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Personal Budget

http://www.vertex42.com/ExcelTemplates/personal-budget-spreadsheet.html © 2008 Vertex42 LLC

Starting Balance Total Income Total Expenses NET (Income - Expenses) Projected End Balance

1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500

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0 0 0 1,500

Total
0 0 0

Avg
0 0 0

Monthly
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total Average

INCOME
Wages & Tips Interest Income Dividends Gifts Received Refunds/Reimbursements Transfer From Savings Other Other Total INCOME 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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

JAN Vehicle Payments Auto Insurance Fuel Bus/Taxi/Train Fare Repairs Registration/License Other Total TRANSPORTATION 0 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Average 0 0 0 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 Health Insurance Doctor/Dentist Medicine/Drugs Health Club Dues Life Insurance Veterinarian/Pet Care Other Total HEALTH 0 0 0 0 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 Gifts Given Charitable Donations Religious Donations Other Total CHARITY/GIFTS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DAILY LIVING Groceries Personal Supplies Clothing Cleaning Education/Lessons Dining/Eating Out Salon/Barber Pet Food Other Total DAILY LIVING 0 0 0 0 0 0 0 0 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 .

IRA) Investments Education Other Total SAVINGS 0 0 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 Debt Alimony/Child Support Federal Taxes State/Local Taxes Other Total OBLIGATIONS 0 0 0 0 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 0 0 .JAN Videos/DVDs Music Games Rentals Movies/Theater Concerts/Plays Books Hobbies Film/Photos Sports Outdoor Recreation Toys/Gadgets Vacation/Travel Other Total ENTERTAINMENT 0 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Average 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SAVINGS Emergency Fund Transfer to Savings Retirement (401k.

JAN Magazines Dues/Memberships Other Total SUBSCRIPTIONS 0 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Average 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 Total MISCELLANEOUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 .

1. Doing this will help you make predictions about where you may stand financially in the future. it is essential to plan for many months down the road. purchasing a home. but you should always insert a row ABOVE the last row in the group or BELOW the first row. to update the projections for the rest of the year. Modify the month headings as needed. . Include large lump payments in the months in which they will likely occur or use the approach of averaging the cost across each month. changing jobs.Help http://www. so that the formulas stretch to include the row you added. 2. enter an average fuel cost in Jan. or making other major life changes. If you are moving. such as deleting or inserting an entire row.html Instructions This personal budget spreadsheet is meant to help you create a budget for an entire year. you may want to overwrite the formula in the "Projected End Balance" with your actual balance. Edit/Create/Delete categories and subcategories Use row operations. When using the averaging approach. Enter your starting balance at the top of the worksheet. The subtotal formulas are set up to allow this type of editing without messing up the formulas. Verify that all of the subtotal formulas are correctly summing the correct cells 3.com/ExcelTemplates/personal-budget-spreadsheet. You can copy and paste cells as needed For example. to start with a different month 4. you might include the names of Birthdays in comments for the Gifts Given category Updating the Balance Each Month If your actual balance at the end of a month is substantially different than the projected balance. but make sure you have enough saved. If you use the lump payment approach. it may be easier to compare actual balances. Fill in the income and expenses for the year a. and copy it across through Dec b. consider that your actual balance may not reflect the predicted balance for the month. 5. c. For example. Add cell comments as needed to help explain costs.vertex42.