Managing costs for your building project

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Managing costs for your building project

In all of the excitement that comes from undertaking a large building renovation project for your home, one of the most important aspects often gets overlooked – the budget.

Most people won’t have an unlimited budget so they generally have an idea of how much they have available to spend on their project but won’t necessarily have spent time upfront understanding where the budget will be spent. This can often lead to making compromises further down the line when choosing some of the more important things!

Tracking and managing your spend doesn’t have to be difficult or time consuming and can be done simply using an excel spreadsheet. To help you with this, we have designed a simple, easy to use budget tracker that you can use to manage any building project. All you have to do is:

– Create your categories (or use ours)
– Allocate your budget to each of these categories
– Update the expenses tab as you progress

A screenshot of our tracker can be seen here – it provides a simple view of your budget and spend to date to help you make decisions of any adjustments or changes you need to make as the project progresses.

Screenshot of our building project budget calculator – Free to Download below

The remaining budget column seen here turns red if you have overspent on any particular category to help you to reallocate budgets from underspent categories.

To download your free budget tracker, simply complete the form below and we will send you an email link to download it.

Finally, GOOD LUCK with your building project!!

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