Monthly Budget Template
A comprehensive template to track your income, expenses, and savings goals.
Template
How to Use This Template
This monthly budget template is designed to help you track your income, expenses, and savings goals. Follow these steps to make the most of this template:
- Start by entering your expected income for the month in the Income section.
- Fill in your planned expenses in each category.
- As the month progresses, record your actual expenses.
- Review the difference between planned and actual amounts to identify areas for improvement.
- Set savings goals and track your progress.
- Use the analysis section to gain insights into your spending patterns.
Remember to update this template regularly to maintain an accurate picture of your financial situation.
Income Tracking
Record all sources of income in this section:
| Income Source | Expected Amount | Actual Amount | Difference |
|---|---|---|---|
| Primary Job | $ | $ | $ |
| Secondary Job/Side Hustle | $ | $ | $ |
| Investment Income | $ | $ | $ |
| Other Income | $ | $ | $ |
| Total Income | $ | $ | $ |
Expense Categories
Track your expenses by category:
| Category | Planned | Actual | Difference |
|---|---|---|---|
| Housing (Rent/Mortgage) | $ | $ | $ |
| Utilities | $ | $ | $ |
| Groceries | $ | $ | $ |
| Transportation | $ | $ | $ |
| Insurance | $ | $ | $ |
| Debt Payments | $ | $ | $ |
| Entertainment | $ | $ | $ |
| Savings | $ | $ | $ |
| Total Expenses | $ | $ | $ |