Upload
ankur-jain
View
8
Download
0
Embed Size (px)
Citation preview
Welcome!
Version 1.1
Why Use this Spreadsheet?
Besides the fact that it's free, here are just a few reasons you should consider using this spreadsheet:
* Budget's by pay period - the default is 2 payperiods per month
* Follows the Dave Ramsey zero based budget strategy
* Simple and easy to maintain (with basic knowledge of MS Excel)
* Highly flexible
About the Spreadsheet
Using the spreadsheet
Donate?
Help
Welcome to Gather Little by Little's budget template. This is a free Microsoft Excel template, developed by [email protected].
The spreadsheet consists of multiple worksheets. The main worksheet is label Monthly Budget and contains a summary of all of your income and expenses and also shows how much you have remaining in each category. The Monthly Budget spreadsheet is also divided into two sections, the 1st half of the month and the 2nd half of the month.
The Monthly Budget spreadsheet by default is for users that get paid twice per month. This can be changed to once a month by just deleting columns F-H. It could also be extended but would require a reasonable amount of MS Excel knowledge.
Other worksheets track various categories at a transaction level and total the transactions for use in the Monthly Budget worksheet. Note: not all categories are tracked at a transaction level.
Using the spreadsheet is simple. Before the coming budget month, allocate a planned amount for each category for each pay period. The Net totals at the very bottom should be zero when expenses are subtracted from income. This way each dollar "has a home". As you incur expenses throughout the pay period, enter them in the appropriate category worksheet. The spreadsheet with automatically update the Monthly Budget worksheet to reflect the expenses and will show the budget amount remaining. That's all there is to it. For budget items where there isn't a dedicated category worksheet, just enter the expense amount directly into the actual column.
This budget spreadsheet is absolutely free. There's no obligation of any sort to pay for it and feel free to share it with your friends. If you find it useful and decide that you'd like to donate money, you can send it via PayPal, to [email protected]
If you have questions, think you may have found an error, or have a feature suggesion, please email me at [email protected]. You can also find lots of great information on personal finance and budgeting at my website: Gather Little by Little (http://www.gatherlittlebylittle.com).
Monthly Budget
Monthly Budget for Dec 2010
INCOME
1st Half 2nd Half
Planned Actual Difference Planned Actual Difference
Net Salary $ 5,000.00 $ 5,000.00 $ - $ - $ - $ -
Company Reimbursements $ - $ - $ - $ - $ - $ -
Misc Income $ - $ - $ - $ - $ - $ -
Rollover from Prior $ - $ - $ - $ - $ - $ -
Total Income: $ 5,000.00 $ 5,000.00 $ - $ - $ - $ -
EXPENSES
1st Half 2nd Half
Planned Actual Difference Planned Actual Difference
Housing
Mortgage/Rent $ 1,800.00 $ 1,800.00 $ - $ - $ - $ -
Homeowners Insurance $ - $ - $ - $ - $ - $ -
Repairs/Maintenance $ - $ - $ - $ - $ - $ -
HOA Dues $ - $ - $ - $ - $ - $ -
TOTAL HOUSING $ 1,800.00 $ 1,800.00 $ - $ - $ - $ -
Utilities
Water/Sewer/Electric $ 120.00 $ 74.19 $ (45.81) $ - $ - $ -
Gas $ 40.00 $ - $ (40.00) $ - $ - $ -
Phone $ - $ - $ - $ - $ -
Cable/Internet $ 50.00 $ - $ (50.00) $ - $ - $ -
TOTAL UTILITIES $ 210.00 $ 74.19 $ (135.81) $ - $ - $ -
Food $ - $ - $ - $ - $ - $ -
Groceries $ 400.00 $ 164.35 $ (235.65) $ - $ - $ -
Eating Out $ 300.00 $ 32.00 $ (268.00) $ - $ 64.00 $ 64.00
