They have two kids-one’s in school, and one’s in daycare. Between the two of them, they earn $2,000 a week. The single-male budget was pretty simple, but perhaps you’re interested in an example of a household budget with kids and pets. (Sidebar- We also offer debt snowball tools if you want to get out of debt.) Not good, Reggie.īy overspending in the month, his credit card balance went up, so his minimum payments will likely jump as well, making it even harder for him to stick to his $3,000 budget next month. He made $3,000 and spent $3,465 that month. Let’s say Reggie gets through one month of recording his actual spending.īy viewing the budget chart, it’s pretty clear Reggie overspent in “Auto,” and he blew it in “Food” and “Personal” as well (see the mountains of light-blue bars).īy looking at the table, you can quickly see he overspent in the following categories: Monthly budget example with actuals: The single guy Personal-he’s spending more on himself than he can afford, considering his income. He’s got student loans and credit card debt. Second, it looks like he’s overspending in the following categories:Īuto-his car payment is weighing him down.ĭebt payments-ideally, he shouldn’t have any. the monthly budget for this single guy.įirst, he’s not saving any money and not giving either (not good for his future or his personal well-being). He has no kids or pets, so we have zeroed out those sections. Here’s what this monthly budget example looks like: His other expenses are pretty common and straightforward. He spends about $150 a month on groceries and rarely goes out to eat. I’m certain I’m not alone.įree Budget Calculator (Excel For Single or Family Household Spending)įree Weekly Budget Template (Simple Budget Planner Spreadsheet)įree Monthly Budget Template (Simple Budget Tracker Spreadsheet)Īnd if you are interested in beefing up your savings, check out these posts for the best saving accounts:įirst up, the single guy (we’ll call him Reggie) with some pretty straightforward income and expenses: I was not paying attention to the budget-time to refocus and get back into it. Our savings accounts are dwindling, and I didn’t see it coming. My wife just called an emergency budget meeting. Vet bill for our dog (abscessed tooth): $1,500 These were our expenses in the last two weeks:įlight tickets for our February vacation: $1,500 I’m supposed to be super smart about money. See our articles How to Make a Budget and 5 Basic Budgeting Tips if you are just getting started or new to budgeting.I’m a personal finance expert. The help worksheet is much more detailed now. Percentages below the category totals show you what percent of the total family budget is going to that category. New in Version 2.0: The new graphs show your spending and savings balance over time. If you are moving or buying a home, you can analyze your budget to see where you may need to cut back to be able to afford an increase in rent or a higher mortgage. For example, if you are changing jobs, you can use the planner to estimate whether the increase (or decrease) in pay will still allow you to make ends meet. This free family budget planner worksheet will help you create a yearly budget by entering amounts based on the month in which expenses are incurred.īy creating a yearly budget, you can more easily predict how major life changes will affect your finances.
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