How to create a weekly budget template you will use.

A detailed budget helps you stay on track, manage your finances, and allocate money more effectively. Want to learn how to create a weekly budget? Follow these tips to make it a success.

Divide expenses into discretionary and non-discretionary.

There are two types of expenses: those you must pay and those you choose to pay. Non-discretionary expenses are bills you have to pay, like rent, utilities, loan payments, etc. Discretionary expenses are those you choose to pay, like entertainment, subscriptions, and eating out (or ordering in).

Dividing your weekly budget expenses into these two categories can help you make healthy choices to reach your goals faster. If an unexpected expense appears or you’d like to contribute more to your savings, knowing you can cut back on discretionary expenses will help you stay on budget.

Add a contingency.

Speaking of unexpected expenses — things happen, so be prepared by building a contingency into your weekly budget. It doesn’t have to be substantial, but if your friends call and want to go out or you’re hit with some car troubles, having that extra money in your budget will make the expense more manageable.

Organize and update your weekly budget regularly.

Weekly budgets change. Do you have the same expenses or income you did five years ago? Organize your budget and make regular updates to keep it current. It’s a good idea to put your weekly budget into an Excel spreadsheet for easy editing and organizing.

Once you have your spreadsheet, convert the Excel file to a PDF online to simplify collaboration and sharing. Then, you can send your weekly budget PDF to your business team members or family members quickly and easily without worrying about pesky formatting issues.

Want to learn other ways to work with PDFs online? Discover more about how Adobe Acrobat can help you create, organize and maintain budget documents.