A person can create a time-phased budget by charting a certain period of time and then allocating resources to that specific period, states 4castplus. This type of budgeting allows individuals and organizations to better understand resource expenditures during particular periods, or phases.Know More
The basic format for a time-phased budget is to list time periods in the first row and specific resources in the first column, notes 4castplus. Typically, resources are items expended as part of the project or goal. For instance, a person may use time-phase budgeting to allocate hours spent throughout the day. Moreover, businesses may use time-phased budgeting to track costs over particular time periods.
Managers use time-phased budgeting to assess performance, according to Project Insight. Under this approach, time intervals are labeled in the first row, whereas the specific employee is labeled in the first column. The resources utilized by the employee are then entered in the intersecting row and column. A manager can track employee progress with this type of chart. However, it is important to consider the concept of a cost baseline when using a time-phased budget. This baseline represents the total cost allocated over a specific time period and should not be altered unless the scope of the specific project changes, notes Project Insight.Learn more about Financial Planning
Visiting legal assistance websites such as LawDepot and Rocket Lawyer allow people to create and print customized living will and last will and testament forms for free. These websites customize the forms to conform with the laws in the different states, according to LawDepot.Full Answer >
You can create a living will by getting a state form and filling it out, declaring your wishes regarding the details of your care in case you are incapacitated and cannot speak for yourself, states Nolo.com. You can request specific medical care of treatments you want and don't want.Full Answer >
According to money.CNN.com, two of the best online sites for retirement planning are AARP.org and the United States Government site MyMoney.gov. Since AARP (formerly the Association for Advancement of Retired People) is an organization devoted to retirement-aged people, their website is a top-rated resource.Full Answer >
Using and Excel worksheet, a person can create a monthly budget by creating a layout with the months listed in individual cells along one row of the spreadsheet leaving the first column blank. He can then add headings for income, salary, benefits, pension and total on the blank column.Full Answer >