Every Saturday via a newsletter, I have been sharing my money mistakes and lessons as an Immigrant with several people over email.

The content below was shared with my newsletter subscribers on Saturday, November 23rd, 2024. You can also  SUBSCRIBE HERE

I created a monthly budget tracker for you.

Why?

My personal finance took a significant positive change when I started to use a well-detailed budget someone shared after a finance webinar. With the tracker, I have been able to track what comes in and what goes but more importantly, I have used it to track where most of my money goes and make financial projections for major purchases.

I would like that as you enter 2025 you can actively begin to do the same.

What is included?

I created two types of budget trackers.

One for couples, i.e., couples that jointly run their finances. I worked with two close couples who I know document their monthly income, spending, and analysis in detail. I have used their insight to create something that covers every aspect of household income.

The second one is for single individuals. I have used my own experience to create the different areas of your life that are key to your financial spending/expenses.

Across both of the trackers, I included a chart that helps you capture your spend in percentage against a set goal.

But you can edit / customise to what is important for your own unique situation.

How do I use it?

I admit it is quite manual. Meaning you would need to manually input your figures as you spend. This is what I currently do for myself.

I am definitely not technology agnostic but I have found that the manual input into my tracker helps me achieve two things:

• Take ownership of properly allocating my spend into the various buckets. While my bank has this functionality on their app, it frustratingly allocates my spending randomly that are not a true reflection of my spending. Eg my bank app can not help allocate a purchase of a gift for a friend’s birthday properly.
• Be conscious of my spending as I type into the various spend bucket. Somehow I continually have a mental image of my tracker every day I bring out my card to spend.

How much does it cost?

It’s free… (I had to include an amount as the payment platform I used needed a minimum amount).

Okay, maybe it’s not free. You can pay anything between £1.50 and £I Trillion for it.

If you don’t want to pay anything for it. No pressure to do so. But please make sure you actually use the tracker.

Where do I find this budget tracker?

Budget Tracker for Couples here.

Budget Tracker for Individuals here.

I would like the budget to reach at least 100 people, please share the links above with friends and family.

I would appreciate your feedback once you access the trackers. Can you do me the favor of letting me know what you think and if you find it valuable?

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Anu Sanya