The page will populate with common categories, or you can search for something specific in the bar at the top. Step 3: Add Your ExpensesĬlick “Add an expense”. Once finished, click “Done–now add expenses”. If you have your bank accounts connected to the Mint app, this will auto-populate. Step 2: Add Your IncomeĬlick “Tell us your monthly income” which will take you to a page where you input your monthly income. If this is your first time setting up a budget you’ll see a message to “Create a budget”, click the button to get started. Follow the simple steps below to set up and automate your monthly budget.Ĭlick “Monthly”. You can also use the Mint app instead of the downloadable template to streamline the process. Household Budget Template (.XLSX) Budgeting Using the Mint Mobile App income, an expense breakdown by category, and more. In the “Budget Summary”, you’ll be able to see your expenses vs. The “Budget Summary” tab will automatically populate the data you’ve previously entered. The “Budget Summary” will give you a comprehensive view of your current finances. Step 4:Ĭlick the “Budget Summary” tab when you’ve finished adding your expenses. That way you can switch over to an automated budget easily if you want. Note that the categories included in our household budget worksheet are the same as those used in the Mint app. You’ll find categories including basic home expenses like your mortgage payment, furnishing, and home insurance as well as utilities and child-related expenses.
In the “Expense Inputs” tab, fill out the “ESTIMATED” and “ACTUAL” columns just like you did for your income. Next, you’ll need to navigate to the “Expense Inputs” tab that’s located just to the right of “Income Inputs”. Here you’ll be able to add how much you earn from your various income sources including your paycheck, investments, reimbursements, and more. Once you see this page, fill out the “ESTIMATED” and “ACTUAL” columns. You can get started by clicking the “Income Inputs” tab at the bottom of the spreadsheet, which will bring up a list of income categories. To use the template click the “Download” button below. With a home budget worksheet, you can learn the basics of budgeting and start to get your household finances in order. Our household budget template is a simple way to create a budget for your home using a simple Excel spreadsheet. Home Budget - Our original selection of home budget worksheets.Get Started Today Budgeting Using the Household Budget Template.Family Budget Planner A yearly budget planner, with the same categories as the household budget spreadsheet.Household Budget Spreadsheet (monthly) - More detailed and includes child expenses.Personal Budget Spreadsheet The 12-month version of the above spreadsheet.Money Manger - A more advanced budget management tool for Excel.After making a change, you should check the formulas to make sure they are still correct. If your Net is negative, that means you have overspent your monthly budget.Īdding or Removing categories: You need to be careful when adding or removing categories, to avoid messing up the formulas used for calculating the totals. The Monthly Budget Summary table in the upper right of the worksheet totals up all your income and expenses and calculates your Net as Income minus Expenses. So, if you spend more than you budgeted for, the value in the Difference column will be red - to help it stand out as a warning. The spreadsheet uses the accounting format where negative numbers are in parenthesis like (115.00), and conditional formatting is used to make the negative numbers red - red means bad in this case. The calculations in the "Difference" column are set up so that negative numbers are bad. Using the Personal Monthly Budget Template See our articles Make a Budget and 5 Basic Budgeting Tips if you are just getting started or new to budgeting. At the end of the month, you record in the "Actual" column how much you really spent during the month.įor a more detailed set of budget categories, see the Household Budget worksheet. This represents your goal - you're trying to keep from spending more than this amount. You record your desired budget for each category in the "Budget" column. The purpose of this type of budget worksheet is to compare your monthly budget with your actual income and expenses. Some numbers are included in the Home Expenses category as an example, but you'll want to replace those numbers with your own. To use this template, just fill in numbers that are highlighted with a light-blue background (the Budget and Actual columns).
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