MONTHLY HOUSEHOLD BUDGET EXCEL PROFESSIONAL
MONTHLY HOUSEHOLD BUDGET EXCEL SERIES

Once you have a rough idea of your spending, you can simply deduct it from your income to figure out how much you can potentially save each budget period. If you don’t, one big bill is going to blow your monthly budget entirely. Because I budget monthly, I then divide those costs into 12 and include them as line items in my budget (“Household Fund” etc) to make sure I am provisioning for such future costs. You can even use these personal budget templates to help teach your children the importance of creating a budget. These templates are easy to useall you have to do is plug in the numbers into the spreadsheet.

MONTHLY HOUSEHOLD BUDGET EXCEL PROFESSIONAL

Professional fees: financial, legal and other fees to get my financial affairs in orderĪt the start of each financial year, I make an estimate of my likely expenses in each category. Discover monthly budget templates, household budget templates, vacation budget templates, and more.Holidays: all costs associated with taking a holiday.Birthdays and Christmas: gifts for myself, my son and others.Health: health insurance and $1000 a year for unexpected medical expenses.School: school fees, uniforms and extra curricular activities.Type in your own items down the column on the left and enter your income and. Car: registration, comprehensive insurance, compulsory third party insurance, regular servicing and repairs, parts and roadside assist This is a monthly budget planner created using Microsoft Excel.Household: strata fees, council rates, home insurance, water bills and $1000 a year for emergency household repairs.Then, you need to list all your outgoings across three different types of expenditure: direct debits, variable spending and regular contributions towards large expenses or spending goals (I call these “Future Funds” – more later). For people on irregular incomes, you can either choose to estimate a sum you think you are likely to receive, or you can budget off the minimum you know you will receive. Because I am paid regularly, I can just divide my annual salary by 12 to get my monthly income. I budget monthly, even though I am paid fortnightly. Download my free monthly budget template here.įirst: set a time frame for your budget and determine your income.

If you’re not, I still encourage you to still have a stab. Ok, let’s assume you are mildly familiar with where your money goes, it’s time to create a budget.

I send out links each week to my 10 budget category worksheets.

MONTHLY HOUSEHOLD BUDGET EXCEL SERIES

Did you miss my series breaking down my 10 spending categories? No worries, sign up to receive my free weekly newsletter email via this link /moneywithjess or /moneywithjess.

Monthly household budget excel