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Table of contents Personal monthly budget template If you’re new to budgeting Know your WHY Build your budgeting skills Income projection Understanding banks and accounts Expense projection Using tools Be realistic Set some easy early goals Adapt and survive Budget tips for veterans Passive barriers Talking to your partner Automation Values and goals Annual budget […]

screenshot of template budget google sheets

You can open the Google Sheets budget template we created and make a copy to use yourself. This template is flexible and can be used with a variety of styles of budgeting. We tend to prefer starting with zero-based budgeting, but we don’t think it’s necessarily the best form of budget to carry forever. The […]

If you’re not sure what Monte Carlo is, please checkout our explanation in part one. Otherwise, please proceed after downloading the simple Excel template this article explains.   This model is intended more as a vehicle for understanding the ins and outs of how it works and less as a ready made retirement calculator. Please […]

We want to offer a conceptual understanding here of Monte Carlo simulations so that you know why someone might use them and how you should feel about them when receiving decision making advice based on this type of model. Why should you care about Monte Carlo simulations? If you’re involved in finance, retirement planning, project […]

The normal distribution

If you’re looking for an explanation of Monte Carlo please take a look at our breakdown of the method before this piece. If you want a very simple Excel model, start with our bare bones version to improve your understanding. If you’re here for a strong Monte Carlo simulation tool for retirement spending then you’re […]