For someone like myself, creating an Excel sheet is like being a kid on Christmas morning, but apparently I’m in the minority on that one. If Microsoft Excel is not your idea of a good time I’m here to help with a FREE Budget Template! You can print it and use it as a good ol’ paper and pencil budget, or you can use it as a digital budget.
You can completely customize and personalize this budget to suit your own income and expenses. It is set up as a monthly budget, but you can always change that to work with your own schedule. There’s also an overview page for you to see your finances at a glance, as well as space for you to put your goals – financial or otherwise!
The expense categories are Regular Expenses, Budgets, Debt, and Savings Funds.
- Regular Expenses are bills that occur each month and usually have a set amount
- Budgets are expenses that occur each month, but you aren’t sure how much you’ll be spending. You should have a “cap” for these expenses, such as a $300 grocery budget.
- Debt is where you put all your expenses that are going toward a debt.
- Savings Funds is what you spend your “extra” money on after all the other categories are taken care of. There are a few suggested categories to get you started!
The columns are Budget, Actual, & Paid. Here’s how to use them:
- Budget is what you THINK the expense will be.
- Actual is the amount it ACTUALLY ended up costing you.
- Paid gets filled in once the expense has actually cleared your bank account.
There are two tabs at the bottom, but feel free to make as many as you want!
I hope you find this budget template download helpful! If you have any suggestions please leave them below, and if you don’t feel like this budget will work for you then I encourage you to keep looking around. There are plenty of free budget materials out there, don’t let a lack of resources be your excuse 🙂