Monthly Budget Excel Spreadsheet - Income, Fixed and Variable Expenses - Plan my household - Part 1

Download Monthly Budget Spreadsheet from the below mentioned link

https://docs.google.com/spreadsheets/...

2024 Jan-2024 Feb-2024 Mar-2024 Apr-2024 May-2024 Jun-2024 Jul-2024 Aug-2024 Sep-2024 Oct-2024 Nov-2024 Dec-2024

Surplus/Deficit $2,300.00 $-550.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00

Income
Paycheck 1 $10,000.00 $10,000.00 $10,000.00
Paycheck 2 $1,000.00 $1,000.00 $1,000.00
Commission $500.00 $800.00 $800.00
Self business $1,000.00 $800.00 $800.00
Balance B/F $2,300.00 $-550.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00
Total $12,500.00 $14,900.00 $12,050.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00

Fixed Expenses
Rent $2,000.00 $2,000.00 $2,000.00
Car EMI $1,500.00 $1,500.00 $1,500.00
ChildCare $5,000.00 $5,000.00 $5,000.00
Subscriptions $50.00 $50.00 $50.00
Total $8,550.00 $8,550.00 $8,550.00 $- $- $- $- $- $- $- $- $-

Variable Expenses
Electricity $200.00 $200.00 $200.00
Water $400.00 $400.00 $400.00
Mobile $500.00 $500.00 $500.00
Dining out $500.00 $500.00 $500.00
Clothing $50.00 $300.00
Trip $5,000.00
Total $1,650.00 $6,900.00 $1,600.00 $- $- $- $- $- $- $- $- $-

Budget Planner Template
Keep budget planning simple
Track your income and expenses
Compare expectations with reality
A simpler budget planner
Our budget and savings template can help you improve your spending habits by showing your progress each month, allowing you to take control of your money and reach your financial goals.
work out where your money is going
create your own custom items
list all your income sources and their amounts in the Income table, and track your spending in the Expenses

Welcome to our latest video on creating and using a Monthly Budget Excel Spreadsheet! 📊✨ Whether you're looking to save more, manage your expenses, or simply gain control over your finances, this video will guide you through building a comprehensive and easy-to-use budget tracker in Excel.

In this video, you'll learn:

Introduction to Monthly Budgeting

Why maintaining a budget is crucial for financial health and how an Excel spreadsheet can simplify the process.
Setting Up Your Budget Spreadsheet

A step-by-step walkthrough on setting up your Excel spreadsheet from scratch, including essential columns and categories.
Creating Budget Categories

How to categorize your income and expenses for better tracking. Learn to create categories like housing, utilities, groceries, entertainment, and savings.
Tracking Income and Expenses

Tips on how to enter and track your monthly income and expenses accurately. Discover how to use formulas to calculate totals and differences.
Setting and Monitoring Goals

How to set financial goals within your spreadsheet and track your progress towards achieving them.
Analyzing Your Spending

How to use Excel’s features to analyze your spending patterns and identify areas where you can save.
Customizing Your Budget

Personalize your spreadsheet to fit your unique financial situation, including adding custom categories and adjusting formulas.
Generating Reports and Insights

Learn how to generate reports to review your spending and savings over time, helping you make informed financial decisions.
Additional Resources:

Download the free Excel template used in the video (link in the description)
Explore more financial tips and budgeting strategies on our blog
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Tags: #MonthlyBudget #ExcelBudgeting #PersonalFinance #ExcelTips #BudgetTracker