This help article is for our Budget Template version 1.0.
As of May 17, 2018 we have released the version 2.0 of this template, which you can learn about here.
Follow these recommended steps to get started with the Tiller Budget template. Video how to is at the bottom of this help article.
1. Set up your groups and categories.
Remember to keep it simple. Where does your money go each month? Overwrite or delete any example categories you don’t need.
2. Categorize your transactions from the last month to today.
Starting with the prior month will give you the actuals for each category to help you build a baseline you can use to set budget plans for each category for the current period. Even if you don’t budget month to month categorizing last month’s data will give you valuable insights.
3. Open your Budget sheet and start planning.
Set your current budget period at the top, then review your actuals to help you set a budget plan for each category for the current period. Use the “New Plan” cells for each category to set your spending cap goal.
If categorizing last month’s transactions seems too overwhelming don’t worry about it! Start from this month, this week, or today, and return every few days to categorize and check in on your progress. You can always adjust and refocus next budget period.
If you'd like a quicker way to categorize check out our Google Sheets Add-on, AutoCat: Getting Started with AutoCat