The template contains your income details for each month. Then, during the present month, you can take note of the actual costs you have incurred for the same categories. In this way, you can assign a budget easily for specific expense categories. With the help of a personal budget template, they can split their income and expenses into categories.ĭownload Template (24 KB) The importance of monthly expenses template:Ī monthly expenses template assists you in assigning your budget for each month for different expenses. Furthermore, it gives them a bird’s eye view of their current financial situation. It helps them in planning how to spend their money.

7 Some tips and tricks for monthly budget:Ī monthly budget template is an effective tool that allows its users to compare their budgeted expenses and income to their actual expenses and income.

6.3 Helps in long-term financial goal planning.

6 Why should you use a monthly budget template?.

5.4 To calculate your total monthly income, make a cell with a formula.

5.1 Launch the spreadsheet software that you want.

5 How do you create a monthly expense spreadsheet?.

4.3 Use a budgeting monthly bills template.

4.1 Go through your statements of account.

4 How to keep track of monthly expenses?.

2 The importance of monthly expenses template:.

Most also work with Google Docs and Open Office. Note: All Practical Spreadsheets work with Microsoft Excel. If this spreadsheet does not meet your needs, consider aĬlick here to download our FREE Monthly Household Budget Spreadsheet Choose 'Open' to immediately open the template for editing, or choose 'Save' to save the template to a location on your computer. This will reserve 10% of your salary for things such as savings or unexpected expenses.Ĭlick on the below image or link to download the spreadsheet. When creating your budget, try to keep your total expenses less than 90% of your salary. Once you have your budget created, you can also use the spreadsheet to compare your actual income and expenses to your budget.Ĭreating a budget is an excellent way to reduce debt, analyze expenses, or plan for future purchases. The spreadsheet separates common expenses into fixed and variable. This FREE Monthly Household Budget Spreadsheet will help you create your own, personal budget.

Monthly income & expense worksheet