Most of us want to create a budget to monitor our spending and save money. However, to formulate a budget, we need a template. A Budget Worksheet can help you keep tabs on your monthly earnings versus your monthly expenditure with precision. It is sensible to use a monthly budget template to handle your finances and identify where your money is flowing every month.
Preparing a monthly budget template
You can make a monthly budget template in a printable manner with paper and pencil or electronically with a Microsoft Excel spreadsheet.
The monthly budget template is the commonest form of budget templates. You can pick from a simple printable PDF budget or an Excel budget template. This budget sheet is available free of cost.
You can use this household budget template printable to promptly and simply formulate how much you should spend every month. These templates are also useful to keep a track on your savings for the future.
Using a monthly budget template
Using a monthly budgeting template is simple. Initially, you need to collect your pay stubs and input your monthly earnings. Subsequently, fetch receipts and bills for a month. You need to input monthly figures in the relevant categories, counting on any amount that varies every month.
After inputting all the figures in this simple budget template, the spreadsheet will let you know the amount that will be left with you for savings or repaying debt. Besides, this budgeting template will inform you about your proximity to reaching a model budget.
This budget template free for preparing model budgets is often used by lenders and banking institutions to ascertain your financial balance. Additionally, it is equally important for college students to manage their own finances.
Downloading monthly budget templates
You can download free printable budget templates for Google Docs and Excel.
Free budget spreadsheet Excel 97-2003 or 2007
This free budget template in the form of Excel 97-2003 or 2007 automatically figures out the amount left with you for expenditure in your monthly budget categories. You just need to enter your expenditures on a calendar-like grid.
The Monthly Budget Summary table on the upper right corner of the excel sheet aggregates all the incomes and expenditures. It computes your Net as income fewer expenditures. If the Net becomes negative, that signifies you have overdone your monthly budget.
Free printable budget sheets – PDF
There might be a situation that you don’t have sufficient time to spend with your budget. A quick chart might come in handy to scribble down how much you are going to spend every month. You can use an extremely easy one-page spreadsheet or a Budget Worksheet to fulfil your needs. You can download this free printable personal budget template as a PDF.
A monthly budget template helps you compare your budget and your real-time expenses every month. This is an ideal technique to get your finances in control. Besides, you can check out a yearly personal budget for devising a budget for the whole year. Family persons can use a family budget spreadsheet for a more elaborate collection of budget categories.
You can print a Budget Worksheet in portrait orientation on one page. The gap between your monthly income and actual expenditure is worked out and arranged to simplify and locate where you might be squandering.