The Complete Collection of Monthly Budget Templates

By Andy Marker | February 22, 2017

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Monthly budgeting is a common challenge. Whether you’re managing your family’s finances, running a business, tracking your personal spending, or planning for college, the costs can seem endless. Creating a monthly budget spreadsheet is a useful way to keep track of all these expenses and compare them with your income, so you can gain control over your finances.

Of course, there are many different ways you can budget money, depending on your income source, family size, and the level of visibility you want into your finances. You may also want to create separate budgets for special purposes, such as retirement, college savings, or home improvements, in addition to your personal monthly budget. Perhaps you’re interested in creating a budget for monthly business expenses or corporate projects. That’s why we created this comprehensive list of monthly budget templates. No matter what you’re budgeting for, this collection has a template to meet your needs.

Monthly Business Budget

monthly spending worksheet

Maintaining a budget is especially important when running a business. Whether you offer goods or services, this monthly budget template can help put you on the road to success. Record business expenditures, such as advertising, taxes, and legal fees, and plot them against business income, such as product sales and service fees. This template shows you where you need to reduce or eliminate spending, and helps you identify your most profitable sources of income.

Download Monthly Business Budget

Excel | Smartsheet

Household Monthly Expense Budget

Household Expense Budget Template

When you have a house full of people, tracking expenses can get complicated. Monthly budget spreadsheets are helpful when managing spending for your family or roommates. This template gives you a close look at your household’s planned versus actual income and details expenses for individual categories on a monthly basis. Carefully tracking this information will help you better meet financial goals, prepare for emergencies, and plan for the future.  

Download Household Monthly Expense Budget

Personal Budget

Personal Budget Template

Setting a budget for yourself is hard — and following it can be even harder. Using monthly budget sheets helps make it easier. This detailed template offers a summary of your income, expenses, and savings goals (both in aggregate and by month) on one sheet with a detailed monthly breakdown by category on another. By taking a closer look at your budget, you can gain better control over your finances.

Download Personal Budget

Department Budget

Department Budget Template

This monthly budget sheet can help you forecast expenses for your business or academic department for the entire fiscal year, as well as by month. You can also compare percentage changes in the budget from year over year. Expenses are grouped by category (for example, website, research, and travel costs) to give you a snapshot of how you’re allocating department funds.

Download Department Budget

Home Construction Budget

Home Construction Budget Template

Whether remodeling your home or building a new one, it’s easy for costs to get out of hand. Use this monthly budgeting worksheet to account for all labor and materials expenses, track spending by category, and ensure you’re within your overall budget. This template can also help you set aside extra funds for emergency repairs and unforeseen costs, which are common with construction projects. Check out these Excel construction management templates to help you manage a budget for larger jobs.

Download Home Construction Budget

Simple Monthly Budget

Simple Budget Template

If you just need a basic budget tracker, or if you’re making a budget for the first time, this simple budget template can help you get organized. It offers a basic snapshot of your income, expenses, and insight into extra money that you can save. You can also use this template to plot your finances on a chart for an at-a-glance look at your spending.

Download Simple Monthly Budget

Academic Club Budget

Academic Club Budget Template

This monthly budgeting sheet helps you track income and expenses for an academic club. Clubs often have annual goals for fundraising, dues, or sponsorship, as well as limits on monthly and annual spending. Tracking all this on a monthly budget planner can help you gauge progress toward financial goals, and verify that your club isn’t spending more than it’s making.

‌ Download Academic Club Budget

Monthly Budget Calculator

monthly spending worksheet

Using this basic budget calculator, you can quickly and easily plot regular expenses for major categories (housing, transportation, debt, etc.) against your income for the month. Simply plug in the payment and receipt amounts, and the calculator will reflect totals in aggregate as well as by category for the month. This gives you an at-a-glance view of how closely you’re sticking to your budget.

‌ Download Monthly Budget Calculator

College Student Monthly Budget

monthly spending worksheet

College is one of the biggest investments many people will make in their lifetime. Use this monthly budget Excel spreadsheet to help plan for it accurately. In addition to tuition fees, this sheet will help you track spending on textbooks and educational supplies, housing, and transportation, as well as income from jobs, internships, and student loans or scholarships. You can also track your college budget by month or by quarter.

Download College Student Monthly Budget

Early Retirement Budget Sheet

Early Retirement Budget Template

Planning ahead is especially important when it comes to your retirement. If income and expenses aren’t tracked and distributed properly, it could seriously impact your future. Using this monthly budgeting worksheet, you can ensure you’re financially secure when you retire. Track income sources as well as living, personal, and medical expenses on a weekly, bi-weekly, quarterly, or annual basis. You can also compare your actual income with what you need to retire comfortably.

‌ Download Early Retirement Budget Sheet

Monthly Family Budget Planner

Family Budget Template

Families have a lot of expenses. From doctor’s visits to vacations to saving for college, you need a comprehensive budget to track your family’s spending. This monthly budget worksheet allows you to compare expenses with your family’s income and savings, and reflects annual totals by category. Using this template, you can make sure your family is financially prepared for future expenditures, such as education and retirement, as well as for any emergencies that may arise.

‌ Download Monthly Family Budget Planner

GLBL Monthly Budget Spreadsheet

GLBL Budget Template

If you want granular control over your finances, this “Gather Little by Little (GLBL)” budget template is for you. It allows you to designate every dollar of income you receive from your paycheck for a specific purpose, so you can avoid spending more than you’re making. This comprehensive monthly budgeting worksheet offers an at-a-glance view of all expenses and income on one sheet, and breaks down each spending category in detail on the following sheets in the template.

‌ Download GLBL Monthly Budget Spreadsheet

K-12 School Expense Budget Template

monthly spending worksheet

Even before your kids reach college, school expenses can add up. Keep track of them with this monthly budget template. It allows you to track all spending related to school and extracurricular activities: tuition, lab fees, books and school supplies, uniforms, club and team dues, and more. By managing your school budget, your kids will have the financial support they need to achieve their goals.

‌ Download K-12 School Expense Budget Template

Monthly Budget Template

monthly spending worksheet

This all-purpose monthly budgeting spreadsheet can help you keep track of most personal and family expenditures. Use this template to enter housing expenses such as rent, utilities, and telephone; recurring payments such as car loan, insurance, and credit card charges; food and drink expenses; and other costs of living, such as child care, gym memberships, and entertainment. These can be tracked against your individual and/or family income, so you can make sure you’re prepared for the future.

‌ Download Monthly Budget Template

Zero-Based Budget Spreadsheet

monthly spending worksheet

Similar to the GLBL budget spreadsheet, the zero-based budget involves distributing your income to certain expense categories, so the balance equals zero at the end of each month. Whether you’re allocating money to living expenses (housing, car, groceries, etc.), to fun and entertainment, or to save for the future, a zero-based budget sheet will tell you where each dollar is going. Use this spreadsheet to plot your current income against your expenses, and adjust your budget until it zeroes out.

‌ Download Zero-Based Budget Spreadsheet

Completed Sample Budgets

Need some more help getting started? These templates offer an example of what your budget might look like once it’s complete. No matter how great your income, planning ahead is important so you don’t overspend, or spend too much in the wrong place. Easily compare your own spending against these sample low-income and high-income budgets to see if you’re on track or need to make adjustments.

monthly spending worksheet

‌ Download High Income Budget - PDF

monthly spending worksheet

‌ Download Low Income Budget - PDF

How to Use a Budget Template

To create your budget, first determine your regular income: for example, paychecks, government assistance, alimony payments, and child support. Businesses should consider how much money is allotted for specific projects. Don’t count irregular income, such as bonuses or gifts, since these fluctuate from month to month.

Next, calculate your regular expenses. Include everything from housing costs to insurance premiums to recreational spending. For variable expenses, such as utility bills, calculate your monthly average. Don’t forget to include things like groceries, gym memberships, and regular ATM withdrawals.

Finally, choose and download the right budget template and use it to plot all of this information - make sure your spending doesn’t exceed your income. You can also track your finances on an even deeper level by downloading and using one of our weekly budget templates .

Create a Monthly Budget in Smartsheet

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Free and Easy Budget Template

5 Min Read | Aug 30, 2023


No matter what you want to do with your money, it starts with a budget. Because a budget is a plan for your money —you tell it where to go, so you stop wondering where the heck it went.

But if you’ve never budgeted before, or it’s been a while, jumping in can be challenging. You know what can help? A budget template!

There’s nothing like having clear directions to follow and step-by-step blanks to fill in to give you the confidence you need to get going on this budgeting journey. You ready? (Yes, you are.)

Steps for Using Your Budget Template

A budget template (or budget worksheet) is a great way to get everything on paper, right there in front of your eyes. We’ve got three steps to set up that budget and two more to keep it going—each and every month.

Before you dive in, print out your Quick-Start Budget template and open up your online bank account!

Also, heads up: We’re about to mention the Baby Steps a couple of times. This is the proven plan to get ahead with your money—from saving more to paying off debt to building real wealth.

1. List your income.

Do you see the Planned column at the top of your Quick-Start Budget template? That’s where you list out all the money that’s coming in this month. Here are some quick callouts when it comes to this first step:

  • Make sure you write in regular paychecks and anything extra, like that side hustle money . (Go you!)
  • If you’re married, list out all the income for both of you. (It’s pretty romantic, really.)
  • If you’ve got an  irregular income , take a look at what you’ve made the last few months and list the  lowest  amount as this month’s planned income budget line. You can adjust later in the month if you make more. (We’ve got a special irregular income budget template  if you need it.)

budget template

2. List your expenses.

Now that you’ve planned for what’s coming in, you need to plan for what’s going out: your giving, saving (depending on what Baby Step you’re on), and spending.

When it comes to all the monthly spending you need to plan for, you’ll see the budget worksheet goes in this order:

  • Four Walls —food, utilities, housing and transportation
  • Other essentials—like insurance and debt
  • Extras—like fun money and that helpful miscellaneous line

(You’ve probably noticed your online bank account is coming in real handy right now.)

