free 12 month household budget template printable

Free 12 month household budget template printable update#
Free 12 month household budget template printable free#

You may decide to use the monthly budget template to track your daily spending. It’s possible to customize each template, but your options are relatively slim versus a Tiller Money spreadsheet. Annual budget tracker – List your monthly income and expenses by category to track your monthly progress.īoth sheets include basic how-to instructions to create your budget.You can compare your planned and actual benefits by category. Monthly budget – Log individual income and spending transactions.These are the two default Google Sheets budgeting templates: However, you must be willing to input each transaction manually to have correct figures. These barebones templates can help improve your spending habits without breaking the bank.

Free 12 month household budget template printable free#

This template has a tab for one person or two persons to compare each person’s income to their needs, wants and savings.ĭid you know that Google Sheets offers two premade templates? Both are free and similar to the Microsoft Excel budget templates you may already use. The 50/30/20 budgeting strategy can be easier to achieve if you live in a two-income household. Thankfully, there are simple ways to save money when you don’t have free time to pursue a side hustle.

Separating your necessary monthly expenses (needs) from your wants can be challenging at first. The remaining 20% for savings and extra debt payments should include saving for retirement and boosting your emergency fund. Your “wants” might consist of streaming plans and date nights. The 50/30/20 rule divides your cash into one of three categories:Įxamples of your “needs” include your minimum monthly loan payments, insurance and living expenses. You’re also more likely to be able to afford a one-time financial surprise or temporary pay cut without going into debt. Only spending half of your income on needs means you’re not living paycheck to paycheck. The “50/30/20 rule” encourages you to only spend half of your monthly income on necessary expenses. Most budgeting templates are a zero-sum budget where you assign a budget category for each dollar you earn. You can modify the income and expense categories to fit your personal spending plan.Ĭheck out our Free Budget and Financial Planning Printables as well.

Expenses – Groceries, giving, “His” and “Her” spending, vehicle and gas, etc.

Housing expenses – Mortgage/rent, utilities, internet, insurance, etc.

Income – You and your spouse’s (if applicable) monthly salary.The Starter Budget takes a monthly look at these categories: You can open the Starter Budget in Microsoft Excel or Google Sheets.

Using Well Kept Wallet’s own Starter Budget is free and saves you time. The digital alternative is manually logging each transaction into your spreadsheet.īuilding your own template can be effective, but it’s easy to overlook certain expenses. The simplest budget is writing your income and expenses on a piece of paper. These complex budgeting templates are “too smart.”

Free 12 month household budget template printable update#

You may only need a basic budget template that lets you quickly compare your income and monthly expenses.Īdvanced spreadsheets may require too much effort to update or can be confusing to navigate.