4 Simple Personal Monthly Budget Templates

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monthly budgeting templateA recent survey found that one in four UK families have less than £95 in savings.1 This probably comes as no surprise, especially because almost a third of British workers find themselves living paycheque to paycheque — where does one even begin to find room to save in these financial situations?2

When your finances are tight, budgeting may feel like a waste of time. You pay what you need to and get by on the rest. But what if you can get by on more? If you don’t track your expenses, it’s very easy to miss opportunities where you can spend less or save more. Taking the time to comb through all your expenditures may be the reality check you need to cut back on frivolous spending and get down to business about saving

Not sure where to start? Here are some of our favourite free and easy-to-use budgeting templates available across the web. Use these templates to help you track your income and expenses and take the next step toward building a better financial future!

 

Microsoft Office Budgeting Worksheets

From personal to family budgeting, holiday shopping to travel, Microsoft Office budget templates cover it all. The majority of templates are meant to be used in Excel with the formulas pre-populated, so all you have to do is input your own numbers and voila — you have your budget ready to go!

 

PearBudget

Featured in the Wall Street Journal and Popular Science, this free budget template from PearBudget might just be what you need to start budgeting. Find out why it’s been downloaded well over 100,000 times. If you prefer to track your spending in the digital space, PearBudget’s latest edition of their popular budget tracker is available online for an additional fee.

 

The Money Advice Service

If you want your budget to be beyond thorough, Money Advice Budget Planner is a great tool to kick things off. This web-based budget planner walks you through a detailed series of categories to help account for all of your spending. You’ll start with the basics (rent, utilities, insurance, etc.) and work into things like toiletries, babysitting costs, travel, gym fees and more. Once you input all the information, you can continue to manage your budget online, print it or download it all as a spreadsheet.

 

Business Insider

Libby Kane, Deputy Editor at Business Insider, has been exploring personal finance-based topics for a better part of the last decade. She believes the best method for not only monitoring your budget but improving it is simple: track it. “If you don’t know where your money goes today, how are you going to realistically plan where it should go tomorrow? Unless we start writing things down, we’re all going to continue lying to ourselves about how much we spend on bagels, anyway.” Use her spreadsheet to get started.

 

 

References

1Monaghan, A. (20 February 2017). One in four UK families have less than £95 in savings, report finds. Retrieved 9 August 2018, from https://www.theguardian.com/society/2017/feb/20/one-in-four-uk-families-have-less-than-95-in-savings-report-finds

2CareerBuilder. (8 October 2015). Almost one third of British workers live paycheck to paycheck, Careerbuilder.Co.Uk survey finds. Retrieved 9 August 2018, from https://hiring.careerbuilder.co.uk/news/almost-one-third-of-british-workers-live-paycheck-to-paycheck-careerbuilder.co.uk-survey-finds

 

The information in this article is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness or fitness for any particular purpose. The information in this article is not intended to be and does not constitute financial or any other advice. The information in this article is general in nature and is not specific to you the user or anyone else.

Barbara Davidson

About 

Babs is a content writer at Enova International, Inc. with a Bachelors in Cinema Studies and English from the University of Illinois (ILL-INI!). She loves binge watching musicals, reading in the (sporadic) Chicago sunshine and discovering great new places to eat. Accio, tacos! Find out more about her on Google+.

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The information in this article is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness or fitness for any particular purpose. The information in this article is not intended to be and does not constitute financial or any other advice. The information in this article is general in nature and is not specific to you the user or anyone else.