Personal Budget

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

Starting Balance

2008 Vertex42 LLC

[42]

1,500

Total

Avg

Total Income
Total Expenses

NET (Income - Expenses)

Projected End Balance

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

Monthly

FEB

JAN

MAR

MAY

APR

JUN

AUG

JUL

SEP

NOV

OCT

Total Average

DEC

INCOME
Wages & Tips

Interest Income

Dividends

Gifts Received

Refunds/Reimbursements

Transfer From Savings

Other

Mortgage/Rent

Home/Rental Insurance

Electricity

Gas/Oil

Water/Sewer/Trash

Phone

Cable/Satellite

Internet

Furnishings/Appliances

Lawn/Garden

Maintenance/Supplies

Improvements

Other

Other
Total INCOME

HOME EXPENSES

Total HOME EXPENSES

TRANSPORTATION

FEB

JAN

MAR

MAY

APR

JUN

AUG

JUL

SEP

NOV

OCT

Total Average

DEC

Vehicle Payments

Auto Insurance

Fuel

Bus/Taxi/Train Fare

Repairs

Registration/License

Health Insurance

Doctor/Dentist

Medicine/Drugs

Health Club Dues

Life Insurance

Veterinarian/Pet Care

Other

Gifts Given

Charitable Donations

Religious Donations

Other

Groceries

Personal Supplies

Clothing

Cleaning

Education/Lessons

Dining/Eating Out

Salon/Barber

Pet Food

Other

Other
Total TRANSPORTATION

HEALTH

Total HEALTH

CHARITY/GIFTS

Total CHARITY/GIFTS

DAILY LIVING

Total DAILY LIVING

ENTERTAINMENT

FEB

JAN

MAR

MAY

APR

JUN

AUG

JUL

SEP

NOV

OCT

Total Average

DEC

Videos/DVDs

Music

Games

Rentals

Movies/Theater

Concerts/Plays

Books

Hobbies

Film/Photos

Sports

Outdoor Recreation

Toys/Gadgets

Vacation/Travel

Other

Emergency Fund

Transfer to Savings

Retirement (401k, IRA)

Investments

Education

Other

Student Loan

Other Loan

Credit Card Debt

Alimony/Child Support

Federal Taxes

State/Local Taxes

Total ENTERTAINMENT

SAVINGS

Total SAVINGS

OBLIGATIONS

Other
Total OBLIGATIONS

SUBSCRIPTIONS
Newspaper

FEB

JAN

MAR

MAY

APR

JUN

AUG

JUL

SEP

NOV

OCT

Total Average

DEC

Magazines

Dues/Memberships

Other

Bank Fees

Postage

Other

Other

Total SUBSCRIPTIONS

MISCELLANEOUS

Total MISCELLANEOUS

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
or changing jobs.

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.

2011 Vertex42 LLC. All rights reserved.