Page 133 - The Prosperous Way _ (APRIL 2024 v3)

CHAPTER 14

WORKSHEETS AND RESOURCES

I
n Chapter 9, we looked at the issue of management of time and
energy, and in Chapter 13, we looked at an example of how to
budget. In this chapter, I will share worksheets and forms that I use
to track and manage my own time and money. As previously noted,
these are only offered as examples. In fact, most people would consider
my approach to budgeting and time management to be far too detailed.
However, it works well with me because of how my mind works. Also,
I use Microsoft Excel which for some is pretty ancient technology as most
people would prefer to track time and money using an app. Everyone
must decide what methods and tools work best for them, because these
must become daily habits that you will implement over the long haul
and which will shape your life. So you have to be comfortable with what
you choose.

MANAGING MONEY

In the last chapter, we discussed in detail my personal 4-Ts budget
system. I used a simple budget sample to illustrate these principles.
However, on the following pages, I have set out a budget form for a
more complex situation.

In this case, disposable income after tax and tithe is allocated as follows:
20% saving and insurance; 30% housing and 50% general living,
personal expenses and giving. In addition to the budget form, there is
also a budget tracker for keeping track of where your money is actually
going.

The budget form and tracker may be more detailed than others might
like, and is also done in an Excel spreadsheet, whereas some may prefer
to use an app or other tool. Each person must search out systems that
they are comfortable using over the long haul so that they can easily
become habitual for you personally.

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