Family Budget Planner

by Vertex42.com 2011 Vertex42 LLC 575 800

Beginning Spending Balance Beginning Savings Balance

[42]

[42]

Summary
Total Income Total Expenses NET (Income - Expenses) Adjustment to Savings Spending Balance Savings Balance
Negative NET

Jan
2,900 1,950 950 1,525 1,350

Feb
2,900 1,950 950 2,475 1,900
Positive NET

Mar
2,900 1,950 950 3,425 2,450

Apr
2,900 1,950 950 4,375 3,000

May
2,900 1,950 950 5,325 3,550

Jun
2,900 1,950 950 6,275 4,350

Jul
2,900 1,950 950 7,225 4,900

Aug
2,900 1,950 950 8,175 5,450

Sep
2,900 1,950 950 9,125 6,000

Oct
2,900 1,950 950 10,075 6,800

Nov
2,900 1,950 950 11,025 7,200

Dec
2,900 1,950 950 11,975 7,850

Total
34,800 23,400 11,400 0

Avg
2,900 1,950 950 0

Spending Balance

Savings Balance

14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

9,000 8,000 7,000 6,000 5,000 4,000 3,000

2,000
1,000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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

Jan
2,900

Feb
2,900

Mar
2,900

Apr
2,900

May
2,900

Jun
2,900

Jul
2,900

Aug
2,900

Sep
2,900

Oct
2,900

Nov
2,900

Dec
2,900

Total
34,800 0 0 0 0 0 0

Avg
2,900 0 0 0 0 0 0 2,900

2,900

2,900

2,900

2,900

2,900

2,900

2,900

2,900

2,900

2,900

2,900

2,900

34,800

SAVINGS EXPENSE
To Savings Account To Emergency Fund To Retirement (401k, IRA)

Jan
400 150

Feb
400 150

Mar
400 150

Apr
400 150

May
400 150

Jun
400 150 200

Jul
400 150

Aug
400 150

Sep
400 150

Oct
400 150 200

Nov
400

Dec
400 200

Total
4,800 1,500 600

Avg
400 125 50

To Investments To College Savings Other Total SAVINGS EXPENSE % of Total Expenses 550 28.2% 550 28.2% 550 28.2% 550 28.2% 550 28.2% 800 41.0% 550 28.2% 550 28.2% 550 28.2% 800 41.0% 400 20.5% 650 33.3% 50 50 50

0 150 0 7,050 30.1%

0 13 0 588 30.1%

HOME EXPENSES
Mortgage/Rent Electricity Gas/Oil Water/Sewer/Trash Phone Cable/Satellite Internet Furnishings/Appliances Lawn/Garden Home Supplies Maintenance Improvements Other Total HOME EXPENSES % of Total Expenses

Jan
1,250 400 0 50

Feb
1,250 400 0 50

Mar
1,250 400 0 50

Apr
1,250 400 0 50

May
1,250 400 0 50

Jun
1,250 400 0 50

Jul
1,250 400 0 50

Aug
1,250 400 0 50

Sep
1,250 400 0 50

Oct
1,250 400 0 50

Nov
1,250 400 0 50

Dec
1,250 400 0 50

Total
15,000 4,800 0 0 600 0 0 0 0 0 0 0 0

Avg
1,250 400 0 0 50 0 0 0 0 0 0 0 0 1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

1,700 87.2%

20,400 87.2%

DAILY LIVING
Groceries Personal Supplies Clothing Cleaning Services Dining/Eating Out Dry Cleaning Salon/Barber Discretionary [Name 1] Discretionary [Name 2] Other Total DAILY LIVING % of Total Expenses

Jan
150

Feb
150

Mar
150

Apr
150

May
150

Jun
150

Jul
150

Aug
150

Sep
150

Oct
150

Nov
150

Dec
150

Total
1,800 0 0 0

Avg
150 0 0 0 150 0 40 0 0 0 340 17.4%

150 40

150 40

150 40

150 40

150 40

150 40

150 40

150 40

150 40

150 40

150 40

150 40

1,800 0 480 0 0 0

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

340 17.4%

4,080 17.4%

CHILDREN
Medical Clothing School Tuition School Lunch School Supplies

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
0 0 0 0 0

Babysitting Toys/Games Other Total CHILDREN % of Total 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 0.0%

0 0 0 0 0.0%

TRANSPORTATION
Vehicle Payments Fuel Bus/Taxi/Train Fare Repairs Registration/License Other Total TRANSPORTATION % of Total Expenses

Jan
100 200

Feb
100 200

Mar
100 200

Apr
100 200

May
100 200

Jun
100 200

Jul
100 200

Aug
100 200

Sep
100 200

Oct
100 200

Nov
100 200

Dec
100 200

Total
1,200 2,400 0 0 0

Avg
100 200 0 0 0 30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

30 330 16.9%

360 3,960 16.9%

HEALTH
Doctor/Dentist Medicine/Drugs Health Club Dues Emergency Other Total HEALTH % of Total Expenses

