Sharing Expenses among Friends using Excel Download the household budget spreadsheetĬlick here to download the household budget excel file. Again, another technique from Sort and Display chart data automatically post. In this, the expenses are sorted from highest to lowest and grouped by category. There is an “analysis” worksheet where you can see some graphs based on your expenses. For this, Sovan uses Conditional Formatting. You can also highlight expenses above certain pre-defined amount. Sovan uses the circular reference formula technique we described in that post. As you enter the expense, the time stamp is automatically generated (read automatic timestamps in excel). Using this spreadsheet, you can track your expenses. So here they are, Household Budget Spreadsheet I immediately asked him if it is ok to share these files with our community and he is more than happy. Naturally I got excited to see such prudent use of excel. Sovan, one of our blog readers from Chennai, India, sent me 2 excel budgeting spreadsheets. But I am here to tell you fun ways to track expenses and household budgets using spreadsheets. So when we got our first job (did I tell you that both Jo and I started working in same company and sat in same floor? Oh, it was such a lovely time), we were very prudent and decided not to waste money on anything trivial (we still are, just that over last 6 years our earning capacity increased a bit and we became parents).Īnyways, I am not here to bore you about my household. Our upbringing has taught us value of money in the most effective way – by exposing us to not having any. PHD and I come from very modest backgrounds. Home Budget - Our original selection of home budget worksheets.At PHD household, we believe in using money wisely.Family Budget Planner A yearly budget planner, with the same categories as the household budget spreadsheet.Household Budget Spreadsheet (monthly) - More detailed and includes child expenses.Personal Budget Spreadsheet The 12-month version of the above spreadsheet.Money Manger - A more advanced budget management tool for Excel.After making a change, you should check the formulas to make sure they are still correct. If your Net is negative, that means you have overspent your monthly budget.Īdding or Removing categories: You need to be careful when adding or removing categories, to avoid messing up the formulas used for calculating the totals. The Monthly Budget Summary table in the upper right of the worksheet totals up all your income and expenses and calculates your Net as Income minus Expenses. So, if you spend more than you budgeted for, the value in the Difference column will be red - to help it stand out as a warning. The spreadsheet uses the accounting format where negative numbers are in parenthesis like (115.00), and conditional formatting is used to make the negative numbers red - red means bad in this case. The calculations in the "Difference" column are set up so that negative numbers are bad. Using the Personal Monthly Budget Template See our articles Make a Budget and 5 Basic Budgeting Tips if you are just getting started or new to budgeting. At the end of the month, you record in the "Actual" column how much you really spent during the month.įor a more detailed set of budget categories, see the Household Budget worksheet. This represents your goal - you're trying to keep from spending more than this amount. You record your desired budget for each category in the "Budget" column. The purpose of this type of budget worksheet is to compare your monthly budget with your actual income and expenses. Some numbers are included in the Home Expenses category as an example, but you'll want to replace those numbers with your own. To use this template, just fill in numbers that are highlighted with a light-blue background (the Budget and Actual columns).
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