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Family Budget Planner

by Vertex42.com 2011 Vertex42 LLC 575 800

Beginning Spending Balance Beginning Savings Balance

[42]

[42]

Summary
Total Income Total Expenses NET (Income - Expenses) Adjustment to Savings Spending Balance Savings Balance
Negative NET

Jan
2,100 1,975 125 700 950

Feb
2,100 2,155 (55) 645 1,100

Mar
2,100 2,015 85 730 1,250

Apr
2,100 2,035 65 795 1,400

May
2,100 1,885 215 1,010 1,550

Jun
2,100 2,240 (140) 870 1,950

Jul
2,100 2,050 50 920 2,100

Aug
2,100 1,950 150 1,070 2,250

Sep
2,100 1,991 109 1,179 2,400

Oct
2,100 2,125 (25) 1,154 2,800

Nov
2,100 2,065 35 1,189 2,950

Dec
2,100 2,335 (235) 954 3,350

Total
25,200 24,821 379 0

Avg
2,100 2,068 32 0

Positive NET

Spending Balance

Savings Balance

1,400 1,200 1,000 800 600 400 200 0 -200 -400 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

4,000 3,500

3,000
2,500 2,000 1,500

1,000
500 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

INCOME
Wages & Tips Interest Income Dividends Gifts Received Refunds/Reimbursements Other Transfer From Savings Total INCOME

Jan
2,100

Feb
2,100

Mar
2,100

Apr
2,100

May
2,100

Jun
2,100

Jul
2,100

Aug
2,100

Sep
2,100

Oct
2,100

Nov
2,100

Dec
2,100

Total
25,200 0 0 0 0 0 0

Avg
2,100 0 0 0 0 0 0 2,100

2,100

2,100

2,100

2,100

2,100

2,100

2,100

2,100

2,100

2,100

2,100

2,100

25,200

SAVINGS EXPENSE
To Savings Account To Emergency Fund To Retirement (401k, IRA)

Jan
150

Feb
150

Mar
150

Apr
150

May
150

Jun
150 200

Jul
150

Aug
150

Sep
150

Oct
150 200

Nov
150

Dec
150 200

Total
300 1,500 600

Avg
25 125 50

To Investments To College Savings Other Total SAVINGS EXPENSE % of Total Expenses 150 7.6% 150 7.0% 150 7.4% 150 7.4% 150 8.0% 400 17.9% 150 7.3% 150 7.7% 150 7.5% 400 18.8% 150 7.3% 400 17.1% 50 50 50

0 150 0 2,550 10.3%

0 13 0 213 10.3%

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

Jan
1,250 50 200 95

Feb
1,250 45 185 95

Mar
1,250 45 150 95

Apr
1,250 50 90 95

May
1,250 60 50 95

Jun
1,250 100 45 95

Jul
1,250 150 30 95

Aug
1,250 175 30 95

Sep
1,250 140 56 95

Oct
1,250 70 80 95

Nov
1,250 50 120 95

Dec
1,250 50 190 95

Total
15,000 985 1,226 0 1,140 0 0 0 0 0 0 0 0

Avg
1,250 82 102 0 95 0 0 0 0 0 0 0 0 1,529 73.9%

1,595 80.8%

1,575 73.1%

1,540 76.4%

1,485 73.0%

1,455 77.2%

1,490 66.5%

1,525 74.4%

1,550 79.5%

1,541 77.4%

1,495 70.4%

1,515 73.4%

1,585 67.9%

18,351 73.9%

DAILY LIVING
Groceries Personal Supplies Clothing Cleaning Services Dining/Eating Out Dry Cleaning Salon/Barber Discretionary [Name 1] Discretionary [Name 2] Other Total DAILY LIVING % of Total Expenses

Jan
230

Feb
430

Mar
325

Apr
400

May
280

Jun
350

Jul
375

Aug
250

Sep
300

Oct
230

Nov
400

Dec
350

Total
3,920 0 0 0 0 0 0 0 0 0

Avg
327 0 0 0 0 0 0 0 0 0 327 15.8%

230 11.6%

430 20.0%

325 16.1%

400 19.7%

280 14.9%

350 15.6%

375 18.3%

250 12.8%

300 15.1%

230 10.8%

400 19.4%

350 15.0%

3,920 15.8%

CHILDREN
Medical Clothing School Tuition School Lunch School Supplies

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
0 0 0 0 0

Babysitting Toys/Games Other Total CHILDREN % of Total Expenses 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0%

