monthly household expense report template

MONTHLY HOUSEHOLD EXPENSE REPORT TEMPLATE HOW TO
MONTHLY HOUSEHOLD EXPENSE REPORT TEMPLATE UPDATE
MONTHLY HOUSEHOLD EXPENSE REPORT TEMPLATE DOWNLOAD

There are two key questions that can only be answered by creating a budget.

They are copied from the Savings & Investment category of every quarter.Ĭreating a budget enables you to answer two important questions: Do I spend more than I earn? and What can I afford to spend? It can also help you identify the items and categories where you may be overspending, but, most important, this budget template can help you make future financial decisions and concentrate on savings. Quarterly figures are automatically entered for you. You can also enter any savings you have made prior to the time you began using the budget. Savings' goal helps to set specific short or long term savings goals for various purposes, track your objectives as you create your monthly budget and display all accumulated information in simple to read graphs. Savings Goal is one of the latest additions to this template and our response to requests submitted by many users of our family budget planner. In fact, obtaining information this way will help to achieve certain budget or/and saving goals. This means that you will not have to wait for an entire year to get your budget results.

MONTHLY HOUSEHOLD EXPENSE REPORT TEMPLATE UPDATE

All amounts in this part of the spreadsheets are cumulative and will be updated every time you update your budget. Spending total and the results part: this is where you can see the estimated and actual spending for each category, including any differences and results for each quarter of the entire year. This makes things easier when entering the amounts that do not have monthly frequency, such as some subscriptions or utility bills you may receive quarterly or annual tax returns or simply any irregular payments. Monthly spending: I have divided an entire year into four quarters, in order to avoid possible confusion when you plan your budget.

TIP: Always plan to spend less to gain more, in other words, to save more.

This is usually is the first step in budgeting, since this helps to allocate amounts for the monthly spending and savings. Income part which is comprised of the fields for projected income and for the actual income. The family budget spreadsheet contains 3 main parts:

MONTHLY HOUSEHOLD EXPENSE REPORT TEMPLATE HOW TO

How to use a Family Budget Plannerįamily Budget Planner: it is a simple template that helps to track your budget monthly, quarterly and yearly. It is strongly advised to consult the qualified professionals regarding financial decisions.

Finally, start saving money and recording it gradually.Disclaimer - The spreadsheet and information on this page is intended for educational an illustrative purposes only.

Then print it out and stick it on your clipboard.

(Or probably cut from your other expenses). It'll automatically change the rest of the numbers below to get you an idea of how much you'll need to put aside each month.

Enter the amount you want to save eventually.

MONTHLY HOUSEHOLD EXPENSE REPORT TEMPLATE DOWNLOAD

Download and open the template in either Microsoft Excel or Google Sheets.

You can use it to save funds for your children's education, or probably something expensive that you always wanted to buy. And how much money you'll need to save each month to finally reach that goal. It'll help you set a final goal-the amount you're willing to save for yourself. Something to manage how much you should save each month and to keep you on track. Considering you're trying to keep yourself from unnecessary expenses, you should also have a savings tracker. By now, you've got a lot of different expense and income trackers.

Monthly household expense report template