personal finance budget expense sheet

personal finance budget expense sheet

I’ve been tracking my spending for 7+ years now and I am proud to share with you the latest Personal Finance Budget & Expense Sheet. 😀

In this sheet, you will need to input all numbers in purple, including salary, health, savings goal, living expenses, flexible expenses, etc. Includes TAX CALCULATIONS so your yearly net amount can be as accurate as possible (although it will never be quite there, so use this sheet as an awesome estimator).

Once again, disclaimers: this is an estimation tool and is in no way shape or form a replacement for your personal advisor or accountant / tax preparer.

(1) This sheet is not going to match your tax refund exactly, but it gives a good basis as to what it would be like
(2) This sheet includes tax calculations for NYC residents. If you reside elsewhere, you will have more money leftover than the last number in this sheet.
(3) This sheet also assumes you take the STANDARD deduction (6200), which… if your NYS tax paid is greater (row 38 + 44), you will be ITEMIZING. (Sheet is currently in the making).

Related post: Monitoring Your Spending

Don’t be a victim of yourself and see this happen –> 💸 (money flying away)


View the Budget & Expense Sheet

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the bikini body guide (BBG)

the bikini body guide (BBG)

cheesing so hard after 24 weeks
cheesing so hard after 24 weeks

I will be starting my 3rd round of BBG on Mon, Feb 22. Do you care to join me? I liked my experience with this program, even if my progress was slow. I’m so proud I was able to stay committed! It really helps that there is a set workout and that it was do-able at home for a majority of the program. I won’t be sharing any progress photos here, since the lighting and timing is not consistent, thus change is really noticeable, haha! This is the timer I use at home on my laptop and on this app my Android phone.

bbg-exercise-plan
bbg 12 week exercise program e-book

BBG (Bikini Body Guide) is a 12-week program by Kayla Itsines . It has 30 minute workouts for Mon, Wed, and Fri that target all parts of your body. The off days are for you to do cardio, light intensity, high intensity, and stretch. (You can obviously switch the days around that work into your schedule.) There is also a separate guide for Part 2 (weeks 13-24) and nutrition.

I started on August 24, 2015 after my cousin received it from her friend. It has been 24 weeks since the beginning and I did the entire 12-week program twice, ending on Fri, Feb 5, 2016 (no break in between). The first 8 weeks were done at home and we video chatted. The last 4 weeks were at the gym since we needed Bosu Balls and more steps. Great timing because I got a one-month pass for her!

Are there results? Yes. I am stronger arm muscle weight training. I can do 10 push ups in a row. My arms aren’t exactly at 90 degrees, but I can do it. And I can do sit ups. (Surprise surprise, I was never able to do one without my feet being held down by something). Just for background, before this program, I went to the gym often and took a bunch of group fitness classes (Zumba, total body training, etc).

Did I lose weight? Maybe. My weight fluctuates a few pounds. In Sep 2015, I was 110.1 pounds and in Feb 2016, I am 107.8 pounds average. Here is my weight chart based on a 7:25 am weight measurement almost every morning recorded in my Fitbit:

winnie-fitbit-weight
winnie’s fitbit weight graph

I also didn’t take any measurements of the rest of my body because I am not trying to shrink into a smaller clothing size. Maybe I’ll do that this time around just to blog about it, ha.

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year of yes: happiness, jobs, moms, badassery

year of yes: happiness, jobs, moms, badassery

Year of Yes - Shonda RhimesI finished reading Year of Yes by Shonda Rhimes, which was a really good book, easy read, and had some humor. I thought the book was going to talk more about how the little yes’s changed her life instead of a few examples of the amazing events she said yes to. Here are my favorite parts of the book:

happiness-comes-from
“Happiness comes from living as you need to, as you want to. As your inner voice tells you to. Happiness comes from being who you actually are instead of who you think you are supposed to be.” (p 286)

Yazzzz 🙌 👏. I cannot agree more. Sounds like my motto.

Do you wanna play? Shonda’s toddler asks her to play. It only takes 15 minutes but her mindset changes. Spend 15 minutes to share your love with your children and yourself, whether it is a bubble bath, manicure, or anything other activity you really like.

She changed the bottom of her email signature to say:

Please Note: I will not engage in work emails after 7 pm or on weekends. IF I AM YOUR BOSS, MAY I SUGGEST: PUT DOWN YOUR PHONE. (p 128)

corporate dog checking emails off hours (during his dinner too). DON'T DO IT
corporate dog checking emails off hours (during his dinner too). DON’T DO IT

I think this is great because the strange mindset in the American work force is to keep keep working. You check an email here and there after hours because it’s “easy”, it’s “quick”, and you just “want to stay on top of things.” But in reality, it is perpetuating people working constantly, being always available. Not everyone is a doctor. Not everything needs fixing ASAP. Relax and take after work hours to do other things outside of work. Relax on vacation and turn that work phone and emails off. Truly disconnect.

Losing yourself does not happen all at once. Losing yourself happens one no at a time. No to going out tonight. Not to catching up with that old college roommate. No to attending that party. No to going on vacation. No to making a new friend. Losing yourself happens one pound at a time. (p 141)

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the last safe investment

the last safe investment

The Last Safe InvestmentI picked up “The Last Safe Investment”  by Bryan Franklin, Michael Ellsberg from the library, thinking it would provide some insight into growing wealth. I stopped reading on page 118 (I had to return the book). It sums up to this: spend systematically so it can provide other value to your life and work on your tribe/network/community because that’s how you accumulate a different type of wealth.

INTRODUCTION:
Consuming vs investing
* John taking friends out to action movie, buys soda and popcorn
* Jane takes coworkers out to business-related movie that someone mentioned, buys water
* They are both not expecting anything back from their group and just want to have a good time

The book explains (exaggerates for the point) that Jane didn’t just spend on Entertainment, she also contributed to a bunch of things that John didn’t. I can’t say I agree with this completely but here is the impact (p 17):
— health. Water is good for everyone vs (John) sugar makes people bounce off walls
— relationships. Respect what others care about vs (John) don’t see how he didn’t invest in this too since his friends like action movies as well
— career.  Contribution to get involved in matters related to work vs (John) doesn’t impact his career directly (unless you can count on his friends’ network for that future role, which I think is pretty likely too)
— purpose.  Enjoy contributing time to each other because it makes their lives more purposeful vs (John) I can see this applying as well… what if their purpose was to contribute to the laughter in his life??
— provide value. Discussion after the movie so everyone is sharing their ideas vs (John) now everyone is more in-the-know about pop culture

Investing = Spend value on other contexts of your life, outside the original context

True Wealth Discipline

  1. Spend systematically – make every expense count for something more
  2. Increase your value to others – see how you can help others with your skills or knowledge, so they will think of you in future when you need something
  3. Improve your happiness exchange rate (more below)

True Wealth Asset

  1. Adviser Equity – contributing your knowledge to others
  2. Tribe – your community and close friends
  3. Savings – “the money you risk (in the form of investing in yourself… should be in service of something that will improve you, further your purpose, as well as increase your income” Intro, p. 41

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