Monthly Household Budget

https://www.vertex42.com/ExcelTemplates/monthly-household-budget.html © 2008-2020 Vertex42 LLC

INCOME Budget Actual Difference [42]BUDGET SUMMARY Budget Actual Difference

Wages & Tips 2,000.00 2,000.00 - Total Income 2,000.00 2,000.00 0.00
Interest Income - Total Expenses 1,345.00 1,486.00 (141.00)
Dividends - NET 655.00 514.00 (141.00)
Gifts Received -
Refunds/Reimbursements -
Transfer from Savings -
Other -
Other -
Total INCOME 2,000.00 2,000.00 -

HOME EXPENSES Budget Actual Difference SAVINGS Budget Actual Difference

Mortgage/Rent 1,100.00 1,100.00 - Emergency Fund -
Electricity 50.00 67.00 (17.00) Car Replacement Fund -
Gas/Oil 43.00 52.00 (9.00) Retirement Fund -
Water/Sewer/Trash 7.00 7.00 - Investments -
Phone 25.00 25.00 - Education Fund -
Cable/Satellite 35.00 35.00 - Other -
Internet 15.00 15.00 - Other -
Furnishings/Appliances 0.00 150.00 (150.00) Total SAVINGS 0.00 0.00 -
Lawn/Garden 0.00 0.00 -
Home Supplies 20.00 15.00 5.00 OBLIGATIONS Budget Actual Difference
Maintenance 50.00 20.00 30.00 Student Loans -
Improvements 0.00 0.00 - Credit Card Debt -
Other 0.00 0.00 - Other Loans -
Total HOME EXPENSES 1,345.00 1,486.00 (141.00) Alimony/Child Support -
Federal Taxes -
DAILY LIVING Budget Actual Difference State/Local Taxes -
Groceries - Legal Fees -
Personal Supplies - Other -
Clothing - Other -
Cleaning Services - Total OBLIGATIONS 0.00 0.00 -
Dining/Eating Out -
Dry Cleaning - BUSINESS EXPENSE Budget Actual Difference
Salon/Barber - Deductible Expenses -
Discretionary [Name 1] - Non-Deductible Expenses -
Discretionary [Name 2] - Other -
Other - Other -
Total DAILY LIVING 0.00 0.00 - Other -
Total BUSINESS EXPENSE 0.00 0.00 -
CHILDREN Budget Actual Difference
Medical - ENTERTAINMENT Budget Actual Difference
Clothing - Activities -
School Tuition - Books -
School Lunch - Games -
School Supplies - Fun Stuff -
Babysitting - Hobbies -
Toys/Games - Media -
Other - Outdoor Recreation -
Total CHILDREN 0.00 0.00 - Sports -
Toys/Gadgets -
TRANSPORTATION Budget Actual Difference Vacation/Travel -
Vehicle Payments - Other -
Fuel - Total ENTERTAINMENT 0.00 0.00 -
Bus/Taxi/Train Fare - {42}

Repairs - PETS Budget Actual Difference

Registration/License - Food -
Other - Medical -
Total TRANSPORTATION 0.00 0.00 - Toys/Supplies -
 Other -
HEALTH Budget Actual Difference Total PETS 0.00 0.00 -
Doctor/Dentist -
Medicine/Drugs - SUBSCRIPTIONS Budget Actual Difference
Health Club Dues - Newspaper -
Emergency - Magazines -
Other - Dues -
Total HEALTH 0.00 0.00 - Club Memberships -
[42] Other -
INSURANCE Budget Actual Difference Total SUBSCRIPTIONS 0.00 0.00 -
Auto -
Health - VACATION Budget Actual Difference
Home/Rental - Travel -
Life - Lodging -
Other - Food -
Total INSURANCE 0.00 0.00 - Rental Car -
Entertainment -
EDUCATION Budget Actual Difference Other -
Music Lessons - Total VACATION 0.00 0.00 -
Tuition -
Other - MISCELLANEOUS Budget Actual Difference
Total EDUCATION 0.00 0.00 - [42] Bank Fees -
Postage -
CHARITY/GIFTS Budget Actual Difference Other -
Gifts Given - Other -
Charitable Donations - Other -
Religious Donations - Other -
Other - Other -
Total CHARITY/GIFTS 0.00 0.00 - Total MISCELLANEOUS 0.00 0.00 -
HELP
https://www.vertex42.com/ExcelTemplates/monthly-household-budget.html © 2008-2020 Vertex42 LLC

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 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.

Related Templates and Resources

► Income and Expense Worksheet

► Money Management Template

► How to Make a Budget with a Spreadsheet

► 12 Principles of Personal Finance

 Remaining
Income Savings Trip (SG) MFs
Amount
75000 29166.67 10000 18000 6108.3333333

Loans Amma
22000 20000

Household
Expenses
Didi 2500
Milk 625
Electricity 1000
Vehicle 1600
Miscellaneous 4000
Total 9725
Monthly Household Budget

By Vertex42.com
https://www.vertex42.com/ExcelTemplates/monthly-household-budget.html

© 2008-2020 Vertex42 LLC

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