About This Model
This personal or household budget model lets you estimate your income and expenses for the year ahead, and then enables you to enter actual results when they are known, to see how they compare to this budget.
First click the CLICK TO DISPLAY MODEL button above and then fill in as many of the yellow shaded cells as apply to you. Click the + symbols to reveal more detail. If you LOGIN to Sumwise you’ll be able to save a copy of your model and come back to it later. You may want to enter actual income and expense results in the “Actuals” column later, and see how this compares to your budget.
Sumwise is a new type of online spreadsheet designed specifically for financial modeling. Current spreadsheet technologies (like Excel and Google Docs) are powerful and flexible, but they are also unstructured and error prone. And spreadsheets, once built, are not easy to modify or extend.
Sumwise addresses all of these problems with clever features like: user defined row and column names; rows and columns that can be tagged with meaningful keywords; and cell groups that share a common formula and formatting across a range a related cells.
Sumwise was invented and developed by a small dedicated team of software developers and spreadsheet experts in Sydney, Australia. If you’re interested in learning more please visit our website or send us an email.