The following question was asked and needs to be spot-lighted!

"How do you set up the 2009 spreadsheet and then transfer the 2008 balances over to 2009?"

To setup the 2009 home budget spreadsheet, just enter all expected income and expenses for each month in their corresponding cells; just like on the 2008 spreadsheet. Since the 2009 spreadsheet was designed to work with its 2008 counter part, there is nothing for you to do to transfer balances; it's done automatically for you.

Example: Open the 2008 spreadsheet. Then, open the 2009 spreadsheet. You will notice that the beginning bank balance for 2009 is the ending balance from 2008. Also, you will notice that the two different types of savings (if your used them) and the credit card balance have transfer over to the next year. The only balance that doesn't transfer over is the Christmas balance. The reason for this is that your Christmas balance is expected to be used in the present year.

       

It should be noted here that you don't have to wait until next year to gain the benefits of the 2009 home budget spreadsheet. While having both spreadsheets open, try adding income or expenses to the 2008 spreadsheet. The 2009 spreadsheet automatically adjusts the balances for you. The spreadsheet weren't designed to end on December 31, each year. They were designed to link together to form one continuous home budget.

Right now, there is a family (Mom & Dad with 3.2 children) sitting down to do their finances. Because of this benefit, Mom & Dad will know today, what their home budgeting picture will look like for 2009 year. I personally, have already planned a camping trip for the wife and grandchildren for June of 2009. And I know that the money will be there waiting for me. It's in my budget and a part of my plans for 2009.

Michael Reichwein (CEO)

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