In this episode of Lazy and Stupid, we hop offline to talk about the exciting world of BUDGETING!

It may not be the most glamorous of subjects, but it’s important to maintain some kind of budget whether you own a business or if you just need to get a better handle on your financial situation.

WHAT IS A BUDGET?

A budget compares your income to your expenses to give you a better understanding of your financial situation.

Budgets can be useful for all sorts of financial planning scenarios. Want to go on vacation? Use a budget to figure out how much money you can set aside to save for it. Want to increase how much you’re able to spend on entertainment? Use a budget to figure out where you can adjust your spending to account for that additional cost.

IN THIS EPISODE

Throughout this episode, I’ll take you through a budget spreadsheet that I have designed which has helped me tremendously when it comes to maintaining my finances. If you like what you see, you can purchase the exact template featured in this video, along with my budget tip sheet, for only $7.

CLICK HERE TO PURCHASE THE LAZY AND STUPID BUDGET SPREADSHEET!

Or, if you’d rather not pay $7 for my super spectacularly awesome budget spreadsheet, you can download a free but simplified template by clicking here (download link).

The budget spreadsheet opens in Microsoft Excel as well as OpenOffice Calc which is a free, open source software available for PC, Linus and Mac.

I hope this video brings you financial clarity. Thanks for watching!