creating a budgeting plan for your household can feel overwhelming and hard, but excel can help you get organized and on track with a variety of free and premium budgeting templates. money in excel can help you take control of your finances. it’s the only template that securely connects to your financial institutions to import and sync accounts into an excel spreadsheet. note: money in excel is a premium template available as part of a microsoft 365 personal or family subscription and is currently only available in the united states. this excel template can help you track your monthly budget by income and expenses. tip: track monthly expenses utilities, credit cards, and insurance are billed monthly, so the easiest way to keep an eye on expenses is to determine how much you spend on a monthly basis. beyond your electric bill, do you have a movie or game subscription? tip: pay attention to variable expenses while gas and phone bills generally don’t vary in amount month over month, other expenses, such as dining out or clothes shopping, can vary wildly.
now that you have an overall idea of monthly expenses, it’s time to categorize them so you can review your fixed, variable, and discretionary expenses. you can capture all of these in a “fixed expenses” category. tip: variable expenses you can’t do without variable expenses, but they can fluctuate from month to month. discretionary expenses can vary wildly from one month to the next. once you have a good idea of how much money is coming in versus what you’re spending, you can start prioritizing for your short and long term goals. are your cabinets getting shabby? remember to include these expenses as you look at your financial goals. tip: keep your wedding options open consistent review of your finances helps you figure out if you’ve saved enough to purchase an item that’s essential or just “nice to have.” but, you can also include a certain amount in your monthly budget for fun and entertainment – a variable expense you certainly might want to track while attending college.
if you prefer to create a budget for the entire year, use our family budget planner. for budget worksheets that cater to individuals rather than households, try the yearly personal budget spreadsheet or the personal monthly budget template. you’ll want to replace the values in the home expenses category with your own. you may also want to read the article “how to budget”. the purpose of this worksheet is to help you compare your monthly budget with your actual income and expenses.
at the end of the month, you record in the “actual” column how much you really spent during the month. 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. adding or removing categories: the household budget template contains a very detailed list of categories, which you may or may not need. if you’ve found our household budget template useful, you are welcome to share it with others by referring them to this page using the following url:
work out a proposed household budget by inputting your sources of income and projected expenses into kiplinger’s exclusive worksheet below. manage money in excel. control your household budget with excel budget templates. track monthly budgets by income and expenses to set financial goals. download a free household budget worksheet. compare actual and estimated household expenses with this monthly household budget spreadsheet., free household budget worksheet excel, free household budget worksheet excel, free household budget worksheet pdf, household budget template excel, list of household expenses template.
keep track of multiple incomes, monthly expenses, and cash flow with a home budget template. budget household bills for your family and track your overall track monthly income and household budget expenses with a monthly household budget template from excel. track spending by comparing projected costs against save yourself the hassle of setting up rows, columns and formulas by using a pre-made excel template from office. templates include a household expense, free household budget template, family budget worksheet. how do i make a home expense spreadsheet? what is the 50 20 30 budget rule? how do i create a monthly household budget? how do i create a monthly expense spreadsheet?
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