Table of Contents
- 5 Steps to Write a Simple Budget
- 17+ Simple Budget Templates
- Compact Simple Budget Spreadsheet Template
- Systematic Simple Budget Proposal Template
- Simple Monthly Budget Worksheet Template
- Versatile Sample Budget Report Template
- Cafe Budget Template
- Bakery Budget Template
- 5-Page Simple Budget Report Template
- Well-formatted Budget Report Template
- Standard Budget Analysis Template
- A Ready-made Simple Budget Template
- Free Simple Budget Planner Template
- One-Page Simple Budget Template
- Household Monthly Budget Template
- Clear Monthly Budget Template
- Full Budget Proposal Template
- Detailed Yearly Proposal Budget Template
- Short Budget Estimate Template
- Professional Monthly Budget Template
17+ Simple Budget Templates
Keeping track of monthly incomes and expenditures can be difficult at times. A simple budget will help us to manage our finances and keep a check on unnecessary expenses. The best way to do so is to create a simple budget template and to follow the guidelines that will help you control your finances in the future. Here are 5 simple steps to create a simple budget for your home, office, or organization.
5 Steps to Write a Simple Budget
Step 1: Estimate Your Monthly Income
The first step into creating any budget is to calculate the monthly income. Your monthly income should not only include your take-home salary but also extra incomes from side jobs etc. For business owners, additional incomes from other sources or settlement of long dues, all should be added.
Step 2: Calculate Your Monthly Expenses
The next step is to calculate all your monthly expenses. Start by doing a list of all fixed expenses like groceries, rent, electricity, gas, bills, and loan payments. In case of confusion, go back and refer to your online accounts of the past one to three months. This will help you out with the exact figures of expenses. Be diligent and accurate with these expenses as it will give the real picture of your monthly expenses. Now that you have the list, add up your total monthly expenses.
Step 3: Prioritize Your Financial Needs
Now that you know about your monthly income and expenses, it is time to set up your financial goals. This step is very crucial and will help you to understand the priorities of your budget that is expenses that need immediate attention. Financial goals should include expenses like due debts, insurance policies, and retirement fund benefits, etc.
Step 4: List Your Non-Priority Expenses
There are certain expenses that are not so important but needs to be taken care of. For e.g. gifts, clothing, vacation expenses, entertainment, and personal care. Although these seem not so vital, they are discretionary expenses and needs immediate attention. Make a list of them as well.
Step 5: Finally Subtract Your Total Expenses from Your Income
The last and final step is to subtract your total expenses from your total income. Now you know how much you have in your hand at the end of the month. If the figure is positive that means you have a surplus in your funds. If the estimate is negative, you are running into losses and your budget needs to be adjusted to save some extra cash.
17+ Simple Budget Templates
Compact Simple Budget Spreadsheet Template
This simple budget template is easy to manage and will give a detailed report of the budget of your organization. There are highlighted parts in the budget that can be edited and changed according to your needs or company requirements. Include name, address, and details of your company and also a comparison report of your actual and estimated income.
Systematic Simple Budget Proposal Template
This is a budget proposal template that helps you to estimate all future costs and revenues of a particular time span. This helps investors and businessmen to understand the return of their investments and whether the particular business proposal will be fruitful or not. The budget template helps you to allocate funds for risk management purposes as well.
Simple Monthly Budget Worksheet Template
This budget template in Word will help you to determine your monthly expenditures and returns. The template comes with an itemized list of your expenses and returns that will help you to control your unnecessary expenses for the future. This template has beautiful suggestive headings and content and free standard Google fonts as well.
Versatile Sample Budget Report Template
This is a sample budget report template for organizations planning to determine the cost of their products and services in a methodical way. The template is versatile and will help you create your budget in no time with some minor alterations. There is a 24-hour email and chat support for any technical problem that you may have.
Cafe Budget Template
Bakery Budget Template
5-Page Simple Budget Report Template
This budget report template is a 5-page document and is available in A4 and US letter sizes. It is available in the MS Word and Apple Pages format and can be edited according to your requirements anytime you want. The template can be used both for home and commercial purposes.
Well-formatted Budget Report Template
This well-formatted project budget report template comes at an affordable price and will help you with all your budget requirements. The 21-page document is fully customizable and can be shared with social platforms like Instagram, Facebook, WhatsApp, and LinkedIn. This template is also like an internal report that companies could use to study estimated and comparative budgets of a financial year.
Standard Budget Analysis Template
This 14-page budget analysis template is crucial for companies and business organizations. The template is available in A4 and US letter sizes and will help your company take important financial decisions in the future. There are highlighted sections that can be replaced by the essential details of your company budget. It saves both time and effort.
A Ready-made Simple Budget Template
This simple budget template is for company startups and business organizations. This ready-made template can be downloaded anytime in your PC or mobile devices. Available in multiple formats like Apple page, MS Excel, and Numbers are free to download and gives a clear and simple estimation of your company’s expenses and incomes.
Free Simple Budget Planner Template
This is a simple budget sample template that will valuable to you for determining your company’s future incomes and losses. Clear and professional, this budget gives a correct estimate of your estimated budget, actual cost, and the difference. Download this budget instantly in your PC or mobile device and get started with the budget of your company.
One-Page Simple Budget Template
moneyunder30.comThis is a really simple budget template for companies and startups. The budget comes with budgetary tools that will help you calculate and save your money for the future which is decide by budget planner. Calculate your office expenditures and total income in a clear format with this one-page simple template.
Household Monthly Budget Template
aba.comThis is a monthly household budget template for your household expenditures and income. There are separate sections for food, transportation, medical, healthcare, and entertainment expenses that make it easy to manage and control the expenditures. Calculate the total income by adding up your take-home salary, gifts, side jobs, and other sources and get an actual estimate of your monthly income.
Clear Monthly Budget Template
consumer.ftc.govThis clear monthly budget worksheet excel report template is printable and will give you a detailed report of your income and expenditure of the month. Learn about your expenses that need immediate attention and make space for savings for the future. This template is perfect for household budget estimations.
Full Budget Proposal Template
unodc.orgThis is a full production budget template for calculating budgets of company projects and events. Get periodic monthly estimates of planned activities of company projects through this clear and versatile budget template. The template is available in excel format and gives full details of company profiles and activities that are implemented in the project.
Detailed Yearly Proposal Budget Template
ncn.gov.plThis is a detailed yearly budget template that can give you a comparative study of for your budgets for 3 years. Calculate all your employment costs, equipment, and meeting costs with this budget template. The 3-year estimation will help you to understand your weaknesses and help you overcome unforeseen expenditures in advance.
Short Budget Estimate Template
nafsa.orgThis budget template will help students to prepare their budgets for study-abroad programs. The budget will give all information regarding family contributions, scholarships, program fees, financial aids, and other contingencies depending upon the duration of the programs.
Professional Monthly Budget Template
thefinancetwins.comThis is a professional monthly budget planner template with different sections to categorize different the income and expenditures of your business organization or household. There is a separate section for your savings where you can allocate all your savings regarding children education fund, emergency funds, or taxable incomes. This template makes budget easy and comfortable.
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