Jan
300

Feb
300

Mar
300

Apr
300

May
300

Jun
300

Jul
300

Aug
300

Sep
300

Oct
300

Nov
300

Dec
300

Total
3,600 0 0 0 0

Avg
300 0 0 0 0 300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

300 15.4%

3,600 15.4%

INSURANCE
Auto Health Home/Rental Life Other Total INSURANCE % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0

Avg
0 0 0 200 0 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

200 200 10.3%

2,400 0 2,400 10.3%

EDUCATION
Tuition Books Music Lessons Other Total EDUCATION % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0

Avg
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 0.0%

0 0.0%

CHARITY/GIFTS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Avg

Gifts Given Charitable Donations Religious Donations Other Total CHARITY/GIFTS % of Total 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 0 0.0%

0 0 0 0 0 0.0%

OBLIGATIONS
Student Loan Other Loan Credit Card #1 Credit Card #2 Credit Card #3 Alimony/Child Support Federal Taxes State/Local Taxes Legal Fees Other Total OBLIGATIONS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0 0 0 0 0 0

Avg
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 0.0%

0 0.0%

0 0.0%

0 0.0%

BUSINESS EXPENSE
Deductible Expenses Non-Deductible Expenses Other Other Total BUSINESS EXPENSE % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0

Avg
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 0.0%

0 0.0%

ENTERTAINMENT
Videos/DVDs Music Games Rentals Movies/Theater Concerts/Plays Books Hobbies Film/Photos Sports Outdoor Recreation Toys/Gadgets Other

Jan
60

Feb
60

Mar
60

Apr
60

May
60

Jun
60

Jul
60

Aug
60

Sep
60

Oct
60

Nov
60

Dec
60

Total
720 0 0 0

Avg
60 0 0 0 28 0 0 0 0 0 0 0 0

30

30

30

30

30

30

30

30

30

30

30

330 0 0 0 0 0 0 0 0

Total ENTERTAINMENT % of Total Expenses

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

90 4.6%

60 3.1%

1,050 4.5%
{42}

88 4.5%

PETS
Food Medical Toys/Supplies Other Total PETS % of Total Expenses

Jan
100

Feb
100

Mar
100

Apr
100

May
100

Jun
100

Jul
100

Aug
100

Sep
100

Oct
100

Nov
100

Dec
100

Total
1,200 0 0 0

Avg
100 0 0 0 100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

100 5.1%

1,200 5.1%

SUBSCRIPTIONS
Newspaper Magazines Dues Club Memberships Other Total SUBSCRIPTIONS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
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%

0 0.0%

0 0.0%

VACATION
Travel Lodging Food Rental Car Entertainment Other Total VACATION % of Total Expenses [42]

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0 0

Avg
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 0.0%

0 0.0%

0 0.0%

MISCELLANEOUS
Bank Fees Postage Other Other Other Total MISCELLANEOUS % of Total Expenses

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total
0 0 0 0 0

Avg
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%

0 0.0%

0 0.0%

Help
http://www.vertex42.com/ExcelTemplates/family-budget-planner.html

Intro
Step 1:

Step 2:

Step 3:

Fixed and Variable Expenses

Transfers To/From Savings

Adjustments to Savings

Step 4:

2011 Vertex42 LLC. All rights reserved.

http://www.vertex42.com/ExcelTemplates/family-budget-planner.html

This budget spreadsheet is designed to help you create a budget for an entire year. Doing this can help you make predictions about your future finances. Define Budget Categories Edit the existing income and expense categories by changing the labels in the first column as needed, but do not remove the "Transfer from Savings" category in the Income table. If you add or remove a major category, you will need to edit the formulas in the Summary table (particularly the Total Expenses formula). If you need to add or insert rows/subcategories, make sure the Total and Average formulas are copied. Enter Your Beginning Balance Add the balances in your spending accounts (cash, checking) to come up with your beginning spending balance. Add the balances in your savings accounts and enter that sum as your beginning savings balance. If you wish to start with a month other than January, you can edit the column labels as needed. If you change the labels in the Summary table, the labels in the other tables will update automatically. Define Your Budget Using income and expense data from past receipts, balance statements, bills, pay stubs, and other information that you know about the coming year, fill in the budget amounts for each of the categories you have defined. Fixed and Variable Expenses For fixed expenses, such as rent or mortgage payments, enter the same amount in each month. For variable expenses such as utility bills, groceries, and birthday gifts, you can enter the estimated amounts in the months that they occur. Or, you can enter an estimated monthly average. Transfers To/From Savings

This template treats transfers TO savings as expenses, and transfers FROM savings as income. This makes sense if you think of an "expense" as money leaving your spending accounts and "income" as money entering your spending Adjustments to Savings Except for transfers to/from savings, this spreadsheet does not track changes to your savings accounts such as payments made directly from savings, interest earned, or gains/losses in investments. If you want the Savings Balance to reflect these types of changes, then use the Adjustments to Savings row in the Summary table. Analyze Your Budget Ideally, you want your Savings Balance to be increasing over time and you want to maintain a comfortable cushion in your Spending Balance. If you are noticing a consistent positive NET (a good thing), then you may want to allocate more towards savings. If you see a consistent negative NET, then you may need to make some budget cuts. Use the "% of Total Expenses" under each major expense category to help you determine where your money is going.

2011 Vertex42 LLC. All rights reserved.