Monthly Budget Template in Excel
How to Properly Arrange the Budget Using a Template for Family
For you that already have a family, creating your budget for your family even by using a template can be crucial. You will be able to do a lot of things by creating a budget for your household. The budgeting itself can be separated into weekly, bi-weekly, or monthly budget. It will depend on your preferences. You can even discuss this with your family first. Usually, though, the budgeting will be done monthly to make it easier to calculate especially with the income (salary) that comes in monthly as well. You will be able to estimate the income and expenses that you have to pay for the household.
There are many different kinds of templates available that you could choose from. You can choose to do them manually on a book or even do them automatically by using a program on your computers, such as Microsoft Excel or Microsoft Word. With the technology that is around us these days, managing and planning your budget automatically might be easier since everything is already computerized. The summarizing, estimating, etc. are already done automatically on Excel as well. The program also has features that can be beneficial for you such as using rows, tables, columns, and many more.
To make it easier in creating your budget template for your family, you can separate parts into categories and sub-categories. Start with your highest priorities, such as the necessities (groceries, school matters for your kids, rent, etc.), for the less important ones, you can list them below your necessities.
Sample of Monthly Budget :
By doing them in detail, you will be able to see the income and expense of your household budget and you will also be able to estimate or plan it better for the future as well. If you think that you don’t have enough funds for the current month, you can save up more for the month after. If you are interested, you can easily download this type of template for free by clicking on the download link provided at the bottom of this page.
Monthly Budget Template in Excel | download