Personal Monthly Budget

INCOME

Budget

Actual

Difference

[42]BUDGET SUMMARY

Budget

Actual

Difference

Total Income

Err:509

Err:509

0.00

Interest Income

Total Expenses

Err:509

Err:509

1,491.00

Dividends

NET

Gifts Received
Refunds/Reimbursements

Transfer from Savings

Other

Wages & Tips

4,000.00

4,000.00

Other
Err:509
HOME EXPENSES
Home Rent

Err:508
Budget

Err:508
Actual

850.00
100.00
22.00

Sweet Water
Mobile Cards

15.00
20.00

15.00

Internet
Improvements

60.00

60.00

Err:508

Err:508

22.00

Other

TRANSPORTATION
Vehicle Payments
Car Cleaning
Fuel
Bus/Taxi/Train Fare
Repairs

Budget

950.00
60.00

Actual

950.00

150.00

HEALTH
Doctor Fee
Medicine

Err:508
Budget

Err:508
Actual

6.00
125.00
Err:508

20.00
Err:508
Difference

60.00

Err:508
Difference

6.00
125.00

Other
Err:509

100.00
-

150.00
-

Other
Err:509

Difference

850.00

Electricity
Gas Cylinder

Err:509

Err:508

Err:508

Err:508

DAILY LIVING
Groceries

1,462.00

2,953.00

Budget

Actual

1,491.00

Difference

Personal Supplies
Clothing

Dining/Eating Out
Salon/Barber
Tea Time

60.00
20.00
100.00

60.00
20.00
100.00

Other
Err:509

Err:508

Err:508

Err:508

HELP
http://www.vertex42.com/ExcelTemplates/personal-monthly-budget.html

Intro
The purpose of this template is to help you define a monthly budget
and compare your budget to your actual income and expenses.
This worksheet uses a separate Excel Table for each major Budget
category. This allows you to insert and delete sub-categories easily.

Step 1

Update Budget Categories

You can modify the sub-categories within each table, but if you
remove an entire major category, then you will need to modify the
formulas in the Budget Summary table.

Step 2

Enter Budget Amounts

Enter values in the Budget column within each table.
If you are not sure how to set up your budget, read the article "How to
Make a Budget with a Spreadsheet" listed below.

Step 3

Enter Actual Amounts

You can either update the worksheet throughout the month, or wait
until the end of the month to enter the actual income and expenses.

Difference Column
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.
Budget Summary
The Monthly Budget Summary table totals up all your income and
expenses and calculates the Net as Income minus Expenses. If your
Net is negative, that means you have overspent your monthly budget.

Taking the Next Step

2014 Vertex42 LLC

This worksheet is a simple way to create a monthly budget, but when

you are ready to move on to a more advanced budgeting tool, try our
Money Management Template listed below.

REFERENCES & RESOURCES

TEMPLATE
TIPS

Vertex42.com: Money Management Template

Vertex42.com: Spreadsheet Tips Workbook

ARTICLE

Vertex42.com: How to Make a Budget with a Spreadsheet

ARTICLE

Vertex42.com: Budgeting Tips

Personal Monthly Budget

By Vertex42.com
http://www.vertex42.com/ExcelTemplates/personal-monthly-budget.html

2008-2014 Vertex42 LLC

This spreadsheet, including all worksheets and associated content is
considered a copyrighted work under the United States and other
copyright laws.
Do not submit copies or modifications of this template to any website or
online template gallery.
Please review the following license agreement to learn how you may or
may not use this template. Thank you.
See License Agreement
http://www.vertex42.com/licensing/EULA_privateuse.html
Do not delete this worksheet. If necessary, you may hide it by right-clicking
on the tab and selecting Hide.