As you work through your monthly budget template:

  • Skip any lines you don’t need.
  • Write in anything you don’t see a spot for.
  • Add the planned amounts inside each box.

All right. What’s next?

3. Subtract expenses from your income.

When you do the math on your budget planner sheet, your income minus your expenses should equal zero. We call this the zero-based budget.

No, this does not mean you let your bank account reach zero. Leave a little buffer in there of about $100–300. 

What it does mean is that you’re giving all your money a job—paying the bills and moving you forward on your money goals. Because you work hard for your money, people. And it should work hard for you. Every. Single. Dollar.

What if you don’t hit zero?

  • Got money left over? Um, celebrate. This is great! Then put those dollars toward your current Baby Step.
  • Got a negative number? Pause. Don’t freak out. It’ll be okay. You just need to cut spending (or increase your income !) until you get to zero.

So, guess what. That’s it for creating the budget. These next two tips will help you stick to it and make it actually work for you.

4. Track your transactions (all month long).

How do you stay on top of your spending? Track. Your. Transactions. That means you’re tracking everything that happens to your money all month long! This is how you keep an eye on your progress and keep from overspending. 

5. Make a new budget (before the month begins).

Your budget won’t change too much from month to month—but no two months are exactly the same. So, create a new budget every single month. Don’t forget month-specific expenses (like holidays or seasonal purchases). And do this before the month starts so you can get ahead of what’s coming your way.

To the Budget Template . . . and Beyond!

Okay, you probably noticed those last two steps aren’t on your monthly budget template. Because the template is a great start. It really is! It helps you level up from budget dreamer to budget planner.


Start budgeting with EveryDollar today!

But once you get those first three steps on paper, it’s honestly way easier to keep up with it all when you’ve got an easy-to-use budgeting app like our personal BBFF (budgeting best friend forever), EveryDollar . Download the app (for free!), plug in all those numbers you organized on your budget template, and take your budget with you. Everywhere. It’s so much better than penciling in every transaction and doing the math yourself or rewriting a budget every month. Trust us.

Here are three more helpful resources before you go:

  • If this budgeting flyover zoomed by too quickly, check out our Complete Guide to Budgeting !
  • If you’re curious how your spending lines up with recommended budgeting percentages and common averages, you can find that info here.
  • And if you if you haven’t yet, download your personal Quick-Start Budget template .

Hey, we’re proud of you for budgeting. It’s seriously the first step to go from where you are with your money to where you want to be. And you’re going great places, one EveryDollar budget at a time!

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Ramsey Solutions

About the author

Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners. Learn More.

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101 Planners

Budget Sheet Template

Free budget sheet template you can customize to suit your needs for business and personal use. It will help you track your income and expenses so that you can manage your budget effectively. Managing your money can be easy!

Budget templates

Free Budget Sheet Template

How to make a budget spreadsheet.

Select a budget tracker printable from the selection below. There are many different formats and layouts. Select one that is closest to the format you want. Each budget spreadsheet template is totally customizable and editable. If you found everything you want, then you can stop here.

If you need to edit it, then add lines or cells. It is much easier to edit an existing template than to start from scratch.

Monthly Budget Template

Use our free monthly budget template to calculate your expenses and income over a one-month period. You can print 12 copies and make a DIY budget book for an entire year to create a monthly budget planner. We offer a simple monthly budget template in different formats, including Excel, Google Sheets, Word, Google Docs, PDF, or as an image.

Spreadsheet: Monthly Budget Planner Excel

Free printable budget planner for your home or work budget. Since the text is editable, the free budget printables can be used for any purpose. The spreadsheet includes most items in the family household budget. However, you can delete or add any items.

The Excel monthly budget template includes formulas that will calculate the totals in each section. If you don’t have or use Microsoft Excel, then you can use the monthly budget template Google Sheets format. Google Sheets is a free alternative to Microsoft Excel. It can use used online and offline. It can also be easily shared with others which is good when you are keeping track of a family budget that needs to be updated by more than one person.

Personal Monthly Budget Template

This household budget template is available in the following formats:

Google Sheets Budget Template | Excel Version | Budget Template PDF | Microsoft Word

When you use the Google Sheets version, you will be prompted to make a copy. Click yes to create and edit your own copy of the template.

See also: budget planner template with savings

The free budgeting spreadsheets (i.e. the Google Sheets and Excel versions) have formulas to calculate the subtotals and totals for each of the budget categories. This will save you time and show you your actual spending and total budget each time you edit an item.

The 50/30/20 Rule

The 50/30/20 rule is a budgeting tool that determines that 20% of your net income should go to savings (or debt reduction). We offer a free 50/30/20 calculator and spreadsheet to calculate your savings according to this rule. This free monthly budget template divides your monthly budget into needs/wants/savings to ensure that you are within the guidelines. It also compares your monthly budget to your actual spending.

50 30 20 Budget

Word: Editable Monthly Budget Planner Template

The following budgeting templates are available in Word, typeable PDF, or as an image.

Edit the template and all text

Budget planner template

Image | Editable PDF | Microsoft Word

Simple budget template Word

This is a simple budget template Microsoft Word format. It is also available in PDF . There are 8 categories of expenses and a section for income and balance (income minus expenses).

monthly budget template

Editable PDF | Word | Microsoft Excel | Image

This printable budget worksheet records income, expenses (divided into six categories), and a section for savings (goal vs actual).

Budget Planner Book

This free printable budget planner will help you get a better understanding of how much money you earn, and what you spend it on, and help you improve your financial situation.

Cover page

If you select each page, you will create the best budget planner book for your needs and it won’t cost you a cent! You can also just go through the ready-made book and print only the pages you want to use.

Planner App: Printable Budget Planner

101 Backgrounds or Borders

We also offer free printable budget templates with pretty borders and backgrounds. You can use them as is or in any planner. These are two examples, but we have 101 different backgrounds and you can add additional widgets or text and images. You cannot change the template for budgeting (the table) but you can change the borders. If you want a template for a budget that you can edit and change then the Word or Excel options above are more appropriate.

This customizable monthly budget template printable can be used in a paper or digital planner . You can change the borders, titles, and colors. You can choose the budget template, but you cannot edit it. If you prefer to edit it, then select a weekly or monthly budget template in Excel or Word format.

Family Budget

Customize & Print

Bullet Journal Style

Bullet Journal Printable

Bi-Weekly Budget Planner

Bi-Weekly Budget Planner

Word | Editable PDF | Image

Weekly Budget Planner

Weekly Budget Planner

This printable budget worksheet has three sections for income, expenses, and savings. If you want to change the expense categories, then the Word version will be better.

A weekly budget is useful when you get paid weekly. Since certain expenses might be paid on a monthly basis, you can either take the relative percentage of those expenses into account or set up a different budget for each week of the month.

Benefits of a Budget Planner

A budget planner will help you save money and keep you motivated and accountable during the process. There are a lot of budget planners and budgeting templates on the market, but you don’t want to spend money to save money! Therefore, we offer you free budget printables to calculate and track your income, expenses, and savings.

I love shopping and spending but hate spending more than I have, which is why I track my spending and expenses. I also feel more secure when I know I am saving enough for a rainy day and have my finances in order.

One of the first steps to controlling your personal financial situation is to create a budget and then track expenses and income to ensure that you are always on budget. Today, when things are so accessible, you can even go shopping in your pajamas at night. It can cause you to spend more than you realize you spent. Before you know it, you are in debt and in over your head. When you keep track of your expenses and income, you can ensure that you stick to your budget. A budget tracker is a great way to save. Set a goal of how much you plan to save each week or month and try to stick to it. The savings trackers will help you keep track and reach your goal.

There are many different free budget templates available. Choose the template that works best for you. The templates can be used for many purposes, such as tracking your family budget, a vacation, or a wedding budget . Since the text is editable, you can adapt any budget for any purpose.

You can make an entire budget planner by using a few of the templates. You can then track your income, expenses, budget, and specific projects. You can also set goals for savings. If you do decide to make a budget planner, then you might want to create a planner cover .

Please note that the free budget planner printables on this page are for your personal budget. If you want a template for a small business, then please see the business budget template.

Budget Tracker

A budget tracker template can help you ensure you stay on track and don’t deviate from your budget. If you do, you will at least be aware before things get out of hand.

Monthly Expense Tracker Printable

We also offer a monthly expense tracker printable and bill tracker if you only want to track expenses without income.

Expense Tracker

Savings Tracker Printable

Our free printable savings tracker will help you save to reach any goal from buying something small to a home. You can use it to save for a rainy day or for your children’s education.

Savings Tracker

Budget Calendar

A monthly budget calendar will keep track of your finances and help you see what your income and expenses will be each month. Use the editable calendar to plot out your paychecks, bills, and expenses each month. Some of the following templates also have a monthly budget. There is also a section to record your bills and a notes section to keep notes.

Monthly budget calendar

12 Month 2023 Budget Calendar

Yearly Budget Calendar

Yearly Budget Calendar

Image: January-June , July-December | PDF | Word

I find this calendar useful to list expenses each month. It lets me know where I stand and how much will still need to pay that month on any given day before my next paycheck arrives.

How to Make a Budget Calendar

  • Print the blank monthly budget calendar above.
  • Check past account statements to find repeat costs. Add them to the calendar.
  • Add any event that will cost you money to your budget calendar template. This does not only include bills to be paid but also events such as birthdays, weddings, and anniversaries when you will be giving a gift.
  • Scheduling transfers to a savings account can help you save up for a rainy day, college fund, or other savings goal. Add these transfers to your calendar.
  • Write in your paydays.
  • To make the calendar more fun and easy to use, you can color-code by category and add stickers.

A monthly budget calendar is usually the easiest and most accurate way to track your budget. Create one page for each month to complete a year.

