This Excel template will support you:
- Build the Monthly Forecast Cash flow include estimated Spending/Income for a year by month.
- Manage/Track your daily Spending/Income transactions and summary all of them to provide a general picture of month to date and year to date cash flow.
- Summary your assets (what you own), your liabilities (what you owe) and your net worth as well as provide a general picture of portion of each of them.
- Base on Monthly Actual Cashflow and Current ending cash on hand and/or cash in bank balance in the "Net Worth" worksheet, you can estimate how much money you can transfer to Saving accounts and Investment to enjoy the compound interest.