![]() 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. Check out more budgeting advice, tips and tricks so you can make the most out of your money.Get Started Today Budgeting Using the Household Budget Template Of course, a properly calculated budget doesn’t just happen overnight. And when tax season rolls around, you have a convenient document to draw from, instead of hunting down receipts to present to your tax preparer. Work travel (broken down to lodging, meals, etc.)īusiness-focused templates are available for Excel, especially specific ones that keep track of your bill payments, general ledgers, or even expense reports for startups.īy tracking your expenses for your business in a spreadsheet, you can also identify potential sources for fraud, such as monetary discrepancies for yourself and others.Some of the most common categories for business expenses include: If you own a small business, you’ll have expenditures in different categories to record. Business expenses to consider for your monthly tracker By using the AutoSum feature, you can see how much you’ll be spending per month, or year, and tweak your budget to match your goals. Lastly, Excel makes it easy to tally up a total cost across columns. You can estimate how much you’ll pay per month for utilities, or if you know that you have a fixed rate for mortgages and loans, you can fill in the blanks ahead of time. Your rows can be tied to the months in this year where you’re anticipated to make monthly payments or save for major repairs. In an Excel template, you can create new sheets for each of these major categories, then break them down to specific expenses.įor example, create a new sheet, name it Housing, and then dedicate a column to the expenses that fall under this category (monthly mortgage payments, anticipated home repairs, etc.). Goals: Something you might be saving for in the long term, whether it’s a new car, an appliance upgrade, or sending a child to college.Emergency savings: Create an emergency savings fund and be prepared for anything.Entertainment: streaming subscriptions, video games, live shows, upcoming vacations and weekend getaways.Utilities: gas, water, heat, electricity, and Internet.Transportation: auto loans, public transit fare, car maintenance and repairs. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |