Personal Monthly Budget

2008-2014 Vertex42 LLC

http://www.vertex42.com/ExcelTemplates/personal-monthly-budget.html
INCOME
Wages & Tips

Budget

2,000.00

Actual

2,000.00

Difference [42]BUDGET SUMMARY

Interest Income

Dividends
Gifts Received
Refunds/Reimbursements
Transfer from Savings
Other
Other
Total INCOME

2,000.00

2,000.00

Budget

Actual

1,100.00
50.00
43.00
7.00
25.00
35.00
15.00
0.00
0.00
20.00
50.00
0.00
0.00
1,345.00

1,100.00
67.00
52.00
7.00
25.00
35.00
15.00
150.00
0.00
15.00
20.00
0.00
0.00
1,486.00

TRANSPORTATION
Vehicle Payments
Auto Insurance
Fuel
Bus/Taxi/Train Fare
Repairs
Registration/License
Other
Total TRANSPORTATION

Budget

Actual

HEALTH
Health Insurance
Doctor/Dentist
Medicine/Drugs
Health Club Dues
Life Insurance
Veterinarian/Pet Care
Other
Total HEALTH

Budget

CHARITY/GIFTS
Gifts Given
Charitable Donations
Religious Donations
Other
Total CHARITY/GIFTS

Budget

SUBSCRIPTIONS
Newspaper
Magazines
Dues/Memberships
Other
Total SUBSCRIPTIONS

Budget

HOME EXPENSES
Mortgage/Rent
Home/Rental Insurance
Electricity
Gas/Oil
Water/Sewer/Trash
Phone
Cable/Satellite
Internet
Furnishings/Appliances
Lawn/Garden
Maintenance/Supplies
Improvements
Other
Total HOME EXPENSES

0.00

0.00

0.00

0.00

0.00
Actual

0.00
Actual

0.00
Actual

0.00

Difference

(17.00)
(9.00)
(150.00)
5.00
30.00
(141.00)
Difference

Difference

Difference

Difference

Budget

Actual

Difference

Total Income
Total Expenses

2,000.00

2,000.00

1,345.00

1,486.00

(141.00)

NET

655.00

514.00

(141.00)

DAILY LIVING
Groceries
Personal Supplies
Clothing
Cleaning
Education/Lessons
Dining/Eating Out
Salon/Barber
Pet Food
Other
Total DAILY LIVING

Budget

ENTERTAINMENT
Videos/DVDs
Music
Games
Rentals
Movies/Theater
Concerts/Plays
Books
Hobbies
Film/Photos
Sports
Outdoor Recreation
Toys/Gadgets
Vacation/Travel
Other
Total ENTERTAINMENT

Budget

SAVINGS
Emergency Fund
Transfer to Savings
Retirement (401k, IRA)
Investments
Education
Other
Total SAVINGS

Budget

OBLIGATIONS
Student Loan
Other Loan
Credit Cards
Alimony/Child Support
Federal Taxes
State/Local Taxes
Other
Total OBLIGATIONS

Budget

MISCELLANEOUS
Bank Fees
Postage
Other
Other
Total MISCELLANEOUS

Budget

0.00

0.00

0.00

0.00

0.00

Actual

0.00
Actual

0.00
Actual

0.00
Actual

0.00
Actual

0.00

0.00

Difference

Difference

Difference

Difference

Difference

HELP
http://www.vertex42.com/ExcelTemplates/personal-monthly-budget.html

Intro
The purpose of this template is to help you define a monthly budget
and compare your budget to your actual income and expenses.
This worksheet uses a separate Excel Table for each major Budget
category. This allows you to insert and delete sub-categories easily.

Step 1

Update Budget Categories

You can modify the sub-categories within each table, but if you
remove an entire major category, then you will need to modify the
formulas in the Budget Summary table.

Step 2

Enter Budget Amounts

Enter values in the Budget column within each table.
If you are not sure how to set up your budget, read the article "How to
Make a Budget with a Spreadsheet" listed below.

Step 3

Enter Actual Amounts

You can either update the worksheet throughout the month, or wait
until the end of the month to enter the actual income and expenses.

Difference Column
The cells in the Difference column use conditional formatting to make
negative numbers red. If you spend more than you budgeted, the
Difference between the Projected and Actual values will be negative,
and if your Actual income is less than your Projected income, the
Difference will be a negative number.
Budget Summary
The Monthly Budget Summary table totals up all your income and
expenses and calculates the Net as Income minus Expenses. If your
Net is negative, that means you have overspent your monthly budget.

Taking the Next Step

This worksheet is a simple way to create a monthly budget, but when
you are ready to move on to a more advanced budgeting tool, try our
Money Management Template listed below.

2014 Vertex42 LLC

REFERENCES & RESOURCES

TEMPLATE
TIPS

Vertex42.com: Money Management Template

Vertex42.com: Spreadsheet Tips Workbook

ARTICLE

Vertex42.com: How to Make a Budget with a Spreadsheet

ARTICLE

Vertex42.com: Budgeting Tips

Personal Monthly Budget

By Vertex42.com
http://www.vertex42.com/ExcelTemplates/personal-monthly-budget.html

2008-2014 Vertex42 LLC

This spreadsheet, including all worksheets and associated content is
considered a copyrighted work under the United States and other
copyright laws.
Do not submit copies or modifications of this template to any website or
online template gallery.
Please review the following license agreement to learn how you may or
may not use this template. Thank you.
See License Agreement
http://www.vertex42.com/licensing/EULA_privateuse.html
Do not delete this worksheet. If necessary, you may hide it by right-clicking on
the tab and selecting Hide.