Once you have added all income and expenses, you will be able to see if your paycheck will be sufficient and if you will have any money left at the end of the month. If you are living from paycheck to paycheck, this will prevent any surprises that you do not have savings to cover. If you want to build an emergency fund or savings plan, you might want to try our 30-day spending challenge .

You will need to update your monthly budget calendar each month to keep it accurate. You can either print 12 months in advance or bookmark this site and come back each month.

How to Make Happy Planner Budget Printables

You can use these printables as-is or insert them into your binder, Happy Planner, or any other planner with removable pages. Our free printable monthly budget template is a perfect addition to your Happy Planner. The problem is that you will need to calculate the totals which will take a little more time. Many people don’t mind this. However, if you prefer a monthly budget Excel template then you can fill it out and then print it, and insert it into your Happy Planner when it is complete.

See how to resize pages to fit the Happy Planner .

How to Track your Budget

Select any budget tracker template from the selection available above. The Google Sheets or Excel monthly budget templates are the easiest formats to use when you want to track your budget, as the spreadsheet will automatically calculate totals for you (our spreadsheets include formulas that will save you a lot of work). We offer a variety of free monthly budget templates or weekly budget templates. Select the layout that will work best for you.

Let’s go through each stage step-by-step. Open your monthly budget worksheet and let’s get started.

To track your budget you basically need to know how much is coming in and how much is going out. However, that is easier said than done. We tend to overestimate how much comes in and underestimate how much we spend.

Understand how much money you make after taxes

If your salary is not set then work out your average salary for the last 6 or 12 months. Include all income from all sources (including wages, benefits, investments, etc.)

Understand how much money you spend

We often don’t track the small amounts but they tend to add up and reach much bigger amounts!

To understand exactly how much you spend, you need to track your expenses and spending. The best way to get an accurate picture is to track this over a period of at least two months up to one year. If you track for two months only, then don’t forget to add annual expenses that occur during other periods of the year such as a summer vacation. This will give you an average amount per month that will be a realistic picture in the long term. If you use your credit card for most purchases, then you can use the statements to track the transactions and categorize them into the groups you set. You can also check your bank statements. Don’t forget to add cash purchases as well. This will help you know how much you usually spend to set a realistic goal. There is no use in setting a goal that you cannot stick to.

Once you have listed your expenses, skim the following list to ensure you haven’t forgotten anything: rent, mortgage, groceries, entertainment (movies, family expenses during summer vacations), education or tuition fees or student loan payments, cable, internet, car payments, gasoline, and car maintenance or public transportation expenses, health insurance, child support if relevant, property taxes, utility bills, donations, prescriptions, homeowner’s insurance or renter’s insurance, clothes, laundry.

Categorize your expenses into fixed, variable, and discretionary expenses.

Include all expenses in the personal budget template to reach a monthly total. According to the 50-30-20 rule, 50% of your income should be spent on things you need. Now that you have listed your expenses, use our budget calculator to check if your monthly expenses are aligned with the 50-30-20 rule.

If you recognize any bad spending habits when you create your personal monthly budget then now is the perfect time to address them. This will help you reach both your short-term and long-term budget goals.

If you have more than one spender in your household, then make sure that everyone is in the picture and tracking expenses. If you use a Google Sheets budget template (see above) then each spender can have access to the spreadsheet to update it in real time.

Don’t forget to add unexpected expenses such as medical, kids, fines, etc.

If you are creating a family budget planner, then take into account expenses in the future as well. Even if your children are young, you will still want to start budgeting for college and other big expenses that will only occur in the future.

Categorize each expense.

This will give you a picture of how much of your expenses go to each category. If you need to spend less, it will help you see where you should be cutting back. Most of the templates have sample expense categories. If you want to change the categories then use the editable templates such as an Excel file or Word document.

Set a Budget Goal

Your goal can be to spend less than x or to save y. You can try to cut back on expenses in general or from a specific category.

Should you set up a weekly or monthly budget?

A weekly budget might enable you to go into more detail but it might not be accurate if certain expenses do not occur each week. However, if you get paid weekly, you might prefer to use a weekly budget tracker.

A monthly budget tracker will probably be more accurate and is better when you are paid monthly.

In most cases, no matter if you have a weekly or monthly income, a monthly budget is usually better than a weekly one.

Review your Budget and Make Changes if Required

Sometimes things change or you realize you forgot to take some expenses into account. Review your budget regularly to ensure that you stay on track. If you find you overestimated your income then update it. If you underestimated your spending then update it and ensure that you are still on budget. If not, you might need to check if you will have to cut back on expenses to stay on budget.

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Printable Monthly Budget Worksheet

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Monthly Budget Worksheet

Use this printable monthly budget worksheet to create a budget that matches your lifestyle and your goals. It includes lots of things that other budget worksheets leave off – stuff like streaming services, pet care and gifts. And it even has extra space for you to enter additional expenses.

Just input your monthly income and expenses, and the worksheet will automatically crunch the numbers as you go. Want to see how certain changes would impact your budget? Go back and tweak the numbers as many times as you’d like, and the total will continue to update.

If there’s an expense listed that doesn’t pertain to you, just enter a zero in the field next to it.

Don’t include homeowner’s insurance or property tax, if they’re included in your mortgage payment. Also leave off health, life, dental, vision and disability insurance, if they’re automatically deducted from your pay. You want your budget to reflect your true out of pocket costs for the month.

To budget for expenses that you only pay once a year, just divide those costs by 12 to arrive at their monthly cost to you.

Since we’re all about side hustles, saving and paying off debt around here, you’ll also see that this budget worksheet has room to enter multiple income streams, and to plan how much you’re going to save and pay off this month. Make those things a part of your budget, and you’re much more likely to follow through with them.

Printable Monthly Budget Worksheet

Once you’re happy with your budget, print it out, or save it to a device. If you save it, you’ll be able to tweak it throughout the month, if you need to.

Print Monthly Budget Worksheet

Many web browsers have their own built-in PDF viewers, but they tend to be buggy. If you’re having trouble printing or editing one of our printables, click here for help.

Need More Help With Budgeting and Bill Pay?

Be sure to check out these other free printables.

Printable Monthly Financial Snapshot

Monthly Financial Snapshot

Printable Bill Pay Checklist

Bill Pay Checklist

Auto Bill Pay Tracker Printable

Auto Bill Pay Tracker

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Just found you and will come back often.

Welcome, Barbara 🙂

I get paid twice a month, any way to make this budget worksheet work with that form of income? It’s the same number, just twice a month. I also have expenses that I try to pay out of the first check and then expenses that come out of the second one.

Yep, it sounds like what might work best for you is to actually create two budgets: one for the first half of the month and one for the second half of the month. If you want to use this budget worksheet to do that, just enter the amount of your bi-weekly check under the income section, and only list the expenses that you want to pay out of that check. It’ll still crunch the numbers for you.

Good morning Erin. I was trying to print out your bare bones budget ( ) and when I click on the print friendly version, I get this ( ) would you happen to know what the problem is? Thank you.

Hey, Rhonda,

I sent you an email this morning. Did you get it?

OMG! I never responded…yes and thank you

No worries 🙂 Just glad you got it.

I just want to thank you for sharing your information planning on using budget sheets and meal planners.

I so appreciate the downloads. Thank you!

I can’t get the budget sheet to auto calculate, what am I doing wrong?

In order for the budget worksheet to crunch the numbers for you, you need to open it in Adobe Acrobat Reader. If you open it in Chrome, or another browser, it won’t have all its built-in functionality. Acrobat is available as a free download, if you don’t have it, or don’t have the latest version. It used to be the default pdf reader on most computers, but then browsers started building their own pdf readers, and making those the default.

I highly recommend resetting your default to Acrobat Reader. It’ll make our printables work better, as well as any other pdf that you open. Hope this helps.

I just discovered your website. Love it! Thank you for the info on Adobe in another reader’s comment. I downloaded it, because like you mentioned, my computer no longer has it. I missed it and wondered where it went! So, thank you. I couldn’t get the budget printable to open up, and now it does. I tried to sign up for your website and got an error message : ( If you would add me, please! Thanks!

Glad I could help 🙂 I’ll go manually add you to the newsletter list.

I came here to print a craft show pack list, and am enjoying looking through your many printables! Thank you for these! One question–how do you separate food / non foods for your budget, when most of these end up mixed on my walmart receipt?!

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Monthly Budget Worksheet

Free monthly budget template for Google Sheets

Free Budget Spreadsheet

I designed our free monthly budget spreadsheet to be as simple as possible to use.

This spreadsheet incorporates the 50/30/20 budgeting rule (explained below). It’s also loosely based upon the Kakeibo budgeting method , an elegant technique from Japan. Here’s what it looks like.

Read on to understand the philosophy behind this spreadsheet and get instructions for use. Download link is below.

50/30/20 monthly budget template

Our Google Sheets budget template lets you plug in your income and expenses to automatically calculate how much you have left to spend each month. It helps you see exactly what your income is going toward and shows you if you’re under or over budget as you track your spending.

50/30/20 budgeting explained

This template includes guidance for the 50/30/20 budgeting method. This is a widely used strategy that’s easy to apply and remember.

Basically, it helps you set priorities in your budget and categorize expenses by breaking your spending into three types: needs, wants, and savings. Then, it gives a different percentage of your income to each of these expense categories.

Here’s how the 50/30/20 budget works:

  • 50% is for needs. This includes household expenses that may fluctuate (think: groceries and utilities) as well as fixed costs, like insurance premiums or car payments, and other non-negotiables.
  • 30% is for wants. This includes the things you do for fun, such as going to concerts or dining out, and other things that are important to you, like updating your seasonal wardrobe or donating to charity.
  • 20% is for saving. This includes putting money into your emergency fund, investing in retirement accounts, and saving for big financial goals — like the down payment on a car or house.

