Where budgeting is inevitable for businesses and companies, it is also invaluable for individuals who receive their paychecks every two weeks. They can closely track their biweekly income and expenses and set a roadmap for financial prosperity. So, if you are a household, freelancer, or individual facing difficulties managing your biweekly expenses, then you can get free access to an amazing tool called the biweekly budget template. It is a pre-designed solution to your financial troubles and lets you outline your income sources and set aside a portion for necessary expenses. In this way, you prevent yourself from running short of money or borrowing money from others to pay for biweekly bills, food, and other expenses. On the other hand, with this budget, you gain full control over your finances by seeing the big picture and keeping your spending within budget limits.
Template Components
Our experts have cultivated this bi-weekly budget using essential elements. Here, we will explain each component of this template in detail so viewers can easily get along with this handy budget sheet for achieving financial freedom.
Layout Desing
This format has a professional layout and includes a delightful combination of Link Water and charcoal grey colors in the background. For enhanced readability of this worksheet, we have used the Calibri font.
Header Area
In the header area of this template, the user can compose a title in the editable text box along with the writing budget date and prepare by name. Next to this, you can establish bi-weekly budget goals to achieve. It can be saving a hundred dollars each week or reducing unwanted expenses within the budget period, etc. In addition, there is also a note section available in the header area to take crucial notes and observations about incoming savings and expenses.
Free Bi-Weekly Budget Template
File Format: MS Excel (XLSX)
File Size: 27.7 KB
Bi-Weekly Income
The body section of this editable budget template starts with the income table. Here, you can keep a record of your bi-weekly income paychecks and other income streams. However, the last column of this worksheet will bring the variance of anticipated and actual income. Therefore, you can keep an eye on the ball and distribute your finances carefully to meet bi-weekly expenses.
Bi-Weekly Expenses
The bi-weekly expense table comprises four columns and numerous rows. In the first column, you can create a list of bi-weekly expenses with a concise description. In this second and third column, you can insert the budget and actual value of specific expenses respectively. However, the last column exhibits the difference between both and enables you to cut irrelevant expenses and prepare a solid game plan to avoid budget overruns.
Summary Section
At the bottom of this bi-weekly budget spreadsheet, there is a summary section displaying the overall financial health. Yes, this table contains two columns and a few rows which will auto-calculate the net balance you have for a certain period. Moreover, it will update its values as you enter data in the top income and expense tables. It will let you make informed decisions by seeing the budget performance not only in digits but also visually with the aid of bar chat.
Other Features
There are so many other features that you can grab using this template. You can download this budget template for free without registering on the website or paying anything. Moreover, this pre-design format saves time and provides users with default information for smooth navigation. This biweekly budget will allow you to include a personalization touch by landing on the Google Doc Editor. You can customize every ingredient of this budget worksheet and modify the layout according to your needs and circumstances. So, this budget planner is an efficient tool for managing your biweekly finances as well as elevating your savings. It will guide you toward financial freedom by keeping your expenses within financial constraints. To download this or other useful pre-design budgeting options, you can visit our website and scrutinize the collection of professional budget templates for various uses.
Samantha Lee is a seasoned professional in document design and workflow optimization with over a decade of experience in enhancing office productivity. Holding a degree in Business Administration from the University of Michigan, she has honed her expertise in streamlining processes through innovative document management solutions. Samantha has worked with a variety of corporations, helping them implement effective templates and automated processes that save time and reduce errors.
