Family Budget Planner

Starting Balance
Total Income
Total Expenses
NET (Income - Expenses)
Projected End Balance

[42]

0
2,300

2,300

2,300

2,300

2,300

3,200

2,300

2,300

2,300

2,300

2,300

2,300

1,998

2,048

1,998

1,998

1,998

1,998

1,998

1,998

2,698

2,998

1,998

1,998

302

252

302

302

302

1,202

302

302

-398

-698

302

302

302

554

856

1,158

1,460

2,662

2,964

3,266

2,868

2,170

2,472

2,774

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
INCOME
Wages

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

Interest Income
Dividends
Gifts Received
Refunds/Reimbursements
Transfer From Savings
Bonus

900

Other
Other
Total INCOME

2,300

2,300

2,300

2,300

2,300

3,200

2,300

2,300

2,300

2,300

2,300

2,300

675

675

675

675

675

675

675

675

675

675

675

675

60

60

60

60

60

60

60

60

60

60

60

60

Water/Sewer/Trash

60

60

60

60

60

60

60

60

60

60

60

60

Phone

13

13

13

13

13

13

13

13

13

13

13

13

Cable/Satellite

30

30

30

30

30

30

30

30

30

30

30

30

838

838

838

838

838

838

838

838

838

838

838

838

150

150

150

150

150

150

150

150

150

150

150

150

11

11

11

11

11

11

11

11

11

11

11

11

HOME EXPENSES
Rent
Electricity
Gas/Oil

Internet
Furnishings/Appliances
Lawn/Garden
Home Supplies
Maintenance
Improvements
Other
Total HOME EXPENSES

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

161

161

161

161

161

161

161

161

161

161

161

161

Total CHILDREN

50

50

50

50

50

50

50

50

50

50

50

50

CHILDREN
Medical
Clothing
School Tuition
School Lunch
School Supplies
Babysitting
Toys/Games
Other

TRANSPORTATION
Vehicle Payments
Fuel
Bus/Taxi/Train Fare
Service

300

Registration/License

50

Other
Total TRANSPORTATION

50

100

50

50

50

50

50

50

350

50

50

50

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

INSURANCE
Auto

400

Health
Home/Rental
Life (AIA)

333

333

333

333

333

333

333

333

333

333

333

333

Total INSURANCE

333

333

333

333

333

333

333

333

733

333

333

333

Total EDUCATION

Other

EDUCATION
Tuition
Books
Music Lessons
Other

CHARITY/GIFTS
Gifts Given
Charitable Donations
Religious Donations

Other
Total CHARITY/GIFTS

500

500

500

500

500

500

500

500

500

500

500

500

100

100

100

100

100

100

100

100

100

100

100

100

600

600

600

600

600

600

600

600

600

600

600

600

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

16

SAVINGS
Emergency Fund
Transfer to Savings
Retirement (401k, IRA)
Investments
College
Other
Total SAVINGS

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

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

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

PETS
Food

Medical
Toys/Supplies
Other
Total PETS

Total SUBSCRIPTIONS

SUBSCRIPTIONS
Newspaper
Magazines
Dues
Club Memberships
Other

VACATION
Travel to Malaysia

1,000

Lodging
Food
Rental Car
Entertainment
Other
Total VACATION

1,000

MISCELLANEOUS
Bank Fees
Postage
Other
Other
Other
Total MISCELLANEOUS

Total Average
28,500

2,375

25,726

2,144

2,774

231

Monthly
Total Average

27,600

2,300

900

75

28,500

2,375

8,100

675

720

60

720

60

156

13

360

30

10,056

838

1,800

150

132

11

1,932

161

600

50

300

25

50

950

79

400

33

3,996

333

4,396

366

6,000

500

1,200

100

7,200

600

192

16

192

16

1,000

83

1,000

83

Instructions
By Vertex42.com

This family budget planner is meant to help you create a budget for an entire year.
Doing this will help you make predictions about where you may stand financially
in the future. If you are moving, changing jobs, purchasing a home, or making other
major life changes, it is essential to plan for many months down the road.
1. Edit/Create/Delete categories and subcategories
Use row operations, such as deleting or inserting an entire row.
The subtotal formulas are set up to allow this type of editing without messing up the
formulas, but you should always insert a row ABOVE the last row in the group or
BELOW the first row, so that the formulas stretch to include the row you added.
2. Verify that all of the subtotal formulas are correctly summing the correct cells
3. Modify the month headings as needed, to start with a different month
4. Enter your starting balance at the top of the worksheet.
5. Fill in the income and expenses for the year
a. You can copy and paste cells as needed
For example, enter an average fuel cost in Jan, and copy it across through Dec
b. Include large lump payments in the months in which they will likely occur
or use the approach of averaging the cost across each month. When using the
averaging approach, consider that your actual balance may not reflect the predicted
balance for the month. If you use the lump payment approach, it may be easier
to compare actual balances, but make sure you have enough saved.
c. Add cell comments as needed to help explain costs. For example, you might
include the names of Birthdays in comments for the Gifts Given category

Updating the Balance Each Month

If your actual balance at the end of a month is substantially different than the projected balance,
you may want to overwrite the formula in the "Projected End Balance" with your actual balance,
to update the projections for the rest of the year.

2008 Vertex42 LLC

HELP