Monthly Household Budget

This household budget spreadsheet is similar to our personal monthly budget template, but it is more detailed and has more budget categories. Our monthly budget templates are designed to allow you to compare your budget to your actual spending. Use our family budget planner or personal budget spreadsheet to create a budget for an entire year.

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Monthly Household Budget for Excel This monthly budget spreadsheet provides a detailed list of categories, including a main category for children, pets, business expenses, vacation, etc. Compare your projected budget to your actual expenditures. Easily determine where you are overspending. No Installation, No Macros

Download Now Cost: Free (For personal use) File Type: .xls Size: ~40 KB Required: Microsoft Excel® 2002(XP), 2003, 2007, OpenOffice, or Google Docs

Using the Monthly Household Budget Template

To use this template, fill in the cells highlighted with a light-blue background (the "Projected" and "Actual" columns). You'll want to replace the values in the Home Expenses category with your own.

The purpose of this worksheet is to help you compare your monthly budget with your actual income and expenses. You record your desired budget for each category in the "Projected" column. This represents your goal - you're trying to keep from spending more than this amount. At the end of the month, you record in the "Actual" column how much you really spent during the month.

The cells in the "Difference" column use conditional formatting to make negative numbers red. In this spreadsheet, the calculations are set up so that negative numbers are bad. If you spend more than you budgeted, the Difference between the Projected and Actual values will be negative, and if your Actual income is less than your Projected income, the Difference will be a negative number.

The Monthly Budget Summary table totals up all your income and expenses and calculates the Net as Income minus Expenses. If your Net is negative, that means you have overspent your monthly budget.

Adding or Removing categories: The household budget template contains a very detailed list of categories, which you may or may not need. If you add or remove any categories, just make sure that the formulas used for the totals don't get messed up.