In order to allocate the budget for the month to various kinds of expenses at the start of the month and keeping the check on the difference against the actual expense at the end of the month, you are required to use the personal monthly budget. With the help of this template, you can easily allocate the budget to the monthly expenses. It can also be very helpful in estimating the actual cost that a category has faced in the whole month.
All kind of income detail such as wages, interests, saving, and refunds can be stored in this template. It has the capability to hold the record of several categories and also the heads of the expense to cover all the expenses which a business can bear in the whole month.
MONTHLY BUDGET TEMPLATES
Using this template is a very easy task. You are just required to fill in the number and the calculations will be done very quickly. You can record your desired budget in the budget column. This column represents your goal. You can know how much you should spend each month. This budget column is prepared at the start of the month. Another column is for an actual budget. Here you can put the amount which you have spent the whole month.
Another column is the difference column which stores the values of the difference between the desired budget and actual budget. If you get the negative number, it shows that you have consumed more than the desired. You should be very careful in adding and removing the data as it can mess up the formula.
Download your file below.
PERSONAL MONTHLY BUDGET SHEET TEMPLATE
File Size: 58 KB