearly Finance Tracker
Have you ever heard that you should be running your finances like a business? That is, you should run your personal finances at a profit – therefore you should spend less than what you earn.
We hear of this in many different ways, that you should live within your means, or that you shouldn’t have a champagne lifestyle on a beer budget. But have you ever actually tracked this for yourself?
Keep a track of your monthly income and expenses so you can tally up at the end of the year and work out if you were successful at running your personal finance at a profit (also helps to keep on top of it throughout the year too!)
If you haven’t got your copy yet, be sure to download the free Mini Finance Planner here: