Here are 25 spaces for placeholders, i. e. all possible expenses might need to assume.
Other columns include launch and end date, accrue periodicity, and the amount of money spent.
Practice, practice, practice. Let advertising be one of your fixed expenses.
Enter its launch date, for example, May 2018, and choose the end date if the advertising campaign is temporary – December 2020 (in case you don’t want to terminate it yet, tick the last date from the list). Then, set up accrue periodicity of your advertising: one-time, every day, every week, every 2 weeks, every month, every month, every year, etc.
If you put every day periodicity, the expenses will be calculated depending on how many days there are in a month.
For the sake of simplicity, let’s choose every week. Now, put 500$, so at the end of the month, we get a 2000$ advertising, pretty clear.
However, on the end date (December 2020), the amount is 2040$. Why? Because of the yearly growth rate. That’s how we increase the expenses by 1% each year.
Flexibility in planning is an asset here!
Monthly Expenses Template
8 different ways to forecast your expenses: One time, Daily, Weekly, Bi-Weekly/Fortnight, Monthly, Quarterly, Semi-Annually, YearlyUp to 25 different categories of expenses to forecast
Start/end date for each separate category of expensesAbility to grow each separate expense category by years