TOTAL FOOD $ 700.00 $ 196.35 $ (503.65) $ - $ 64.00 $ 64.00
Transportation
Car Payment #1 $ 50.00 $ - $ (50.00) $ - $ - $ -
MRT $ 60.00 $ - $ (60.00) $ - $ - $ -
Monthly Budget
INCOME Planned Actual Difference Planned Actual Difference
Repairs and Tires $ - $ - $ - $ - $ - $ -
Car Insurance $ - $ - $ - $ - $ - $ -
Registration and Taxes $ - $ - $ - $ - $ - $ -
Inspections $ - $ - $ - $ - $ - $ -
TOTAL TRANSPORTATION $ 110.00 $ - $ (110.00) $ - $ - $ -
Clothing
Clothing $ 100.00 $ - $ (100.00) $ - $ - $ -
TOTAL CLOTHING $ 100.00 $ - $ (100.00) $ - $ - $ -
Personal
Term Life Insurance $ - $ - $ - $ - $ - $ -
Hair Care $ 30.00 $ 10.50 $ (19.50) $ - $ - $ -
Medical $ 500.00 $ - $ (500.00) $ - $ - $ -
Gifts Given $ 50.00 $ 20.00 $ (30.00) $ - $ - $ -
Misc $ - $ - $ - $ - $ - $ -
Dry Cleaning $ - $ - $ - $ - $ - $ -
Cell Phones $ 48.00 $ 51.00 $ 3.00 $ - $ - $ -
Pets $ - $ - $ - $ - $ - $ -
Blow Money $ - $ - $ - $ - $ - $ -
TOTAL PERSONAL $ 628.00 $ 81.50 $ (546.50) $ - $ - $ -
Education
School Supplies $ - $ - $ - $ - $ - $ -
Childcare $ 500.00 $ 50.10 $ (449.90) $ - $ - $ -
Field Trips $ - $ - $ - $ - $ - $ -
TOTAL EDUCATION $ 500.00 $ 50.10 $ (449.90) $ - $ - $ -
Savings
Emergency Fund $ - $ 50.10 $ 50.10 $ - $ - $ -
Real-Estate Taxes $ - $ - $ - $ - $ - $ -
Christmas Fund $ - $ - $ - $ - $ - $ -
General Savings $ - $ 50.10 $ 50.10 $ - $ - $ -
TOTAL SAVINGS $ - $ 100.20 $ 100.20 $ - $ - $ -
Monthly Budget
INCOME Planned Actual Difference Planned Actual Difference
Credit Cards
CC#1 $ - $ - $ - $ - $ -
CC#2 $ - $ - $ - $ - $ - $ -
CC#3 $ - $ - $ - $ - $ - $ -
TOTAL CREDIT CARDS $ - $ - $ - $ - $ - $ -
BUDGET SUMMARY
1st Half 2nd Half
Planned Actual Difference Planned Actual Difference
INCOME $ 5,000.00 $ 5,000.00 $ - $ - $ - $ -
EXPENSES $ 4,048.00 $ 2,302.34 $ (1,745.66) $ - $ 64.00 $ 64.00
NET $952.00 $ 2,697.66 $ 1,745.66 $ - $ (64.00) $ (64.00)
WHOLE MONTH
Planned Actual Difference
$ 5,000.00 $ 5,000.00 $ -
$ 4,048.00 $ 2,366.34 $ (1,681.66)
$952.00 $2,633.66 $ 1,681.66
Category Home Repairs/Maintenance
First Half
Date Description Amount
TOTAL $ -
Second Half
Date Description Amount
TOTAL $ -
Category Groceries
First Half
Date Description Amount
1/12/2010 Sheng Shong $ 16.45
3/12/2010 cold storage $ 9.30
3/12/2010 Sheng Shong $ 15.00
4/12/2010 Sheng Shong $ 2.85
5/12/2010 Mustafa $ 47.45
6/12/2010 cold storage $ 8.25
8/12/2010 Sheng Shong $ 3.45
8/12/2010 bedsheet $ 11.90
9/12/2010 Sheng Shong $ 5.50
10/12/2010 Fairprice $ 44.20
TOTAL $ 164.35
Second Half
Date Description Amount
TOTAL $ -
Category Eating Out
First Half
Date Description Amount
5/12/2010 hot chip mustafa $ 11.70
$ 20.30
TOTAL $ 32.00
Second Half
Date Description Amount
TOTAL $ 64.00
Category Gas
First Half
Date Description Amount
TOTAL $ -
Second Half
Date Description Amount
TOTAL $ -
Category Clothing
First Half
Date Description Amount
TOTAL $ -
Second Half
Date Description Amount
TOTAL $ -
Category Hair Care
First Half
Date Description Amount
5/12/2010 Mustafa - razor $ 10.50
TOTAL $ 10.50
Second Half
Date Description Amount
TOTAL $ -
Category Field Trips
First Half
Date Description Amount
TOTAL $ -
Second Half
Date Description Amount
TOTAL $ -
Category Medical
First Half
Date Description Amount
TOTAL $ -
Second Half
Date Description Amount
TOTAL $ -
Version Changes
1.00 Initial Version
1.01 Fixed issue with row 68 not summing correctly
Added childcare row under Education
Fixed issue with 6 pages printing on main budget sheet by moving Monthly Summary down
Resolved issue with detail tab totals not reflecting on main spreadsheet