Monthly budgeting is a common challenge and creating a monthly budget is essentially the initial step towards financial stability. It is a useful way to keep track of all expenses incurred and compare them with the income in order to gain control over the finances. Creating a budget template will help you know exactly where you stand out with your finances.
22+ Monthly Budget Templates
1. Monthly Budget Planner Template
The monthly budget planner template is a financial plan that allocates personal income towards savings, expenses, and debt repayment on a monthly basis. It is a ready-made budget template that you can download instantly. You can use it in all versions of MS Excel, MS Word, Numbers, and Apple Pages.
2. Monthly Budget Worksheet Template
This ready-made template document will help you reach your expenses and saving goals. You can use this well-formatted monthly budget template sample for your organization or company. The template will allow you to work out on a proposed budget by entering the details of your projected expenses and sources of income, and then calculate the necessary costs and expenditure.
3. Monthly Business Budget Template
Are you in search of a well-structured monthly financial document for your business? If yes, download this simple monthly business budget template for your business. This sample template includes planned revenues and sales volumes, assets, liabilities, cost and expenses, cash flows, and resource quantities.
4. Monthly Project Budget Template
Get instant access to this horizontal monthly project budget sample template within a few minutes. This sample document outlines the net amount of authorized financial capital allocated for a project phase for a month. The sample is easy to use and is easily customizable.
5 Steps to Write Monthly Budget Template
Step 1: Make a Note of Your Income
When creating a monthly budget, the first thing you need to know the amount of money you are actually bringing in every single month. Make sure you subtract all the deductions such as pension plan contributions, income tax, and other charges to get your monthly net income. This derived net income is used to create a monthly budget.
Step 2: Track Your Expenses
It is quite helpful to keep a track and categorize your expenses by listing all your fixed expenses and variable expenses. Listing your expenses will help you identify where you are spending the most money and where you need to make adjustments by cutting down your expenses.
Step 3: Make a Plan
Use the fixed and variable expenses you calculated to make a plan so that you get an idea of what you’ll actually spend in the coming months. You might even break down your expenses further between things you must have to things you want to have. The difference will help you to make an adjustment if necessary.
Step 4: Adjust Your Spending Habits
Documenting all receipts for all your expenditures will help you to know how much you’re spending every month. After totaling your expenditure for two or three months, you’ll determine the average amount of money left over, and also determine whether you need to cut back on your expenses or not.
Step 5: Set Goals and Keep Reviewing
Set specific goals so that you’ll be able to pay off any outstanding debts such as paying off your mortgage, paying down credit cards and more than you might have, which will free up your finances. Also, make sure you review your monthly budget regularly to assure that you are staying on track.
5. Restaurant Monthly Budget Template
Download the restaurant monthly budget template to plan your revenues and expenses on a monthly basis. The simple budget template will help you to effectively budget your restaurant expenses such as kitchen appliances, rent, food costs, employee wages, and license fees in a month and manage your spending for what is necessary.
6. Printable Monthly Budget Sheet Template
It is very difficult to manage your personal expenses or run a business without a budget sheet. Check out this sample template to get your personal expenses managed easily or for the smooth running of your business. Moreover, get your actual income and projected income updated in a more organized manner with the help of these monthly budget worksheet templates.
7. Monthly Household Budget Spreadsheet Template
The household excel monthly budget template is a perfect tool to keep a track of your household budgets and to ensure that everything is kept in balance. It is a user-friendly, highly professional, customizable, and printable file document available in all file formats.
8. Simple Monthly Budget Worksheet Template
With this sample template, create an itemized list of your revenue and expenses which is readily accessible after download. This sample budget sheet template will help you to plan your monthly expenses and develop your ability to allocate your financial resources correctly and spend efficiently and wisely.
9. Nonprofit Monthly Budget Template
20. Free Corporate Monthly Budget Template
21. Free Household Monthly Budget Spreadsheet Template
This free household monthly budget spreadsheet template is perfect for you if you are searching for a document to plan and budget all your household revenues and expenses on a monthly basis. The sample monthly budget spreadsheet template is easy to use and edit and fully customizable.
22. Monthly Budget Management Report Template
Having an internal report to estimate budget projections on a monthly basis for your company is a great way to manage your revenues and expenses. This monthly budget template is a well-formatted and well-structured budget management report which can be instantly downloaded in any file format, anywhere, and anytime.
23. Free Monthly Budget Template
This free monthly budget template is a document which you can use to identify the monthly budget of an organization and individual. It is a high-quality and printable template which you can download instantly. The budget sample template is available in A4 sizes and US sizes.