It is so because bifurcating and listing all the expenses is time-consuming and will not make the budget simple any longer.Instead, they group into some of the handful of categories, which can broadly highlight the individual’s crucial types of income and expenses. These income and expenses are unlisted in detail transaction-wise. It is a simple worksheet of generally one page, which shows the periodic income and expenses.
Source: Simple Budget Template () About the Simple Budget Template
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Simple Budget Spreadsheet – Shows Periodic Income and Expenses.
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