About the Available Spending Money Report Spreadsheet
The Spending Money sheet aims to simplify budgeting. It helps you understand exactly how much discretionary money you have to spend without dipping into funds for fixed or obligatory expenses like rent and utilities.
You only add in the things you know you’ll have to pay for or want to have a cap on to make sure the money is set aside and available for those items.
Many folks who used the Level Money app will find this budgeting style familiar. We like it because it puts less pressure on new (or seasoned) budgeters to set and rigidly stick to a target.
Obligatory money is set aside, and there’s flexibility throughout the month about where the rest of your money goes.
The sheet calculates your estimated cash flow (income – expenses) based on your estimated values. Keep in mind the cash flow estimate doesn’t factor in your actual spending so this is also an indication of how much money you’ll have left over to spend based on your estimated income and fixed/tracked expenses.