You can think of your budget as a spending plan. By breaking your total income down into categories, you’re telling yourself how much you can spend in each category — not focusing on what you shouldn’t spend. This can be a helpful perspective if you’ve ever found budgeting to be too restrictive.

Now that you know how a 50/30/20 budget works, the next step is to personalize the budget template.

How to create your personal monthly budget template

Using the budget template is easy. Follow these steps to make it your own:

Make a copy of the spreadsheet

You cannot edit the public version of the spreadsheet. Go to File -> Make a copy to save your own copy of the budget spreadsheet. You can also download the spreadsheet to use in other applications like Microsoft Excel.

Screenshot showing where to make a copy of a Google Sheet.

2. Enter your planned income, expenses and savings goals

  • Fill in the blanks for your monthly expenses by putting your typical costs in the “Planned” column for each category.
  • Check the “Need?” box for necessary expenses like groceries, rent and loan payments. Leave the box unchecked for discretionary expenses like dining, shopping and entertainment.

3. Enter your actual spending at the end of the month

Use the “actual” column to keep track of what you actually earn, spend and save throughout the month. You’ll see the difference field automatically populate to show whether you are under or over your budget.

4. See how your budget lines up with the 50/30/20 rule

After you have entered an entire month’s income, savings and expenses, you’ll see the percentage of your income that you spent on necessities, “wants”, and savings in the “Totals” box.

Why you should budget your whole income

Budgeting all of your income is a strategy known as zero-based budgeting and it’s a good way to use your money more efficiently.

If you split 100% of your income across your categories — 50% for needs, 30% for wants, and 20% for saving/debt repayment — you’ll know exactly what happens to every dollar at the end of the month so you can feel confident you’ve put all your money to good use. You won’t have to worry about ending up with “leftover” cash and having to decide what to do with it.

What if you’ve budgeted for your wants and needs and don’t know how to use the rest of your money? Try adding it to your emergency fund, investing it, or repaying more of your debt.

Figuring out your wants vs. needs

All of our wants and needs are different, and you might have to tweak the template to make it work for you.

For example, maybe travel expenses are actually a “need” for you because you travel for work or a gym membership is non-negotiable. Feel free to play around with the categories and make sure to update them regularly as your personal and financial needs change.

Tips for making the most of your monthly budget template

Once you have your spreadsheet set up, it’s important to make the most of it all year long. Here are a few tips to help you apply your spending plan every month.

Review your budget on a monthly basis

At the beginning of the month, review the money you have for each category and adjust your spending accordingly. If a recurring expense changes or you need to update your income, do it right away.

Track your spending

Log your spending every time you pay a bill or make a purchase. Checking the spreadsheet often is a good way to avoid overspending and save money.

Check in each week

Check in with your remaining totals at the start of each week and identify areas where you might need to cut back. Your budget will only work if your income and expenses are accurate.

Adjust as needed

If your actual costs turn out to regularly be more or less than you estimated, update your budget accordingly. And if something comes up that you didn’t budget for, like an unexpected repair or medical bill, make adjustments to your spending. For example, if you overspend in one category for one month, try to spend less in another.

Stay positive

If you do go over budget one month, don’t let it discourage you. Just do what you can to balance your spending and start fresh next month. Sticking to a budget is hard, but you’ve got this. Remember, it’s about progress not perfection.

Get our free monthly budget spreadsheet

» Get our free monthly budget spreadsheet here.

Prefer something a bit simpler? I also created a really simple budget worksheet that’s available as a spreadsheet or a printable PDF.

Don’t like using a spreadsheet? Try these apps instead

If you already know budget templates just don’t work for you, you can try an app instead.

There are a number of excellent budgeting apps to help you create a budget, track expenses, and see your cash flow. Many connect directly to your bank accounts to automate your budgeting and categorize your transactions, so there’s very little setup required.

Here are three of our favorite best budgeting apps.

Empower, formerly Personal Capital, is *Larry David voice* pretty, pretty straightforward: link up your bank account and the app tracks your spending. Your results are displayed on this budgeting app in easy-to-read charts.

Other options include a multitude of calculators, a fee analyzer to see how your retirement account fees are impacting your retirement date, the ability to monitor your net worth, and even a retirement planner all for free. This dashboard is pretty comprehensive and you’ll get the most out of it if you revisit it often.

» MORE: Learn more in our full Empower review.


PocketSmith is a beginner-friendly budgeting app and money management tool. It makes it easy to look at your spending habits and think “big picture” about your money.

One way PocketSmith helps you do this is with future forecasting. As you set up your next month’s budget, you can take a look at how small decisions impact your finances six months down the road. Then you can play around with budget categories and read reports to understand how you’re really spending rather than just how you want to be using your money.

» MORE: Read our experience in our full PocketSmith review.

You Need A Budget (YNAB)

YNAB is a more extensive solution that helps you create a zero-based budget. Zero-based budgeting requires you to give every dollar a job and take tracking your spending to the next level.

To use this app, you’ll set some goals and log your transactions throughout the month. Then, YNAB ‘s reporting tools will help you monitor how you’re doing and show you your full financial picture. This is an especially great option for anyone focused on reducing their debt.

» MORE: Check out our full YNAB review.

The bottom line

Budgeting can be as simple — or as complicated — as you want to make it. Our free monthly budget template is designed to be as easy to use as possible and to take the guesswork out of creating a budget. Get out of debt , understand your habits, and meet your savings goals by taking care of your budgeting.

About the author


David Weliver

Founder of Money Under 30, David has over 20 years of experience as a personal finance journalist covering credit cards, banking and investing.

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Savvy Budget Boss

20 Free Printable Budget Templates: Manage Your Money In 2024

*This post may contain affiliate links. See disclosure for more information

Want to keep track of how much money you make, save, and spend each month? You need a budget! Once you’ve created a budget, you’ll want a handy way to track everything, right? That’s where these free printable budget templates come in!

Whether you decide on a zero-based budget, a 50/30/20 budget, or another budgeting method , you’ll need a budget worksheet, template, or spreadsheet to help you manage your money.

Don’t be one of the 78% of US workers who are living paycheck to paycheck. Break the cycle and take charge of your finances today!

Psst…if a single budget printable is not enough for you, check out our top 10 budget planners for 2024!

free printable budget templates-printable budget sheets woman's wallet with money, gold pen, white calculator

How To Choose The Right Budget Template

When it comes to budgeting, there is no one right way to go about it. Which means when it comes to choosing the right budget template, the decision is totally up to you!

The right budget template will allow you to see all of your monthly expenses at a glance, so you can quickly identify any areas of your budget that may need to be adjusted.

A good budget worksheet will allow room to record your income and savings goals along with the most important budget categories of housing, transportation, and food expenses.

The most important thing to remember when choosing a budget template is to work with your personality, not against it. In other words, if you are not into spreadsheets, don’t try to track your budget with a spreadsheet!

How Do You Use A Budget Template

Honestly though, do you even need a budget? I mean, is having a budget really all that important ? Yes. Yes, it is! Creating and living on a budget can mean the difference between financial bondage and financial freedom.

If you want to stop living paycheck to paycheck, get out of debt, and build wealth, a budget can get you there.

Before you decide on which budget template (or templates) to use, you’ll want to make sure you understand the basics of creating a budget.

Creating a budget is as easy as 1, 2, 3:

  • Add up all of your income for the month.
  • Add up all of your monthly bills and expenses.
  • Subtract your bills from your income.

If you come out ahead, you win! If not, look for things you can cut back on ( the grocery budget is a good place to start), or increase your income with a side hustle.

Fill out your chosen budget template with your personal budget numbers using only the categories that are relevant to you.

Make sure you track every dollar for the best results!

Related: 140 Best Frugal Living Tips Guaranteed To Save You Money

Now, on to the best free printable budget templates…

1. Free Printable Budget Templates from Savvy Budget Boss

I designed this budget printable to be both simple and functional. It comes in blank and pre-filled versions because I know not everyone has the same budget categories.

Even better, this budget template is completely editable! So, you can choose whether to print out a copy or type in your own budget categories and expenses and save it to your computer instead.

free printable budget templates

Why Wait? Earn Extra Money Today!

2. printable budget sheet from printable crush.

A pretty and colorful budget pdf that includes a place to log your savings as well as breakdowns of (8) budget categories.

colorful budget printable template

Ready to save some serious cash? Get Ibotta, it’s FREE! Ibotta gives you cash-back on groceries, health & wellness products, pet supplies, and more! Click Here to learn more!

