Excel calendar year line budget template3/31/2024 Then multiply by four to get your monthly earnings. Get a blank piece of paper (or open a blank Excel sheet). To make your own budget sheet, follow these steps: If they don’t, they’ll be broke for life.Īnd let’s be honest, even the most carefree among us don’t want to run out of money later in life. To truly get ahead, they will have to tighten their budget, get their cars paid off (or sold), and put money away for their future. When their actuals landed, they had absolutely nothing to give or invest. Also, their kids’ and food costs are higher than recommended. Looking at the table or the budget charts, you can see their house payment is in line, but their car costs are killing them. Let’s have a look at their ideal budget, their actual budget, and their monthly spending-all lined up on the first tab of the weekly budget template: They own a house, and both have car payments. They have two kids-one’s in school, and one’s in daycare. Between the two of them, they earn $2,000 a week. The single-male budget was pretty simple, but perhaps you’re interested in an example of a household budget with kids and pets. (Sidebar- We also offer debt snowball tools if you want to get out of debt.) Not good, Reggie.īy overspending in the month, his credit card balance went up, so his minimum payments will likely jump as well, making it even harder for him to stick to his $3,000 budget next month. He made $3,000 and spent $3,465 that month. Let’s say Reggie gets through one month of recording his actual spending.īy viewing the budget chart, it’s pretty clear Reggie overspent in “Auto,” and he blew it in “Food” and “Personal” as well (see the mountains of light-blue bars).īy looking at the table, you can quickly see he overspent in the following categories: Monthly budget example with actuals: The single guy Personal-he’s spending more on himself than he can afford, considering his income. He’s got student loans and credit card debt. Second, it looks like he’s overspending in the following categories:Īuto-his car payment is weighing him down.ĭebt payments-ideally, he shouldn’t have any. the monthly budget for this single guy.įirst, he’s not saving any money and not giving either (not good for his future or his personal well-being). He has no kids or pets, so we have zeroed out those sections. Here’s what this monthly budget example looks like: His other expenses are pretty common and straightforward. He spends about $150 a month on groceries and rarely goes out to eat. I’m certain I’m not alone.įree Budget Calculator (Excel For Single or Family Household Spending)įree Weekly Budget Template (Simple Budget Planner Spreadsheet)įree Monthly Budget Template (Simple Budget Tracker Spreadsheet)Īnd if you are interested in beefing up your savings, check out these posts for the best saving accounts:įirst up, the single guy (we’ll call him Reggie) with some pretty straightforward income and expenses: I was not paying attention to the budget-time to refocus and get back into it. Our savings accounts are dwindling, and I didn’t see it coming. My wife just called an emergency budget meeting. Vet bill for our dog (abscessed tooth): $1,500 These were our expenses in the last two weeks:įlight tickets for our February vacation: $1,500 I’m supposed to be super smart about money.
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