Has anyone tried this free budgeting tool?
Free is for me. I like ynab (except the cc bit), and I've paid for 1 yr, but maybe next year I want something free. Has anyone tried this: https://clark.com/personal-finance-credit/budgeting-saving/google-sheets-budget-template-review/
Budgeting is a fairly personal thing, imo. Go with what works for you. It seems nice. I like Google's office suite. I'd say try it and if you like it go for it.
Personally I've been doing free budgeting tools for years. Some of them I like and still use. I use Personal Capital for tracking my investments/Net Worth. I use Mint for the visualizations and because it has ten years of my data already and I have to do very little hands-on so I can pretty much just check it once a month or when I want to look at trends. I've used various spreadsheet-based budgets but to be honest those were always the hardest for me to be consistent with.
But I still wound up paying for YNAB because of the way it encourages and almost forces me to be more conscious about where, when, and how I'm spending my money. There's some things I wish it had, and some things that drive me nuts about it, but it's my go-to app every day to watch my budget. I'm only six months in but I'm already pretty confident I'll renew next year. The peace of mind is worth the cost to me.
I pretty much agree with Maroon Rain.
Question for you, what about the "cc thing?" I have four open credit cards, which I pay, automatically, in full, monthly. Haven't had to even look at that entire category group for months now, everything happens automatically and is always in balance. I'm not aware of any "cc things." What are you talking about?
I opened the sheet template. nolesrule had a good assessment of the tool. It's fairly simple. You have two separate buckets that don't really meet. You have your expenses, which you forecast, and categorize as you enter transactions. Then you get to see the forecast vs. the actual spend. And, you have your income, which is in another bucket. The income doesn't fund the categories. I'll agree with nolesrule, that's not going to be very helpful to gain control of your finances. However, it is only a template and very much like excel. I'd have to learn sheets a bit more (or just export the whole thing to excel), but it seems like the two buckets could be joined so when income comes in, then it could fund the categories. Again, I've not tried it, but it seems quite possible just following the way the sheet works now. What you would not have in the ability for the category funds to roll over from month to month without some sheets/excel magic that might not be worth the time. (I've done similar things, but you'd have to build the whole year and a lot of references between the sheets).
I know this is 7 months old, but I thought I'd say, I rifted off the free Google Sheet budget template to give me a budgeting tool with cashflow projection and account reconciliation. It's been helping my wife and I out a lot... https://michaelshipe.com/family-budget-spreadsheet.php. Hope it helps and best of luck!