3. Simple Budget Template For College Students from College Life Made Easy

Now here’s something you don’t see every day! A budget worksheet for college students! The template shown below is filled in, however, a blank version is available on the site as well.

one page budget template

4. Simple Monthly Budget Worksheet from Gathering Dreams

You can either download this budget template as a pdf or open it in Google Sheets if you’re into spreadsheets. I really like the simple design of this budget worksheet.

free printable budget templates

5. Blank Budget Template Printable from Mom Managing Chaos

This worksheet is broken down by fixed, variable, and discretionary expenses. There are areas to track income, savings, and debt payments as well.

simple blank budget sheets

6. Free Budget Binder from Thirty Handmade Days

This next set of budget printables includes 10 different templates including a meal planner, debt tracker, and monthly budget printable.

free printable budget templates

7. Free Budget Binder Printables from Money Minded Mom

Here’s a collection of budget printables with a pretty pastel design. It includes a bill payment calendar, savings tracker, net worth sheet, as well as a 2-page budget template.

free printable budget templates

8. Free Printable Budget Planner from Blooming Homestead

This pretty yet functional budget planner pdf is a simple way to manage your finances. It is available in 3 different styles and includes a savings tracker, expense tracker, and a month at a glance budget sheet.

feminine budget template

9. Free Zero-Based Budget Template from Moritz Fine Designs

If you follow Dave Ramsey, you’ll know he recommends using a zero-based budget system. This budget template was created exclusively for the zero-based budget method. It starts out with fixed expenses, followed by debt payments, and finally, wants. The goal is to end your budget with a zero balance.

free printable budget templates

10. Simple Monthly Budget Template from The Savvy Couple

This template from The Savvy Couple is easily customizable. Even better, it auto-calculates your totals for you! It’s separated into fixed and variable expense categories so you can easily identify and fix any budget-busters.

free printable budget templates

11. Family Budget Worksheet from A Mom’s Take

The beauty of this budget template is that it leaves room for long-term expenses that are irregular in nature. So, you can make sure to budget for these expenses before they occur.

filled budget worksheet

12. Free Budget Binder Printables from The Frugal Foot Doc

This free collection of budget printables includes:

  • A blank monthly budget template
  • Spending log
  • Bill checklist
  • Due date calendar
  • Cash envelope template

free printable budget templates

13. Family Binder Budget Printables from Clean and Scentsible

This set of budgeting printables includes a budget at a glance, a budget overview, and a monthly budget tracker page. Use the one that works best for you, or use all three.

budget tracker, budget overview, budget at a glance

14. Free Printable Budget Templates from Bobbi Printables

I love the simplicity of this budget template. It comes in 3 different colors and includes areas for income, savings, fixed and variable expenses.

monthly budget planner blank

15. Budget Template from LW Vogue

Here’s a simple budget template perfect for beginner budgeters. It includes the basic budget categories to help you keep track of your spending.

family budget template

16. Monthly Budget Printables from Scattered Squirrel

Scattered Squirrel has a ton of free home management printables on their site. Including this set of blank budgeting templates for a yearly family budget.

collection of blank budget templates

17. Free Family Budget Printable from A Spectacled Owl

This next printable includes my favorite colors and includes space to chart financial goals as well as progress made on those goals.

colorful budget template

18. Simple Budget Template from A Cultivated Nest

Another super simple budget printable that is designed to give you an overall view of your spending in each category rather than a breakdown of spending within those categories.

simple budget template

19. Free Printable Budget Worksheet from My Frugal Home

Here’s a comprehensive monthly budget worksheet that thoroughly breaks down virtually every possible expense in each budget category. I’m amazed at all of the information contained in this single page printable!

detailed budget template-labeled

20. Free Budget Worksheet from Budgets Made Easy

The easy monthly budget pdf below is left blank so you can customize it with your personal budget categories and totals. I like that there is a dedicated space to track sinking funds because irregular expenses have a way of sneaking up on us and ruining our budgets!

simple budget template-unfilled

Budgeting Apps And Spreadsheets

Take your budget everywhere you go with a budgeting app or spreadsheet. You can even use a combination of free printable budget templates along with one of the budgeting tools listed below. When it comes to budgeting, you can never be too thorough!

Microsoft Office budget templates

Does Excel have a budget template? Yes, yes they do. In fact, Excel offers a bunch of free and paid budget template spreadsheets for you to plug in your numbers and see your finances at a glance.

These templates are free with a Microsoft 365 subscription, and for a fee without the subscription.

Screenshot of excel budget templates

Google Sheets budget templates

Google Sheets also offers a simple budget template which gives you a snapshot of your finances. In addition, a quick Google search of ‘Google budget sheet templates’ will yield tons of custom-made templates for you to choose from.

screenshot of Microsoft budget template

Tiller Money ($6.58 month)

tiller ad

Tiller Money combines the automation of an app with the flexibility and control of a spreadsheet. 

How it works: Tiller automatically links your financial accounts to Google Sheets or Microsoft Excel so you can stay up-to-date on your personal budget.

monthly spending worksheet

Empower is not exactly a budget app, it’s more of a net worth tracker with a budgeting component built-in. If you have multiple investments and savings accounts to stay on top of, you NEED Empower!

Mint is a free app that helps you plan ahead for larger purchases as well as keep track of monthly expenses. The Mint app offers lots of free charts and graphs so you can easily compare expenses from one month to the next.


Everydollar is a free budgeting app by Dave Ramsey which utilizes the zero-based budgeting method. It’s an easy-to-use basic app that works much like the paper budget templates in this post, but in digital format.

YNAB ($11.99 month)

You Need A Budget (YNAB for short) is an app that helps you gain control of your money. You can try it free for 34 days.

How it works: YNAB compiles your financial data into one easy-to-use format which you can access anytime across any device (it even works with Alexa). The app encourages you to set financial goals then motivates you to achieve those goals. If you’re a visual learner (like me), you’ll enjoy all of the eye-catching charts, graphs, and progress bars.

I hope these free printable budget templates are helpful to you!

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Personal Monthly Budget

Download our free monthly budget spreadsheet and get your personal finances under control. Compare your budget and actual spending on a monthly basis. Also try our yearly personal budget to make a budget for an entire year. If you have a family, try our family budget planner for a more detailed set of budget categories.

This spreadsheet helps you compare your monthly budget to your actual expenditures, and can be printed on a single page in portrait orientation. The difference between your budget and actual spending is calculated and formatted to make it easy to find out where you may be overspending.

Personal Monthly Budget Spreadsheet

Other versions.

License : Private Use (not for distribution or resale)

"No installation, no macros - just a simple spreadsheet" - by Jon Wittwer


To use this template, just fill in numbers that are highlighted with a light-blue background (the Budget and Actual columns). Some numbers are included in the Home Expenses category as an example, but you'll want to replace those numbers with your own.

The purpose of this type of budget worksheet is to compare your monthly budget with your actual income and expenses. You record your desired budget for each category in the "Budget" column. This represents your goal - you're trying to keep from spending more than this amount. At the end of the month, you record in the "Actual" column how much you really spent during the month.

For a more detailed set of budget categories, see the Household Budget worksheet. See our articles Make a Budget and 5 Basic Budgeting Tips if you are just getting started or new to budgeting.

Using the Personal Monthly Budget Template

The calculations in the "Difference" column are set up so that negative numbers are bad. 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. 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 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. If your Net is negative, that means you have overspent your monthly budget.

Adding or Removing categories : You need to be careful when adding or removing categories, to avoid messing up the formulas used for calculating the totals. After making a change, you should check the formulas to make sure they are still correct.

More Budget Spreadsheets

  • Money Manger - A more advanced budget management tool for Excel
  • Personal Budget Spreadsheet The 12-month version of the above spreadsheet.
  • Household Budget Spreadsheet (monthly) - More detailed and includes child expenses.
  • Family Budget Planner A yearly budget planner, with the same categories as the household budget spreadsheet.
  • Home Budget - Our original selection of home budget worksheets.

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32 Printable Monthly Budget Templates: Free Budget Planners

Lauren Bedford

It’s the end of the month—time to ration your bread and butter, avoid social events, and guard your bank account like a tiger mom.

But what if you could have some extra zeros in your account before payday?

With a monthly budget template, you can put your finances under the microscope, cut back on unnecessary expenses, and save those extra dollars.

And lucky for you, there’s a budget template for every need and preference. So let’s dive in and turn your financial frown upside down.

Why having a budget template is important.

Our complete guide to monthly budget templates.

How budgeting can help you take control of your finances .

Free Budget Calculator

Best Personal Finance Tools

Free Weekly Budget Template

Free Monthly Budget Template

Free Home Renovation Budget Template

Top Free Monthly and Weekly Budget Planners

Why Do You Need a Monthly Budget Template?

A monthly budget template is a tool that helps you track your income and expenses for a specific time.

It typically includes categories, like housing, food, and transport , and lets you check your expected and actual expenses.

It’s like having a map when you’re lost in the woods. Without it, you can wander aimlessly, get lost, and end up hungry and broke.

But with a monthly budget template, you can plan your spending, avoid overspending , and have enough left over for a midnight snack.

And don’t just take our word for it—a recent survey found that about 90% think everyone should have a budget, and around 85% say they already use one.

The best budgeting advice is to pick a strategy and start today. It doesn’t have to be perfect right away—try a budget out for a few months, and if it doesn’t work out, try something different. I also recommend finding a buddy when first starting to give you a motivational boost. Jeremy Grant, Founder of Knocked-up Money

Time to find the best monthly budget template for you—

1. Printable Monthly Budget Template: Life and My Finances

monthly spending worksheet

Budgeting doesn’t have to be complicated—you can take control of your finances and afford that vacation if you do it right.

Our easy-to-use monthly budget template lets you keep tabs on your spending goals and track any expenses .

Our budget sheet includes estimates, actual monthly spending, and charts to see how you’re doing.

And if you like to stay on top of your finances every day, our calendar view lets you keep track on a daily basis.

You can also get your hands on the fully automated monthly sheet . It does all the work for you, so it’s easier than the printable version—and it comes at a bargain of less than $5.

2. Weekly Budget Template: Life and My Finances

monthly spending worksheet

Looking for a simple and effective way to manage your weekly budget?

We’ve equipped our free weekly budget template with everything you need to make sense of your day-by-day finances.

This tool is great for those who get paid weekly as it helps you think about the long term and what your budget should look like.

For that special touch, you can personalize everything to fit your needs. And you can even grade yourself on how you’re doing with your spending.

You can also get the fully-automated weekly budget from Etsy for less than $5. It’ll save you a bunch of time doing all the calculations and take away the stress from saving.

3. Spending Comparison Spreadsheet: Life and My Finances

monthly spending worksheet

Our spending comparison sheet lets you see exactly how much you spend each month.

All you need to do is enter your monthly take-home pay and current payment amounts for each category.

The sheet is also a fun way to see how you’re spending vs. your rich counterparts. It gives you the chance to compare and make smart spending decisions like the rich do (you might even see your own dollars stacking up).

4. Simple Monthly Budget Template: Bobbi Printables

monthly spending worksheet

With this budget planner template, you can easily keep track of your income, savings, and expenses .

No more guessing or confusion—you’ll have a clear picture of where your money is coming from and where it’s going.

