If you add or remove any categories, just make sure that the formulas used for the totals don't get messed up. If your Net is negative, that means you have overspent your monthly budget.Īdding or Removing categories: The household budget template contains a very detailed list of categories, which you may or may not need. This Semi-monthly home budget sheet template consists of various sections according to the expense of the family such as the fee, bills, groceries, repairs. Balance your household budget, track your savings, and make room for vacations or other events that may require extra financial planning with this template. The Monthly Budget Summary table totals up all your income and expenses and calculates the Net as Income minus Expenses. Use this template as a family budget planner, and take household expenses into account including costs related to children’s education or extracurricular activities. If you spend more than you budgeted, the Difference between the Projected and Actual values will be negative, and if your Actual income is less than your Projected income, the Difference will be a negative number. In this spreadsheet, the calculations are set up so that negative numbers are bad. The cells in the "Difference" column use conditional formatting to make negative numbers red. At the end of the month, you record in the "Actual" column how much you really spent during the month. 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 worksheet is to help you compare your monthly budget with your actual income and expenses.
#MONTHLY HOUSEHOLD BUDGET TEMPLATE WORD HOW TO#
You may also want to read the article " How to Budget". Our article " How to Make a Budget" explains how to use these spreadsheets to create your budget.
You'll want to replace the values in the Home Expenses category with your own. Our Sample Budget Forms come in a variety of templates to tailor to your needs, such as our Monthly Budget Forms and our Household Monthly Budget Forms. To use this template, fill in the cells highlighted with a light-blue background (the "Budget" and "Actual" columns). Our Budget Forms can help tackle the challenges of budget planning a tad easier. 42 Effective Ways to Save Money Budgeting Tips for the New Year Using the Household Budget Worksheet