Monthly Expenses Sheet

Basic Monthly Budget Worksheet Everyone Should Have. A personal or household budget is an itemized list of expected income and expenses that helps you to plan for how your money will be spent or saved as well as track your actual spending habits. Though the word budget has taken on a more negative connotation over the years invoking an image of pinching pennies or limited spending, a budget is really just a tooland a great tool at thatto gain better and more accurate insight into your spending habits. By listing all of your sources of income against all of your monthly expenditures from required expenses like mortgage or rent payments to discretionary spending like eating out or going to the movies, you get a true picture of your personal cash flow, which will allow you to make better and more informed financial decisions. An accurate budget will also help you to answer that ever elusive question, Can I afford itHow to Use Your Monthly Budget Worksheet  Below is a worksheet that attempts to list possible sources of monthly income as well as expenses. As everyones financial situation is different, you may find that not every category is applicable to your income or spending. You may even find that some months are different than others, but you should find through going through this exercise you are better prepared for those changes and even accounting for unanticipated expenses. Though a monthly budget is generally the most reasonable timeframe for which to set up an initial personal or household budget, there are many sources of income and expenses that do not perfectly follow a monthly schedule. For instance, you may receive a paycheck every week or two weeks, not once a month. In that case, you will want to calculate how that adds up over one months time and write that in the appropriate row and column. Monthly Expenses Sheet TemplateYou may also have certain expected or even recurring expenses that occur more or less often than monthly. To account for those expenses like car insurance in your monthly budget, simply calculate the total expense for the calendar year and divide that by 1. Monthly-Expense-Sheet-Template.jpg' alt='Monthly Expenses Sheet Example' title='Monthly Expenses Sheet Example' />Write that number in the appropriate row and column. How to Complete Your Monthly Budget Worksheet. To begin, we suggest gathering all relevant financial statements like your pay stubs, credit card bills, and any other information that will inform the best and most accurate estimate of your expected income and spending. You will first complete the Monthy Budget Amount column to the best of your ability for the next month. Theses should be your best, informed estimates. Should a certain category not apply to you, you can simply leave it blank or enter a zero 0 in the box. This FREE Monthly Household Budget Spreadsheet will help you create your own, personal budget. The spreadsheet separates common expenses into fixed and variable. Time sheet is an important document that is used for the recording of work done by particular employee with actual completion time for the job. Over the course of the month, track your income and spending. At the end of the month, complete the Monthly Actual Amount column and compare it to your original estimates. Did you overestimate how much youd spend on clothing, but underestimate the amount youd spend eating out Record the difference. Though you do not need to go through this exercise every month, it is extremely helpful at the start as it helps you to develop the most accurate monthly budget to reference moving forward. Expense-Budget-Spreadsheet-Template-for-Business.png' alt='Monthly Expenses Sheet Excel' title='Monthly Expenses Sheet Excel' />For more help getting started, be sure to check out our How to Make a Budget Guide. Install Apache Tomcat In Debian Server on this page. Your Monthly Budget Worksheet. Net Income Worksheet Gross Income. Category. Monthly Amount. Wages, Salary, Bonuses. Interest Income. Investment Income. Other Income e. g., child support, alimonyNet Income Worksheet Taxes Withheld and Paycheck Deductions. Category. Monthly Amount. Federal Income Tax. State and Local Income Tax. Social Security and Medicare Tax. Employer Health Insurance Premium. Employer Retirement Plan Contribution e. Other. Net Income Worksheet TOTALCategory. Monthly AmountSubtract taxes and deductions from gross incomeExpenses Worksheet Home. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Mortgage or Rent. HOA Fees. Homeowners or Rental Insurance. Monthly Expenses Sheet In ExcelProperty Taxes. Home RepairsHome Maintenance. Home Improvements. Expenses Worksheet Utilities. Category. Monthly Budget Amount. Monthly Actual Amount. This video shows how to create a simple expense sheet in Microsoft Excel 2003 or later. Fields include total monthly billing expenses, monthly income and. CE OVERSEAS HOUSING ALLOWANCE Overview The Overseas Housing Allowance OHA is designed to partially offset housing expenses at overseas duty locations when Service. Title Excel Skills Monthly Cash Flow Forecast Template Subject Cash Flow Forecast Template Author designexcelskills. Keywords cash flow forecast, monthly. How to Pick the Right Monthly Budget Spreadsheet and Stick With It. Difference. Electricity. WaterSewer. Natural Gas or Oil. TelephoneData Plan. Cable TVInternet. Expenses Worksheet Food. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Groceries. Restaurants Fast Food. Coffee Alcohol. Expenses Worksheet Family Obligations. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Child Support. Alimony. Daycare Babysitting. Activities Lessons. Expenses Worksheet Health and Medical. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Health Insurance Premiums if not deducted from paycheck aboveVision Insurance Premiums if not deducted aboveDental Insurance Premiums if not deducted aboveUnreimbursed Medical Expenses Insurance Co Pays. Prescription and OTC Medications. Fitness e. g., Personal Trainer, Gym, YogaExpenses Worksheet Transportation. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Car Loan Lease Payments. Car Insurance. Gasoline. Car Repairs Maintenance. Public and Other Transportation Bus, Subway, Tax, Ride ShareOther Transportation Expenses e. Expenses Worksheet Debt Payments. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Credit Card Payment. Student Loan Payment. Other Loans. Expenses Worksheet Other Insurance. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Life Insurance. Expenses Worksheet Education. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Tuition. Textbooks. School Supplies. Expenses Worksheet Entertainment Recreation. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Computer Expenses. Subscriptions and Dues. Hobbies. Vacations Travel. Other Entertainment. Expenses Worksheet Pet Care. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Pet Food. Grooming, Boarding, Veterinary. Expenses Worksheet Personal Care. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Toiletries Cosmetics. Household Products. Clothing. Other Personal Care. Expenses Worksheet Savings and Investments. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. Retirement Accounts not deducted from paycheck e. IRAsBrokerage Accounts. College Fund. Savings Emergency Savings. Expenses Worksheet Miscellaneous. Category. Monthly Budget Amount. Monthly Actual Amount. Difference. GiftsDonation. Other Miscellaneous. Expenses Worksheet TOTAL EXPENSESCategory. Monthly Budget Amount. Monthly Actual Amount. Difference. Monthly Surplus or Shortage. Total Monthly Income Total Monthly Expenses Total Monthly Surplus or Shortage Income Minus Expenses Youve Completed the Budget Worksheet, What Now Should you find that at the end of the month that you are consistently spending more than you are bringing in, it might be time to take a closer look at where youre spending your money and adjust those areas you can to make up the difference. Should you find, on the other hand, that you consistently have money left over every month, you now have the opportunity to decide what to do with that extra cash. Do you need to build up an emergency or rainy day fund Could you be contributing more to your retirement savingsCould you pay certain loans off faster Or perhaps you would like to save up for a special or large purchase.