Savings Goal Tracker [42]

© 2010 Vertex42 LLC

Savings Goal 18,750 25,000 15,000 6,500 2,500 67,750

% Saved 62.1% 28.2% 8.3% 7.7% 0.0% - - 30.2%

Remaining 7,100 17,958 13,750 6,000 2,500 - - 47,308

Amount to Deposit% Allocation 30.0% 15.0% 15.0% 20.0% 20.0% 100.00%

Allocation 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Current Balance 20,442.10TRANSACTION HISTORY Money Market Account

Date Description Subtotal

1/1/10 Beginning Balance 12,500.00 6,540.00 1,250.00 250.00 0.00 20,540.00

1/1/10 Interest Earned 2.10 2.10

1/5/10 Deposit 500.00 500.00

1/6/10 Goal Transfer -250.00 250.00 -

1/7/10 Emergency Room -600.00 -600.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insert new rows above this one, by copying the above row. -

Current Savings Total 11,650.00 7,042.10 1,250.00 500.00 - - - 20,442.10

HELP

Goal1

Goal2

Goal3

Goal4

Goal5

Goal6

Goal7

Goal1

Goal2

Goal3

Goal4

Goal5

Goal6

Goal7

$-

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

62.1% 28.2% 8.3% 7.7% 0.0%

Goal vs. Current SavingsSavings Goal Row 41 % Saved

Help

INTRO

Step 1

Step 2

Step 3

Recording a DEPOSIT

Step 1

Step 2

Step 3

Recording a WITHDRAWAL

Step 1

Step 2

Recording INTEREST EARNED

Recording a TRANSFER

MANAGING ACCOUNTS

http://www.vertex42.com/ExcelTemplates/savings-goal-tracker.html

© 2010 Vertex42 LLC. All Rights Reserved.

Help

This workbook is designed to help you track how your savings is allocated, and where you stand with respect to your various savings goals. If you use multiple savings accounts, you can consider them lumped together in this workbook, or you can save a copy of this workbook for each separateaccount. For example, you might want to have one workbook for long-term savings goals and anotherworkbook for short-term savings. If you use a single workbook for each separate savings account, itwill make it easier to compare the transaction history and balances to your statements.

- The Subtotal on the Beginning Balance line should match the total balance shown on your savingsaccount statement.

Recording a DEPOSIT

values from the Allocation row. If you Copy/Paste the Allocation values, make sure that when you Paste

Recording a WITHDRAWAL

Insert a new Transaction by entering the Date and the Description ("Withdrawal").

Enter the amount to withdrawal from each separate goal. Make sure that the Subtotaladds up to the actual amount withdrawn.

Recording INTEREST EARNED

When you get your monthly statement, enter a new transaction just like you would a Deposit.If the interest earned is very small, you might want to skip the allocation steps and just add thefull interest amount to a single goal.

Recording a TRANSFER

If you decide to transfer money from one goal to another, just enter a negative value in one columnand the positive value in the other column.

MANAGING ACCOUNTS

If you are including multiple accounts in this workbook, you can highlight the name of the goalsdifferent colors based on what account you are using for that goal. It may be a little bit harder to

http://www.vertex42.com/ExcelTemplates/savings-goal-tracker.html

Enter the Names for your savings goals by editing the column labels (Goal 1, Goal 2, etc.)

Enter the Savings Goal amounts for each goal.

Enter the Beginning Balance for each goal on the first line of the Transaction History.

Enter the deposit amount in the Amount to Deposit cell

Set the Allocation Percentage for each goal and make sure the TOTAL = 100%

Record the Deposit in the Transaction History. Enter the Date and Description ("Deposit"), then the

you use Paste Special > Values.

compare the balances of your actual savings accounts to this workbook, though.

© 2010 Vertex42 LLC. All Rights Reserved.