Personal Monthly Budget

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

Budget

Actual

Difference

2008-2014 Vertex42 LLC

[42]BUDGET SUMMARY

Budget

Actual

Difference

Total Income

Err:509

Err:509

Interest Income

Total Expenses

Err:511

Err:508

(141.00)

Dividends

NET

655.00

514.00

(141.00)

Gifts Received
Refunds/Reimbursements

Transfer from Savings

Other

Wages & Tips

2,000.00

2,000.00

Other
Err:509
HOME EXPENSES
Mortgage/Rent

Err:508
Budget

Err:508
Actual

Err:508
Difference

1,100.00

1,100.00

Home/Rental Insurance
Electricity

50.00
43.00

67.00
52.00

Gas/Oil
Water/Sewer/Trash

7.00
25.00

7.00
25.00

Phone
Cable/Satellite

35.00
15.00

35.00
15.00

Internet
Furnishings/Appliances

0.00
0.00

150.00
0.00

(150.00)

Lawn/Garden
Maintenance/Supplies

20.00
50.00

15.00
20.00

5.00
30.00

0.00
0.00

0.00
0.00

Err:508

Err:508

(17.00)
(9.00)

DAILY LIVING
Groceries

Budget

Actual

0.00

Difference

Personal Supplies
Clothing

Cleaning
Education/Lessons
Dining/Eating Out

Salon/Barber
Pet Food

Other
Err:509
ENTERTAINMENT
Videos/DVDs
Music

Err:508
Budget

Err:508
Actual

Err:508
Difference

Games
Rentals

Movies/Theater
Concerts/Plays

Books
Hobbies
Film/Photos

Sports
Outdoor Recreation

Fuel
Bus/Taxi/Train Fare

Toys/Gadgets
Vacation/Travel

Repairs
Registration/License

Other

Improvements
Other
Err:509
TRANSPORTATION
Vehicle Payments
Auto Insurance

Budget

Actual

Other
Err:509
HEALTH
Health Insurance
Doctor/Dentist
Medicine/Drugs

Err:508
Budget

Err:508
Actual

Err:508
Difference

Err:508
Difference

Err:509
SAVINGS
Emergency Fund
Transfer to Savings

Budget

Retirement (401k, IRA)

Investments
Education

Health Club Dues

Life Insurance

Other

Veterinarian/Pet Care
Other

CHARITY/GIFTS
Gifts Given

Err:508
Budget

Err:508
Actual

Charitable Donations
Religious Donations
Other
Err:509
SUBSCRIPTIONS
Newspaper

Err:508
Budget

Err:508
Actual

Magazines
Dues/Memberships
Other
Err:509

Err:508

Err:508

Err:508

Err:508
Actual

Err:508
Difference

Err:509

Err:508

Err:509
OBLIGATIONS
Student Loan
Other Loan

Err:508
Budget

Err:508
Actual

Err:508
Difference

Credit Cards
Alimony/Child Support

Federal Taxes
State/Local Taxes

Difference

Err:508

Other
Err:509

MISCELLANEOUS
Bank Fees

Postage
Other

Difference

Err:508

Err:508
Budget

Err:508
Actual

Err:508
Difference

Other
Err:509

Err:508

Err:508

Err:508

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

2014 Vertex42 LLC

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.

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.