Monthly Budget Templates

Download these 20+ Free Monthly Budget Templates in MS Excel format to assist you in preparing your own Budget easily and effectively.

Running your home is not easy because you have to fulfill needs of all family members within your budget. It is really very hard to keep them happy every time. Although it is difficult to keep all people happy but it is not impossible. With little bit planning you can do this effectively. You have to plan for monthly home budget in order to make sure that all desires of your family are fulfilled without taking any debt.

You have to plan your home budget effectively by considering your finances and needs of all members of your family. With an effective budget, you can easily plan for your future events such as education of your children, retirement plans and wedding of your daughter. Well designed monthly home budget will help you to achieve your short term goals. You can easily pay off your debt and deal with unforeseen emergencies.

Free Monthly Budget Templates

Here is preview of this Monthly Budget Planning Template,

Monthly Budget Template 01
Size: 8 KB
Monthly Budget Template 02
Size: 8 KB
Monthly Budget Template 03
Size: 23 KB
Monthly Budget Template 04
Size: 19 KB
Monthly Budget Template 05
Size: 9 KB
Monthly Budget Template 06
Size: 39 KB
Monthly Budget Template 07
Size: 34 KB
Monthly Budget Template 08
Size: 20 KB
Monthly Budget Template 09
Size: 174 KB
Monthly Budget Template 10
Size: 26 KB
Monthly Budget Template 11
Size: 47 KB
Monthly Budget Template 12
Size: 15 KB
Monthly Budget Template 13
Size: 46 KB
Monthly Budget Template 14
Size: 18 KB
Monthly Budget Template 15
Size: 13 KB
Monthly Budget Template 16
Size: 25 KB
Monthly Budget Template 17
Size: 46 KB
Monthly Budget Template 18
Size: 23 KB
Monthly Budget Template 19
Size: 77 KB
Monthly Budget Template 20
Size: 209 KB

Monthly Home Budget Format Guidelines

Perfect monthly home budget can increase your monthly saving and enable you to shop for different festivals without any trouble. In order make your work easy, I am going to share some tips to design monthly home budget:

Budget as Plan to Action:

Budget provides you a plan of action to deal with money shortage problems and enable you to manage your money in effective way. You can easily project your monthly expenses and income in a way to save some amount also. Saving is necessary in order to deal with sudden expenses such as illness, accident or any kind of repair.

Bills in Monthly Budget:

Start your monthly home budget planning by collecting your all utility bills, receipts and paycheck stubs. It is not necessary to have proper budget planning software because you can easily do your work in Excel Sheet on your computer. If you do not want to use computer software then you can simply use notebook or pencil.

Fixed Expenses in Monthly Budget:

Prepare a comprehensive list of your monthly expenses and include all those expenses that are fixed to pay in each month such as rent payment, household utility bills and insurance payments. Cell phone, credit card bills or any other expense that you have to pay each month should be included in this list.

Entertainment Expenses in Monthly Budget:

After determining expenses, it is time to estimate entertainment cost, child care or tuition fee, groceries and other items that are necessary to purchase each month. Your list should contain regular expenses such as lunch money and cost of gas. In short, you have to consider each and every expense in order to determine regular cost of living.

Income Sources and Monthly Budget:

Now prepare another list to state your income sources in order to estimate your total monthly income. It will help you to allocate specific amount to each category according to its urgency and needs.

Subtract total amount of expenses from your income to come to know either you are in the position to save some amount or to reconsider your monthly budget. If you get a negative figure then it is necessary to evaluate your budget again. You can cut some unimportant expenses or those activities that can be postponed to next month.

Have a saving account to deposit a fixed amount every month to meet with sudden emergencies.