0 0 0 0 0.0%

0 0 0 0 0.0%

TRANSPORTATION
Vehicle Payments Fuel Bus/Taxi/Train Fare Repairs Registration/License Other Total TRANSPORTATION % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0 0

Avg
0 0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

HEALTH
Doctor/Dentist Medicine/Drugs Health Club Dues Emergency Other Total HEALTH % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

INSURANCE
Auto Health Home/Rental Life Other Total INSURANCE % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

EDUCATION
Tuition Books Music Lessons Other Total EDUCATION % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0

Avg
0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

CHARITY/GIFTS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Avg

Gifts Given Charitable Donations Religious Donations Other Total CHARITY/GIFTS % of Total Expenses 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0%

0 0 0 0 0 0.0%

0 0 0 0 0 0.0%

OBLIGATIONS
Student Loan Other Loan Credit Card #1 Credit Card #2 Credit Card #3 Alimony/Child Support Federal Taxes State/Local Taxes Legal Fees Other Total OBLIGATIONS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0 0 0 0 0 0

Avg
0 0 0 0 0 0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

BUSINESS EXPENSE
Deductible Expenses Non-Deductible Expenses Other Other Total BUSINESS EXPENSE % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0

Avg
0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

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

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0 0 0 0 0 0 0 0 0

Avg
0 0 0 0 0 0 0 0 0 0 0 0 0

Total ENTERTAINMENT % of Total Expenses

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%
{42}

0 0.0%

PETS
Food Medical Toys/Supplies Other Total PETS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0

Avg
0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

SUBSCRIPTIONS
Newspaper Magazines Dues Club Memberships Other Total SUBSCRIPTIONS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

VACATION
Travel Lodging Food Rental Car Entertainment Other Total VACATION % of Total Expenses [42]

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0 0

Avg
0 0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

MISCELLANEOUS
Bank Fees Postage Other Other Other Total MISCELLANEOUS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
0 0 0 0 0 0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

0 0.0%

Help
http://www.vertex42.com/ExcelTemplates/family-budget-planner.html

Intro
Step 1:

Step 2:

Step 3:

Fixed and Variable Expenses

Transfers To/From Savings

Adjustments to Savings

Step 4:

2011 Vertex42 LLC. All rights reserved.

http://www.vertex42.com/ExcelTemplates/family-budget-planner.html

This budget spreadsheet is designed to help you create a budget for an entire year. Doing this can help you make predictions about your future finances. Define Budget Categories Edit the existing income and expense categories by changing the labels in the first column as needed, but do not remove the "Transfer from Savings" category in the Income table. If you add or remove a major category, you will need to edit the formulas in the Summary table (particularly the Total Expenses formula). If you need to add or insert rows/subcategories, make sure the Total and Average formulas are copied. Enter Your Beginning Balance Add the balances in your spending accounts (cash, checking) to come up with your beginning spending balance. Add the balances in your savings accounts and enter that sum as your beginning savings balance. If you wish to start with a month other than January, you can edit the column labels as needed. If you change the labels in the Summary table, the labels in the other tables will update automatically. Define Your Budget Using income and expense data from past receipts, balance statements, bills, pay stubs, and other information that you know about the coming year, fill in the budget amounts for each of the categories you have defined. Fixed and Variable Expenses For fixed expenses, such as rent or mortgage payments, enter the same amount in each month. For variable expenses such as utility bills, groceries, and birthday gifts, you can enter the estimated amounts in the months that they occur. Or, you can enter an estimated monthly average. Transfers To/From Savings

This template treats transfers TO savings as expenses, and transfers FROM savings as income. This makes sense if you think of an "expense" as money leaving your spending accounts and "income" as money entering your spending Adjustments to Savings Except for transfers to/from savings, this spreadsheet does not track changes to your savings accounts such as payments made directly from savings, interest earned, or gains/losses in investments. If you want the Savings Balance to reflect these types of changes, then use the Adjustments to Savings row in the Summary table. Analyze Your Budget Ideally, you want your Savings Balance to be increasing over time and you want to maintain a comfortable cushion in your Spending Balance. If you are noticing a consistent positive NET (a good thing), then you may want to allocate more towards savings. If you see a consistent negative NET, then you may need to make some budget cuts. Use the "% of Total Expenses" under each major expense category to help you determine where your money is going.

2011 Vertex42 LLC. All rights reserved.