GENERAL HOUSEHOLD BUDGET PERCENTAGES UPDATE

Money given to those outside of householdġ Includes television bundle subscriptions.Ģ Includes package holidays, money spent abroad on holidays and holiday accommodation (foreign and domestic). Table 1.5 Average weekly household expenditure on items included in the commodity group Miscellaneous goods, Miscellaneous goods, services and other expenditure The proportion of total expenditure on Housing increased from 18.2% to 19.6% over this period. Expenditure on Drink consumed at home has remained relatively consistent since 2009-2010 at €10.56.Īs a proportion of total household expenditure, Alcoholic drink and tobacco fell from 4.9% to 3.3% from 2009-2010 to 2015-2016, while the proportion relating to Food fell from 16.2% to 14.7%. This is due to a drop in expenditure on Tobacco and Drink consumed out, down €5.44 and €5.70 respectively.

The highest percentage decrease (-29.1%) was for expenditure on Alcoholic drink and tobacco down from €39.48 in 2009-2010 to €28.00 in 2015-2016. Expenditure on Petrol/ Diesel decreased by 6.3% from €36.91 to €34.59 over this period. Excluding purchase of cars, expenditure on Transport over the five year period actually decreased by 7.1%. This increase is primarily driven by the increase in car purchases, which has risen by €14.18 from €30.25 to €44.43 over the time period. Expenditure on Miscellaneous goods, services and other expenditure increased by 10.8% over this time period, up from €253.81 in 2009-2010 to €281.21 in 2015-2016. Increases in expenditure on rent, purchases of dwellings and the introduction of Local property tax and Water charges contributed to this increase. This template is made up of two sheets, one for your budget breakdown and the second is your dashboard.The highest percentage increase (11.3%) was in Housing up from €147.73 in 2009-2010 to €164.36 in 2015-2016. Now that you’ve made a list of your goals and started tracking your expenses, you can begin creating your actual budget using a personal budget template.īegin by downloading the personal budget template, and inputting your income, savings goals, and expense amounts for the first month. Getting Started With a Personal Budget Template in Excel

GENERAL HOUSEHOLD BUDGET PERCENTAGES UPDATE

Be sure to have monthly check-ins on your budget and don’t hesitate to update it as your circumstances change. Additionally, just because you create a budget one month, doesn’t mean your expenses and goals will be the same for the next. Using a personal budget template is helpful to get your budget started, though you can always personalize your budget to match your specific needs. Of course, you may decide to change the amount you budget for each item, but this will at least provide a baseline to go off of.

Review your bank statements for the last three to four months to get an idea of your spending. To make accurate estimates of how much you should allocate to each expense within your personal budget, you will need a sense of how much you are currently spending in each area. Your long-term goals could take many years to accomplish, with examples of long-term goals including saving for your child’s education or your own retirement. Short-term goals should only take a year to accomplish and would include items like paying off a credit card. Determine why each goal is a priority, how you plan to achieve them, and the timeframe in which you would like to accomplish them. Take some time to make a list of your short and long-term goals. To get started, you want to consider the following steps to help you establish your personal budget: Taking control of your finances with a personal budget template will help you make headway on these goals. Getting started with the Smartsheet APIĬreating a personal budget is not only important for your financial well-being and peace-of-mind, but also for your short and long-term goals.ENGAGE Smartsheet ENGAGE brings together our global customers, experts, and partners to share their experiences, ideas, and best practices.Smartsheet events Your hub for Smartsheet events, webinars, Q&As, and user groups.Partners Learn about the Smartsheet partner program and access our partner directory.Community Explore user-generated content and stay updated on our latest product features.

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General household budget percentages