Another good example of the benefits of using a template as you create your budget is the category labeled vacation. While most people don't budget for their vacation on a monthly basis on their budgeting worksheet, experts suggest that you incorporate all of your one time or annual expenses into a workable monthly budget. This way, when vacation time rolls around, you will already have all the funds you need. Think of the other one time or annual expenses in your financial picture that you may need to plan for on a monthly basis.
So you are engaged to get married but don't have a lot of extra money to spend for the wedding? No problem you can still have a beautiful wedding for nearly half the cost. The key ingredient to have is a budget worksheet and budget plan before doing anything. By spending the time to plan ahead and budget your major expenses you will ensure success in saving money. You will not be caught on a whim and spend over the amount planned. Not having a plan is a recipe for disaster because this often means you are searching for crucial items last minute which can really add up.