Family Budget Planner A yearly budget planner, with the same categories as the household budget spreadsheet.Household Budget Spreadsheet (monthly) - More detailed and includes child expenses.

Personal Budget Spreadsheet The 12-month version of the above spreadsheet.

Money Manger - A more advanced budget management tool for Excel.

After making a change, you should check the formulas to make sure they are still correct. If your Net is negative, that means you have overspent your monthly budget.Īdding or Removing categories: You need to be careful when adding or removing categories, to avoid messing up the formulas used for calculating the totals. The Monthly Budget Summary table in the upper right of the worksheet totals up all your income and expenses and calculates your Net as Income minus Expenses. Below are some example categories of expenses and estimated costs as well as an overview of each expense that could be added to a spreadsheet. So, if you spend more than you budgeted for, the value in the Difference column will be red - to help it stand out as a warning. With that, I’ve created a sample budget below based on a 46,000 annual post-tax salary to help you visualize a starting point for your budget. The spreadsheet uses the accounting format where negative numbers are in parenthesis like (115.00), and conditional formatting is used to make the negative numbers red - red means bad in this case. The calculations in the 'Difference' column are set up so that negative numbers are bad. Using the Personal Monthly Budget Template At the opposite end of the scale, families living in New York will need a heftier 88,056 to handle housing costs of 17,896 and food costs of 10,245. See our articles Make a Budget and 5 Basic Budgeting Tips if you are just getting started or new to budgeting. If you live in Mississippi, then you could expect to get by on an annual salary of just 54,933, based on estimated housing costs of 9,009 and food costs of 8,822. At the end of the month, you record in the 'Actual' column how much you really spent during the month.įor a more detailed set of budget categories, see the Household Budget worksheet. This represents your goal - you're trying to keep from spending more than this amount. You record your desired budget for each category in the 'Budget' column. The purpose of this type of budget worksheet is to compare your monthly budget with your actual income and expenses.

Some numbers are included in the Home Expenses category as an example, but you'll want to replace those numbers with your own. Its cheaper You can start with little or now money, and even while you. Although starting a business on your own can be challenging, being a solopreneur has huge benefits: Keep things simple It’s just you starting out with no dependants, no complexity. To use this template, just fill in numbers that are highlighted with a light-blue background (the Budget and Actual columns). Starting a one-person business is one of the biggest trends of 2024 and beyond.

Single person usa budget sample