Excel budget template household4/3/2024 ![]() ![]() Fixed (or recurring) expenses are easily tracked, as they are often a set amount on a regular date. ![]() There are also two types of expenses: Fixed and Variable. Listing your expenses quickly helps you establish whether you have enough money coming in to cover these. Your new expenses total $1,725 per month. ![]() You add a buffer of 15% which is calculated at $225.You estimate you spend $1,500 per month.When calculating your expenses, also factor in unexpected bills, such as unplanned car repairs.Ī good rule of thumb is to add an extra 10 per cent to 15 per cent. A forgotten bill really throws a wrench into your savings plan. Remember that being thorough when you add up expenses is important in creating a realistic budget. Some expenses are intermittent, such as insurance payments, so to get the most accurate financial picture you can calculate an average for six months to a year. Assess your expenses by consulting your bank statements, receipts, and financial files. We will be more than happy to assist you.This is how much money you spend. If you have any queries please share in the comment section below. We thank our readers for liking, sharing and following us on different social media platforms. This is a printable version of the expense tracker in which you can budget and track your expenses on a printed sheet.Ĭlick the link below to download the printable version: It also calculates the column total for each column. Whenever the expenses will increase the budgeted expense amount, the template turns the cell red. The template will automatically calculate the difference between the actual and budgeted expenses. Record actual expenses against each head. Monthly Budget Vs Actual Expense Tracker consists of all heads of household expenses. Insert income from all sources in the light blue cells. The Income Compilation Sheet consists of income from different sources for 12 months from January to December. This sheet is auto-populated.įurthermore, the budget vs actual expenses is displayed month-wise in graphical form. You don’t need to input any data in this sheet. In addition to the above, it also calculates the saving amount by deducting actual expenses from total income. Monthly Budget Vs Actual Expense Tracker (12 Sheet, Jan-Dec)īudget Summary Sheet consists of 12 month summary of income, budget, and actual expenses along with the difference between actual and budgeted expenses.How to use Monthly Household Budget Excel Template? Let us discuss the contents of the template in detail. You can download other templates like Credit Card Payoff Calculator, Savings Goal Tracker ROCE Calculator, and Loan Amortization Template. Click here to Download All Personal Finance Excel Templates for ₹299. These expenses include rents, utility payments, medical, children expenses, educational expenses, emergencies, vacation plannings, etc.Īdditionally, you can also manage all of this on a printable sheet with the Printable Monthly Household Budget Sheet.Ĭlick here to download the Monthly Household Budget Excel Template. ![]() In addition to the above, it consists of all types of expenses applicable to a household. We have created a simple and easy Monthly Household Budget Excel Template that will help you evaluate your income sources, budget your expenses and keep a track of actual expenses along with a graphical representation.
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