![]() ![]() Remember to review and adjust your budget regularly and use digital tools and technology to keep you on top of your money. You can even name your accounts to match your buckets to keep you motivated, or set up a regular transfer into your various accounts every time you’re paid. This is a great way to keep you on track with your spending, ensuring you only spend what you’ve allocated for each specific purpose. Once you know how much you’ll be putting into each bucket, divide your income accordingly each time you’re paid. The rest of your income can then be directed into a savings bucket. The first step is to decide how many buckets you need and what they’re for. To do this, list all your expenses during a regular spending period (monthly or fortnightly, say), group them into buckets, and set a budget for each bucket. ![]() Save 20% of your income into a savings account.Budget 30% of your income for lifestyle costs (like dining out, buying clothes).Budget 50% of your income for essential living expenses (such as rent, bills and groceries).Savings – for any goals or super contributions, or to budget for emergency expenses.Ī more basic approach is what's known as the "50:30:20 rule":.Lifestyle – non-essential spending such as dining out, shopping or entertainment.Essentials – ongoing costs such as groceries, transport, pet care and health costs.Commitments – such as regular bills, debt repayments and rent/mortgage payments.It’s a helpful way to manage your spending and saving without complicated spreadsheets. 'Bucketing' involves splitting your regular income into accounts (or buckets), with a specific budget for each. Or, get a full picture of your finances with Cash Flow View. Need some help understanding and tracking your money? Track your spending with Spend Tracker in the CommBank app – it tracks your transactions so you know what you’re spending your money on and where you can cut back. Finding the plan that works for you will make it easier for you to maintain and stick to. You can track your budget in a spreadsheet or journal, or keep a mental record of your spending. Next, decide which kind of money plan works for you. Once you've got a good idea of your regular income and spending, you can tailor a budget to suit your needs. Managing Work Collections of actionable tips, guides, and templates to help improve the way you work.The first step to budgeting is knowing exactly where your money goes.Solution Center Move faster with templates, integrations, and more.Events Explore upcoming events and webinars.Content Center Get actionable news, articles, reports, and release notes.Partners Find a partner or join our award-winning program.Professional Services Get expert help to deliver end-to-end business solutions.Technical Support Get expert coaching, deep technical support and guidance.Help Center Get answers to common questions or open up a support case.Smartsheet University Access eLearning, Instructor-led training, and certification.Community Find answers, learn best practices, or ask a question.Learning Center Find tutorials, help articles & webinars. ![]() A quarterly roundup of the innovations that’ll make your work life easier. What’s up next A sneak peek at upcoming enhancements.Digital asset management Manage and distribute assets, and see how they perform.Resource management Find the best project team and forecast resourcing needs.Intelligent workflows Automate business processes across systems.Governance & administration Configure and manage global controls and settings.Streamlined business apps Build easy-to-navigate business apps in minutes.Integrations Work smarter and more efficiently by sharing information across platforms.Secure request management Streamline requests, process ticketing, and more.Portfolio management at scale Deliver project consistency and visibility at scale.Content management Organize, manage, and review content production.Workflow automation Quickly automate repetitive tasks and processes.Team collaboration Connect everyone on one collaborative platform.Smartsheet platform Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale. ![]()
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