And don’t worry about paper size—the free Bobbi Printables template is designed to be A4, but you can adjust your printer settings to fit your preferred paper size.

This monthly budget planner is also available as an editable spreadsheet template . So whether you’re a paper-and-pen kind of person or a tech-savvy spreadsheet master, you’re good to go.

5. Bi-weekly Budget Template: Jren Digital

monthly spending worksheet

If you receive your pay bi-weekly, we’ve got just the thing for you.

The Jren Digital spreadsheet costs less than $7 and is designed for biweekly paydays , so you can track your cash flow and avoid overspending before payday.

The template comes with automated bi-weekly paycheck dates and a smart bill calendar—saving you a ton of time by entering your income and bills just once.

There’s also a handy expense tracker, so you can see how much you have left to spend as you log your expenses.

6. Monthly Budget Planner: Tiller

monthly spending worksheet

The Tiller monthly budget calendar is a minimalist spending tracker for Google Sheets.

They offer a simple monthly calendar view, so you can set your spending target, track your spending, and see how much you have left to play with at the end of the month.

Using it is as easy as 1-2-3: Just pick the year and month you want to track, enter your monthly spending target, and choose how you want to gather your daily expenses.

While the spreadsheet is free to use, it’s designed for spreadsheets automated by Tiller , where you need to pay a $79 subscription fee for the services.

7. Google Sheets Budget Template: Aspire Budgeting

monthly spending worksheet

Are you tired of manually tracking your finances?

Aspire Budgeting offers well-designed spreadsheets and automatic transaction importing.

The template lets you easily track your finances in Google Sheets for just $79 a year.

They check all your accounts for new transactions, so your budget is always up to date. And you can categorize transactions on your schedule, so you can focus on the things that really matter (like taking those extra long lunch breaks).

8. Excel Personal Budget Template: Vertex 42

monthly spending worksheet

The Vertex 42 Excel budget template lets you easily track your income and expenses using their range of categories.

And if you’re saving for that trip to Florida next year, you can also use the spreadsheet as a yearly budget planner.

And no worries if you don’t have Excel—you can also use the template on Google Sheets and OpenOffice, which are totally free.

9. Easy Budget Template: Mint

monthly spending worksheet

Managing finances can be a headache at the best of times.

Luckily, Mint offers this easy-to-use budget template to give you a simple and organized way to track your finances .

The template offers categories for your income and expenses, so you can easily track how much money is coming in and out.

But one of the best features is that they already set the framework for you, which is a huge time-saver. And you can set up a budget in their free budgeting app.

10. Personal Budget Template:

monthly spending worksheet

This personal budget template not only lets you view your spending for the current month but also makes a plan for next month (talk about killing two birds with one stone).

Just remember that not all expenses occur every month—so for all those pesky bills and expenses that come around less often, you can simply jot them down in the “Other expenses this month” category.

11. Beginner Budget Template: Savor and Savvy

monthly spending worksheet

As a beginner, it’s tough to get into the habit of budgeting.

The free Savor and Savvy beginner budget template is easy to use for anyone , though—from first-time budgeters to seasoned savers (and even newlyweds joining checkbooks).

Using the worksheet is a piece of cake—just jot down your expected income, expenses, and the dates they’re due.

There’s even space for helpful notes, so you can set yourself reminders and never forget about that dreaded heating bill again.

12. Cute Budget Template: Printable Crush

monthly spending worksheet

Budgeting is great for your bank. Tracking your dollars using an aesthetically pleasing template is even better (it’ll look cute stuck on your fridge).

Printable Crush offers a range of colorful, printable budget sheets that are perfect for those struggling to stay on top of their finances.

And they aren’t just a pretty face—they also include spaces to track your expenses and keep an eye on any debt .

13. Online Budget Planner: YNAB

monthly spending worksheet

Time to put your increasingly concerning screen time to good use.

The YNAB online planner lets you account for every dollar , so you can clearly check out your financial plan and make the most out of your money.

And let’s not forget about those non-monthly expenses—like car repairs and pet grooming.

With the YNAB Method , you can break these budget busters down into smaller monthly chunks (and just for $99 a year).

14. Printable Budget Planner: Moritz Fine Designs

monthly spending worksheet

If you’re tired of unexpected expenses throwing a wrench into your budget, you could try out the Zero-Based Budget .

With this approach, every expense must be counted for, with your income being put towards debts and expenses until the total balances out to zero.

Sounds intense, but it’s easier than you think.

Just grab the Mortiz Fine Designs free budget template and enter your income information. You can go through any expenses and debt and—eventually—you’ll nail your budget month after month.

15. Company Budget Template: Workfeed

monthly spending worksheet

As a business owner, your goal is to bring in the big bucks. And that’s where a budget plan comes in—it’s like a crystal ball that tells you whether you’re making money.

With the Workfeed business budget template, you can forecast your financials for the next two years without any financial background.

Just follow the steps, and you’ll have a clear overview of your revenue, expenses, cash flow, VAT, assets, and liabilities.

16. Financial Planner Template: Printable With Lisa

monthly spending worksheet

If you want the keys to financial freedom, it will take more than just jotting down your expenses.

The Printable With Lisa budget planner comes with weekly, bi-weekly, and monthly versions for less than $15.

You’ll also get your hands on spending trackers, financial goal sheets, and bill and debt trackers.

The planners also come with a yearly overview and a blank twelve-month calendar, so you can get to grips with the bigger picture.

17. Business Budget Template: Vertex 42

Running a business means there’s a lot on your plate.

But having a budget is the key to making important decisions about your company’s growth, salary, assets, and even bankruptcy prevention.

The Vertex 42 business budget spreadsheet comes with an Income Statement Template.

This way, you can keep on track and make sure you don’t lose sight of your financial goals.

You also have the choice of two sample budgets—one for service providers and one for retailers, manufacturers, and publishers.

18. Small Business Budget Template: Smartsheet

monthly spending worksheet

This small business template includes not one, not two—but three budget planners: one for monthly income, another for tracking monthly expenses, and a third for recording cash flow balances .

By using the Smartsheet template to create and manage your budget, you’ll be able to see how close you are to reaching your financial goals.

With a clear overview of your finances, you can make smart decisions about your small business’s future (maybe expansion is on the horizon).

19. Budget Tracker Template

monthly spending worksheet

With preset personal budget categories, the free Saving Dollars & Sense printable budget worksheet breaks down your income, expenses, and savings.

It’s the perfect tool to help you stay organized and focused on your financial goals.

But what sets this budget planner apart is its user-friendly layout—say goodbye to confusing spreadsheets and hello to a simple, easy-to-use planner that will help you manage your money with confidence.

20. Spending Tracker Spreadsheet

monthly spending worksheet

Got a little carried away at Target again?

Use the free Frugal and Thriving expense worksheet to note any expenses (no cheating).

By recording your expenses, you can then analyze them to get a clear picture of your spending patterns.

But what about tracking expenses on the go?

There’s also a second printable expense tracker, designed to be cut out and folded into wallet-sized convenience so that you can easily keep tabs on your spending as you load up that shopping cart.

21. Bill Organizer Budget Spreadsheet: Samplewords

monthly spending worksheet

The darkest times come when you can’t pay your electricity bill.

Avoid any nasty surprises with this budget organizer, which lets you note any debt payments, including mortgages , credit cards , auto loans, utilities, and insurance .

And don’t stress about all those numbers—this Samplewords budget Excel template automatically calculates the totals of each category, the number of bills paid, and any cash left over.

22. Monthly Expenses Template: Evernote

monthly spending worksheet

With just a click, you can set up a monthly expense sheet and start putting a microscope on exactly how you spend your money.

The Evernote planner lets you identify areas where you can save more by adding your income and any expenses for rent, groceries, eating out, and more.

You can also fill in what you plan to spend in the “expected” column for each expense.

Then—when your spending is done for the month—fill in the “actual” and “difference” columns to see if you’re staying on track.

23. Savings Tracker Template: Light Room Presets

monthly spending worksheet

You need a new fridge, but that money just keeps disappearing from your bank account (I’m sure those new shoes had nothing to do with it).

Well, with this free Light Room Presets worksheet, you can stay on top of all your expenses and stick to your budget.

There’s a handy section to jot down your savings goals, where you can record your starting and ending balance each month to see if you’re close to your target. You’ll be enjoying the sweet taste of ice-cold water in no time.

And if you’re serious about saving, check out the best savings accounts .

24. Household Budget Template: Stay-at-Home Mum

monthly spending worksheet

If you have kids (or a food-loving partner), you’ll know that a household budget can make all the difference to your finances.

This Stay at Home Mum template comes with spaces for income sources and a tracker for your bills.

And no matter what goes on at home, this template includes brainstormed categories to fit everyone’s needs—this includes utilities, health, school, and expenses for your furry friends.

25. Family Budget Template: Wondermom Wannabe

monthly spending worksheet

You’ve always wanted to take your kids to Disneyland—but the mounting grocery bills and unexpected car repairs have put the brakes on that.

To help you visualize your goals and track your progress, try using the free Wondermom Wannabe savings goal worksheet.

Simply write down how much you plan on saving each month for each category and your goal for the end of the year. Your kids will be singing Bibbidi-Bobbidi-Boo before you know it.

26. Grocery Budget Template

monthly spending worksheet

Do you find yourself throwing away leftover food every week? Turns out your kids aren’t the biggest fans of apples like you thought—and that money could have gone towards the monthly bills.

Money Saving Central offers a free printable meal plan and budget so you don’t spend extra on fruit that will only ever make trips to the office and back.

The grocery budget is weekly, so you can use it to plan your meals and work out the estimated costs.

27. Couples Budget Template: Light by Lemon

monthly spending worksheet

Say goodbye to financial bickering with this couple’s budget spreadsheet template from Light by Lemon .

