An annual budget template is a document specially used for prepare an estimation of one year. It is a tool for preparing a strategy to accomplish essential goals on preferable time. This document provides you an opportunity to get multiple benefits by manage your all expenditures as well as time. It is a balancing tool of income and expenses which helps to identify crucial expenditures and also helps to make necessary adjustments for accomplish financial goals of a whole year. People are worried about wastage of amount on useless activities, programs, functions, operations and activities. So, they generate a strategy of a year to prevent from any type of wastage. If you wish to get relaxation of a whole year then prepare an annual budget and get estimated cost of expenses for the whole year. It is a difficult task to define expenses of the complete year but you can get yearly value through finding monthly expenses. If you wish to run your own business and want to get loan from bank then your yearly cost consumption should also be considered.