If you need a simple plan for your money, and an easy way to lay it out and track it, look no further than this monthly budget template!
We created this free monthly budget template to help you create a very simple, easy to make plan for your money.
This is a great template for anyone starting on their personal finance journey.
Let’s break down how to use this simple budget template.
You can download a copy of this budget template HERE!
First, enter in all your sources of income.
This sheet gives you three lines for possible income sources.
Add the source, the date you expect to get paid and the amount you expect to get paid.
When you DO get paid, put that amount into the “Actual” column.
Next it is time to enter in all your expenses for the month.
Enter the expense name/category, the date it is due to be paid (if applicable) and the amount you expect to pay.
You can use one of these Expense Trackers to track your spending throughout the month.
Then add in your savings goal. Give the goal a name, and then add in how much you plan to save for that goal.
Need some ideas for savings goals?
Think both short and long term–emergency fund, vacation, and a new car for long term goals. Christmas, Birthdays and renewing your car tabs for short term goals.
No matter what stage of life you are in, creating a budget is THE BEST way to get a handle on your money situation and start working towards the life of your dreams.
You can get your copy of this budget planner here.
Happy Budgeting!