Download Money Manager for Kids Template In Excel

Money Manager for Kids is an important life skill that you can teach to children at a young age. Are you actually helping them learn how to save? Do they understand how a bank works? All of these things can be done and taught quite simply using the “family bank” concept and a very simple money management worksheet.

The Family Bank Approach

The basic idea is that parents act as Family Bank, and each child keeps track of how much money they have in the bank using a worksheet like the ones below. Moreover, Deposits and withdrawals are easy to handle, and when it comes time to give allowance, no cash needs to even exchange hands. Thus, The worksheets are tape to the inside of pantry door. We design these worksheets to allow you to track up 4 separate “accounts” such as (1) Spending, (2) Tithing, (3) Savings and (4) College. All Parents should keep track of how much the kids have in family bank just in case the worksheets ever get lost.

Personal Expense Tracker

Download the Money Manager for Kids spreadsheet if you wish to customize it or keep an electronic record.

The Excel workbook now contains landscape version that allows you to include much more categories. I created this for our elder children who will now be getting an allowance and will require to budget and pay for their own clothes, school supplies, lunches, etc. Furthermore, This is something my parents do when I was growing up, and it taught me some good financial principles at an early age.

Money Manager Expense and Budget

Balances: The current balance for each “account” or column is enter into the rectangular boxes. It is obvious how it works if you take a look at the example above.

Allowance: When you give an allowance, you don’t have to give cash, you simply record allowance as deposit, divided between tithing, savings, and/or spending.

Deposits: If your child receives cash for work they’ve done or birthdays, they can hand you (the banker) the cash, and you record the deposit in their worksheet.

Withdrawals: If your child needs cash for some reason, you hand them money from your wallet or purse (i.e. the bank) and record the withdrawal in the worksheet.

When you run out of space: After you’ve filled in a worksheet completely, you print out another blank copy and then record the current balances at the top of the new money manager worksheet.

Download this Money Manager for Kids template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get Money Manager for Kids Excel Template

Instruction :

All Excel templates and tools are sole property of xlsxtemplates.com. User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from PPTXTemplates.com  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Catering Quotation Template

Catering Quotation

Introduction: Crafting Effective Catering Quotations A catering quotation is an essential document for any catering business, offering a detailed proposal for food services for events

Read More »
Work Order Invoice Format

Work Order Invoice

Work Order Invoice Template: Efficient and Detailed Billing for Specific Tasks In businesses where tasks are clearly defined and structured, it’s crucial that the invoicing

Read More »
Work Contract Service Invoice Template

Work Contract Service Invoice

Work Contract Service Invoice Template: Ensuring Transparency in Contractual Billing In the realm of contractual services, clear communication, and precise documentation is paramount. Our Work

Read More »
US Customs Invoice

US Customs Invoice

US Customs Invoice Template: A Key to Unlocking Smooth International Transactions Engaging in international trade demands meticulous adherence to various customs regulations and documentation. This

Read More »
Tree Trimming Invoice Format

Tree Trimming Invoice

Tree Trimming Invoice Format: Detailed Billing for Tree Care Projects Tree trimming and care is an art that requires precision, skill, and a keen eye

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.