It’s pretty simple, with everything you need on one page for less than $4. Plus, the formula cells are locked and colored grey to avoid accidental deletion.

The spreadsheet comes with three main components: the Shared & Personal Monthly Budget, the Potential Savings Calculator, and the Savings Goal Calculator (which helps you determine how much money you need to save each month to reach a certain savings goal).

28. Teen Budget Worksheet: Family Education

monthly spending worksheet

Want to teach your teen the value of money (and get them off your case for the new iPhone)?

This Family Education monthly budget worksheet is designed to help your teenager organize their expenses and savings.

Simply download the sheet and save it to your desktop. Your teen can then type in their monthly expenses and income, and the sheet will automatically calculate their budget.

And best of all, it’s completely free.

29. College Budget Template: College Life Made Easy

monthly spending worksheet

It’s no secret that college isn’t cheap.

Designed specifically for college students, this free College Life Made Easy budget template includes a place to write down your income, savings, and expenses.

And no worries if you’re not majoring in finance—this budget template is easy to use and simple to understand.

Plus, with a clear overview of your cash flow, you’ll be able to make better decisions about your spending and still have enough for the odd party (or five).

30. Event Planner Budget Template: Hopin

monthly spending worksheet

If you want to turn event dreams into a reality, look no further than this free Hopin event budget template.

This event budget template takes the guesswork out of budgeting and lets you focus on bringing your unforgettable experience to life.

Once you’ve created your event brief, it’s time to get down to the nitty-gritty of budgeting.

This all-in-one event budget template lets you assign actual spending to all aspects of your event, so you know you’re racking the right expenses.

31. Wedding Budget Worksheet: Bridal Musings

monthly spending worksheet

Bridal Musings has created two spreadsheets to make your wedding planning a breeze.

First up is the free comprehensive wedding budget spreadsheet that’ll help you estimate costs in the initial stages of planning.

Looking for something even more comprehensive?

There’s also the all-in-one wedding planning spreadsheet for $105 (with regular discounts). This includes everything from guest lists to seating plans and food and drink calculators.

32. Travel Budget Template: Vertex 42

monthly spending worksheet

Don’t let finances put a damper on your vacation plans.

By using this Vertex 42 travel budget template, you can list all of your travel expenses and estimate your total costs.

The template is easy to use—simply enter a quantity and unit cost for each item. The top section lets you set a total budget.

As you enter your travel costs, you can quickly see where your money is going and if you’ll have any extra or need to adjust your budget.

Planning your next vacation? Check out our ultimate bucket list items for more travel ideas.

Key Takeaways

A budget can help you track your spending, save up, and take control of your finances.

Our monthly budget template promises to simplify the process and help you keep an eye on your money goals.

And remember—if at first you don’t succeed, try again (it’ll be worth it).

What is the 50-30-20 rule?

The 50/30/20 rule is a simple budgeting guideline that can help you manage your money in a balanced way.

The rule says that you should spend 50% of your income should go to necessities such as rent, utilities, and groceries.

The 30% should be allocated to spontaneous spending like dining out or shopping.

The other 20% of your income should be saved or invested in long-term goals such as retirement or building an emergency fund.

This rule can be a helpful starting point for those new to budgeting or who want a quick and easy way to get started. While it may not work for everyone’s unique financial situation, it can be a useful guideline to help you keep tabs on your spending.

Use our free budget calculator to maximize your savings.

How to make a budget spreadsheet?

Create a budget spreadsheet easily with these simple steps:

Open a blank spreadsheet in Excel or Google Sheets.

Label the first row with your budget categories (e.g. rent, gas, groceries).

Label the first column with the months of the year.

Enter your estimated monthly costs for each category.

Use formulas to automatically calculate totals and remaining balances.

Add charts or graphs to visualize your spending habits, then customize the spreadsheet to your preferences.

A well-organized spreadsheet can help you understand your spending habits and improve your finances.

And if you want to save time, here’s our free monthly budget template .

What is the 70 20 10 rule budget spreadsheet?

The 70/20/10 rule budget spreadsheet is a budgeting guideline that can help you allocate your income.

You should aim to allocate 70% of your income towards necessities such as housing, utilities, and groceries.

The 20% should be put towards financial goals such as debt repayment or retirement savings.

And 10% of your income goes towards personal goals such as travel or hobbies.

This budgeting method helps prioritize necessities while allowing room for personal and financial goals. Using a budget spreadsheet can help you track your progress and make adjustments along the way.

Take a look at the top free monthly and weekly budget planners .

How to start a budget for beginners?

Starting a budget for beginners is easy with these simple steps:

Determine your net income (income after taxes).

List your monthly expenses (be sure to include everything).

Categorize your expenses (e.g. housing, food, transportation).

Calculate how much you spend in each category.

Compare your expenses to your income to see where you can make cuts.

Create a budget plan and track your progress.

By creating a budget plan , you can better understand your spending habits and identify areas where you can save money. This is a great way to start building a strong financial foundation for the future.

What’s the best monthly budget planner?

Our monthly budget planner is ideal for both budget newbies and seasoned savers.

The template contains a budget estimate, various categories, and actual monthly spending. Our budget charts also make it easy to track your finances.

If you want even more control, you can also try our weekly budget planner . Our template lets you customize the tool to meet your specific requirements for a personalized touch.

How to create a budget in Excel?

Creating a budget in Excel is easy with these simple steps:

Open a new workbook and create a new sheet.

Label your income and expense categories in separate columns.

Enter monthly estimated amounts for each category.

Use formulas to calculate totals and remaining balances.

Create a chart to visualize your spending habits.

Customize your budget sheet to your liking.

Excel offers many features to help you build a detailed and organized budget that works for you.

Check out our weekly budget template that can be used on both Excel and Google Sheets.

How do you use a budget template?

Firstly, you can choose a template that suits your needs and download it. Start by inputting your income and expenses into the corresponding cells.

Once you’ve done your calculations, check your totals to ensure you’re not overspending. And if you think your goals aren’t realistic, feel free to adjust your spending if necessary to stay within your budget.

Using a budget template helps you keep track of your spending, prioritize your expenses, and avoid overspending. It also lets you see where your money is going and make necessary adjustments to improve your financial health.

Americans Are Budgeting More Than Ever. (n.d.). . Retrieved June 7, 2023, from

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50/30/20 Budget Spreadsheet: How To Use the 50/30/20 Rule


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Budgeting Calculator

Components of the budget.

To use this calculator, input your income and expenses above. Each expense area is broken into subcategories. Click the plus sign to see the subcategories. If you see an “i” next to the subcategory name, you can hover over that to see a guideline for what that number might be if you don’t have the exact figure at hand. 

Here are the general categories of income and expenses you’ll input: 

  • Income : Your total take-home income, including any money you earn from side hustles, alimony, child support, part-time jobs, etc.
  • Housing : Your rent or mortgage payment. You can also account for other necessary housing-related expenses, like utility bills, homeowners or renters insurance, and maintenance bills.
  • Food : What you spend on food from the grocery store, eating out at restaurants, getting takeout, or meal delivery services.
  • Transportation : Public transportation like buses, but also car-related expenses, including your monthly loan payment, repairs, insurance, tolls, and fuel. 
  • Education : Tuition, supplies, fees, etc. for children in K-12 and adults going to college. Also include any student loan payments you have.
  • Personal and family : Cellphone bills, entertainment—including TV streaming services like Netflix and other subscriptions like Spotify—fitness, pet expenses, household supplies, personal care (haircuts, toiletries, etc.), and clothing. This category also includes debt payments (outside of mortgages and student loans) and vacation expenses.
  • Health care : This includes all the out-of-pocket costs for health insurance , dental insurance, and vision insurance, such as premiums (if they're not deducted from a paycheck), copays, coinsurance, and deductibles. It also includes medications, glasses or contacts, and the like.
  • Savings and investments : Money that you regularly save for an emergency fund or vacation fund, as well as long-term goals like college, retirement, and a home. 
  • Other : This is for all other expenses that don’t quite fit in any of the categories above.

Budgeting Calculator Results Explained

Here’s how to interpret what the calculator computes:

  • Total monthly income : This is the same as what you entered above. 
  • Total monthly expenses : This is the total amount of money you’re spending each month. Your goal is to make sure your expenses are less than your income so that you’re not relying on savings or debt to get by. 
  • Percentages of your budget : The pie chart shows the percentage of your budget each expense eats up. You can compare these with established guidelines, such as the 50/30/20 budgeting rule .
  • Remaining monthly funds : This is how much you have left each month. It’s the gap between how much you bring in and how much you spend. The bigger the gap, the better, because then you’ll have more money to save for big goals like retiring or buying a home. 

How To Use This Budgeting Calculator to Improve Your Finances

This budget shows you how you’re currently spending your money. That’s good for establishing a baseline, but you can take it a step further by playing around with the calculator and entering new numbers. For example, you can see how much you’ll have left over each month if you move to a cheaper apartment, spend less on groceries, or cancel that Hulu subscription.

Once you’re happy with how much money you have allocated to each category, you can write these numbers down as a guide, but don’t stop there. A plan is good in theory, after all, but it doesn’t become real until you actually follow it. Track your spending against your budget each month with budgeting software programs or apps, or even just pen and paper.

What To Do If Your Expenses Are More Than Your Income

If your expenses are higher than your income, know that you’re not alone. That said, it’s good to get your expenses under control if you can, because otherwise you’ll fall deeper into debt. Here are some things you can do:

  • Find ways to boost your income : Whether it’s working a side hustle or a part-time job or asking for a raise at your current job, finding a way to boost the income side of the equation can have the biggest impact of all. 
  • Review your spending : It’s easy to guesstimate your spending with the calculator above. But going through your bank statements to see what you really spend can help you find areas you can work on. 
  • Negotiate with creditors : If debt payments are pushing you into the red, reach out to your creditors. You can ask a lender for a modified payment plan or refinance your debt into more manageable payments. 
  • Do a no-spend challenge : Try to eliminate spending for a month (or several) on a problem area in your budget, such as clothing or entertainment. This doesn’t mean you deprive yourself of these things forever; it just normalizes not spending as much money on them and finding cheaper alternatives. 
  • Seek help : The National Foundation for Credit Counseling is a reputable nonprofit organization that offers financial planning help. You can get personalized budget assistance and help with more complicated things, like negotiating with your creditors or finding out which financial assistance programs you qualify for.  

