Personal Budget

http://www.vertex42.com/ExcelTemplates/personal-budget-spreadsheet.html 2008 Vertex42 LLC

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

1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500 0 0 0 1,500

[42]
0 0 0 1,500

Total
0 0 0

Avg
0 0 0

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

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Monthly Total Average

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

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

TRANSPORTATION
Vehicle Payments Auto Insurance Fuel Bus/Taxi/Train Fare Repairs Registration/License Other Total TRANSPORTATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

JAN
HEALTH
Health Insurance Doctor/Dentist Medicine/Drugs Health Club Dues Life Insurance Veterinarian/Pet Care Other Total HEALTH

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total Average
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

CHARITY/GIFTS
Gifts Given Charitable Donations Religious Donations Other Total CHARITY/GIFTS 0 0 0 0 0 0 0 0 0 0

DAILY LIVING
Groceries Personal Supplies Clothing Cleaning Education/Lessons Dining/Eating Out Salon/Barber Pet Food Other Total DAILY LIVING 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 Vacation/Travel Other Total ENTERTAINMENT 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

SAVINGS

JAN
Emergency Fund Transfer to Savings Retirement (401k, IRA) Investments Education Other Total SAVINGS 0

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total Average
0 0 0 0 0 0 0 0 0 0 0 0 0

OBLIGATIONS
Student Loan Other Loan Credit Card Debt Alimony/Child Support Federal Taxes State/Local Taxes Other Total OBLIGATIONS 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

SUBSCRIPTIONS
Newspaper Magazines Dues/Memberships Other Total SUBSCRIPTIONS 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 Total MISCELLANEOUS 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/personal-budget-spreadsheet.html

Intro

This personal budget spreadsheet is meant to help you create a budget for an entire year. Doing this will help you make predictions about your future finances. This is especially useful when making major life changes like moving

Step 1: Define Budget Categories Use row operations, such as deleting or inserting an entire row when adding or removing categories. Verify the subtotal formulas after adding new rows. 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. Step 2: Enter Your Beginning Balance Add the balances in your spending accounts (cash, checking) to come up with your starting balance. Enter your balance at the top of the worksheet. If you wish to start with a month other than January, you can edit the column labels as needed. Step 3: 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 Expenses For fixed expenses, such as rent or mortgage payments, enter the same amount in each month. Variable Expenses 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. Add Cell Comments 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 Step 4: Analyze Your Projected End Balance If your projected end balance is increasing over time, you might consider contributing more to your savings goals.

If your projected end balance drops below what you consider a comfortable cushion, then you may need to cut back on some of your expenses.
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