Where To Put Extra Money If You’re Under Budget

If you have money left over at the end of the month, congrats! Now you can really move your financial situation forward. Here are a few things you can do—ranked by importance—with that extra money. 

  • Put it in your emergency fund : While you had a good month now, it probably won't always be that way. If you don’t have a fully funded emergency fund , this is a great place to put that money. 
  • Pay down debt : If you have debt, now’s a good time to knock some of it down. Debt with a high interest rate is generally better to pay off before lower-interest debt, since that’ll save you more in the long run. 
  • Save it for later : If you have a savings goal you’re trying to reach, such as saving for a house, that extra money can go a long way. You can also consider parking it in your retirement account. 

What Is a Budget?

A formal budget is a plan for how you want to spend your income. It can be as fancy as a spreadsheet or software program or as simple as a list of income and expense categories and amounts written on a sheet of paper. It’s a way to make sure you’re not spending more than you’re earning and that you have enough left over to reach your financial goals.

Without a budget, it’s easy to lose track of spending and have nothing left to show for your hard work. Budgets solve that problem by giving you a plan to stick to. 

Benefits of Using a Budget

There are a lot of reasons to use a budget:

  • Less stress : Even though budgets can be challenging at first, in the long run they can lower your stress by helping ensure you’ve got all your expenses covered and can save for the future. Money is cited as a source of stress for most people, and budgets can help to solve these financial problems over time. 
  • Prepare for emergencies : Your budget should include saving for an emergency fund that can keep you from going into debt if you lose a job or have an unexpected expense.
  • Reach your big financial goals : Budgets make sure you have enough for your everyday spending and those longer-term goals that are hard to save for.
  • Better credit score : Budgets can help you plan your debt payments each month. By paying on time, you’ll see your credit score rise over time.

Tips for Sticking to a Budget

Sticking with a budget isn’t always easy. Here are some tips for how to stay with it:

  • Reframe it as a “spending plan” : The word “budget” has a negative connotation for some of us. It sounds like your parents lecturing you when you were a child. So instead of thinking of it as a “budget,” think of it as a “spending plan” to help you get where you want to go. 
  • Do it often : It’s harder to keep up with your budget if you wait too long between check-ins, because it’ll be harder to track down expenses and make sure everything adds up. Getting in the habit of checking in on your spending—like every week—can be a big help.
  • Reward yourself : Give yourself a little extra motivation to follow your budget by setting up a rewards system. For example, if you’re under budget or if you keep up with your budget for a few months in a row, you can reward yourself with something you can afford and appreciate.
  • Set budget date nights : If you have a spouse or partner, make a point to check in with them regularly. You can even set up fun “budget date nights” so it’s not a chore.  

Other Budgeting Tools

Budgeting is tough, but the good news is that there are lots of tools that can help you. Here are a few places to get started:

  • Budgeting apps : If you use your smartphone a lot, having a budget app to keep you on track while you’re on the go can be a big help. These apps often provide a quick snapshot and can link up automatically with your credit card or bank account for real-time updates. 
  • Budgeting software : If you prefer to dig into the nitty-gritty of how you spend, a budgeting software program can be a powerful tool to help you stay on track. 
  • Personal finance software : These programs go beyond your budget and show you your entire financial picture, such as your net worth, debt amounts, investments, and a lot more.
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How to Make a Monthly Budget

Courtney Neidel

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

Over the course of 30 days, you’ll likely get paid once or twice, buy groceries, purchase clothes and make a payment toward your rent or mortgage.

With all of these transactions happening within a given time frame, a month is the right amount of time to measure your budget.

Here’s how to make a monthly budget.

monthly spending worksheet

What is a monthly budget?

A monthly budget accounts for the money that goes in and out of your financial accounts over the course of one month. (If you want to plan for everyone in your household, create a family budget .)

A good monthly budget should follow the 50/30/20 rule. According to this method, your monthly take-home income is divided into three categories: 50% for needs, 30% for wants and 20% for savings and debt repayment.

How to make a monthly budget

You can use a budgeting app to make a monthly budget for you, or you can make one yourself. Here’s how to design your own 50/30/20 plan in three simple steps.

1. Use a 50/30/20 calculator

A budget calculator will do the math so you don’t have to divide dollars and cents. Try out the one below for yourself. Input your monthly after-tax income to get rough estimates for your spending on wants, needs and savings.

2. Account for your expenses

Next, look at your current spending to see which expenses should be part of your monthly budget. For instance, your wants category may include your recurring music subscription, the movie tickets you buy and other things that fall outside of needs or savings/debt repayment. For a detailed list of possible budget categories, check out our list of monthly expenses .

3. Fill out a monthly budget worksheet

Ready to get started? NerdWallet’s budget worksheet is a good place to begin. Fill in the categories and automatically see how your spending maps up to the 50/30/20 rule. Make adjustments until you get to your desired levels. If you prefer to use Excel, there are lots of free budget spreadsheets and templates available online.

However you create your monthly budget, there's a chance you'll struggle to stick with it. If you're feeling stuck, try these budgeting tips to get back on track.

monthly spending worksheet

What’s next?

Track your expenses for free with NerdWallet .

Learn which expenses to list in your monthly budget .

Find your net worth .

On a similar note...


on Capitalize's website

monthly spending worksheet

Manage your household budget in Excel

Creating a budgeting plan for your household can feel overwhelming and hard, but Excel can help you get organized and on track with a variety of free and premium budgeting templates .

Get a lay of the land

Senior woman receiving help with her finances from another person

The purpose of a household budget is to summarize what you earn against what you spend to help you plan for long and short-term goals. Using a budgeting spreadsheet can help make your financial health a priority by keeping spending in check and savings on the rise!

DIY with the Personal budget template

Prefer to do things yourself? This Excel template can help you track your monthly budget by income and expenses. Input your costs and income, and any difference is calculated automatically so you can avoid shortfalls or make plans for any projected surpluses. Compare projected costs with actual costs to hone your budgeting skills over time.

> Get this personal budget template

Screenshot of Excel personal monthly budget template

Tip:  Track monthly expenses Utilities, credit cards, and insurance are billed monthly, so the easiest way to keep an eye on expenses is to determine how much you spend on a monthly basis.

Tip:  Pay attention to variable expenses While gas and phone bills generally don't vary in amount month over month, other expenses, such as dining out or clothes shopping, can vary wildly.

Categorize expenses

Couple using a laptop while working on their home finances

Now that you have an overall idea of monthly expenses, it's time to categorize them so you can review your fixed, variable, and discretionary expenses.

Tip:  Variable expenses You can't do without variable expenses, but they can fluctuate from month to month. Such expenses include groceries, car maintenance, electricity, and water usage.

Set your goals

Small plant in a jar of coins on a table

Once you have a good idea of how much money is coming in versus what you're spending, you can start prioritizing for your short and long term goals.

Tip:  Keep your wedding options open Consistent review of your finances helps you figure out if you've saved enough to purchase an item that's essential or just "nice to have." Do you need that rose archway for your wedding procession or just really want one? Either way, be sure to track this against your goals. > Floral wedding budget

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LinkedIn Learning: Create a simple budget in Excel

Food Budget Template


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Personal budgeting templates for achieving your financial goals

Whether you want to track your income and expenses, save for a specific goal, or plan for the future, these easy-to-use personal budgeting templates will help keep your finances in check..

Household budget Microsoft Excel template surrounded by 3D design elements

Free personal budgeting templates for managing your money

Maintaining your financial health is important, especially if you’re planning on making a large purchase someday like a car or a house. Most people don’t know where to start when it comes to personal budgeting. Luckily, you can use these free personal budgeting templates to help you save time and money. Easily customize any of these budget templates in Microsoft Excel —feel free to change the font, graphics, and more to make your budget feel more personal. Once you’ve added the finishing touches to your budget template, save it to your devices or print it out. Discover monthly budget templates, household budget templates, vacation budget templates, and more. These templates are easy to use—all you have to do is plug in the numbers into the spreadsheet. You can even use these personal budget templates to help teach your children the importance of creating a budget . Get started on your personal finance journey with a budget template today.

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Retired Money


By Margaret Montgomery on February 14, 2024 Estimated reading time: 1 minute

MoneySense’s free Excel template for your monthly budget

If you’re looking for a free Excel budget template in Canada, then this tool is for you. Start planning out your personal expenses now.


monthly spending worksheet


  • Click the link or image above to download the spreadsheet tool.
  • Open the file. Enter your personal and household expenses in the columns titled “Planned” and “Actual.” You can use the “Insert” function to add new rows or the “Delete” function to remove them as needed. The “Budget balance” table will calculate the total automatically, even if you delete rows or cells. Note: Avoid deleting the “Subtotal” row in each table, as this will affect the budget balance calculation.
  • If you customize the spreadsheet, be mindful of the formula in the “Budget balance” section. Remember to update it if you add another category to the budget, for instance.

Budget template spreadsheet has been updated as of Jan. 3, 2024.

More on  budgeting :

  • How to create a monthly budget: A step-by-step guide for Canadians
  • Debt demystified: How to calculate your debt
  • How Canadians can save money on gas, grocery, cellphone and other home bills
  • How to calculate your debt-to-income ratio—and why you should know this number

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About Margaret Montgomery

About Margaret Montgomery

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should I enter gross income or net?

Hi James, Thanks for your question. You should enter your net income. We will be updating the spreadsheet to reflect this.

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