Personal Budget Worksheet

Free Household Budget Form Makes Planning Easy



This personal budget worksheet is one of the best budgeting tools. Not only does it allow you to create your own categories for income and spending, it also helps you make sure you save enough each month for those expenses that occur only a few times a year.

When you are planning how to budget money, it can be frustrating to try to fit your spending habits into categories that someone else has made up. This personal budget worksheet is flexible in that it allows you to set up your own income and expense categories with descriptions that make sense to you and fit your lifestyle. Examples are provided, but you are free to set up any categories that would be helpful to you.

Budget Help for Irregular Inflows and Outflows

Since budgeting is usually done on a monthly basis, most budget calculators are designed to plan regular, monthly income and expenses. Because so many of our expenses occur monthly, it makes sense to think of it that way. But what if you get paid every two weeks? Some months you will be paid twice and others three times. How do you plan for that? Or what about those expenses that occur only a few times a year, like car insurance?

Fortunately, this personal budget worksheet easily handles these irregular income and expenses. For each income or expense category, put in the amount of each payment and the number of payments per year. The personal budget form will recalculate it to a monthly amount. This will help you to refrain from spending money that must be reserved to pay the irregular expenses.

Personal Budget Worksheet

Enter the description, number of payments per year, and the amount of each payment for each inflow (income) or outflow (expense) category. For help in selecting category descriptions, look at the example accounts in the first column.

After you have completed each section as needed, you will see a summary at the bottom of the page. You can also create a printable report that opens in a different window.

Cash Inflows
Example AccountsInflow
Description
# of Pmts
Per Year
Amt of
Each Pmt
Monthly
Amount
Your Primary Job
Spouse's Primary Job
Your Second Job
Spouse's Second Job
Your Business Revenues
Spouse's Business Revenues
Interest & Dividend Income
Rental Income
Cash Gifts
Rummage Sale Receipts
Tax Refund
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Total Monthly Inflow:
Adminstrative OutflowsBalance Forward:
Example AccountsOutflow
Description
# of Pmts
Per Year
Amt of
Each Pmt
Monthly
Amount
Savings Deposits
Investment Deposits
Office Supplies
Postage
Phone
Cell Phone
Internet
Tax Preparation
Computer Supplies
Legal Expenses
Misc. Payments
Brokerage Fees
Income Tax Payments
Health Insurance
Life Insurance
Charitable Gifts
Tools
Reference Materials
Classified Ads
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Total Monthly Adminsitrative Outflow:
Personnel OutflowsBalance Forward
Example AccountsOutflow
Description
# of Pmts
Per Year
Amt of
Each Pmt
Monthly
Amount
Groceries
School Lunches
Toiletries & Grooming
Medical, Dental, & Optical
Medications & Prescriptions
Clothing & Laundry
Dry Cleaning
Education
Daycare
Child Support
Health Club Memberships
Therapy
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Total Monthly Personnel Outflow:
Transportation OutflowsBalance Forward
Example AccountsOutflow
Description
# of Pmts
Per Year
Amt of
Each Pmt
Monthly
Amount
Gasoline
Car Repairs & Maintenance
Car Insurance
Car Payments
Lease Payments
Fares and tolls
Parking
Licenses & Permits
Fines & Tickets
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Total Monthly Transportation Outflow:
Residential OutflowsBalance Forward
Example AccountsOutflow
Description
# of Pmts
Per Year
Amt of
Each Pmt
Monthly
Amount
Landscaping
Building Repairs & Maint.
Cleaning Supplies
Furniture & Fixtures
Appliances
Pest Control
Interior Decorating
Rent or Lease Payments
Mortgage Payments
Property Taxes
Propane, Fuel Oil, & Wood
Electricty
Water & Sewer
Property Insurance
Snow Removal
Alarm Systems
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Total Monthly Residential Outflow:
Entertainment OutflowsBalance Forward
Example AccountsOutflow
Description
# of Pmts
Per Year
Amt of
Each Pmt
Monthly
Amount
Movies & Theater
Movie Rental
Cable & Satellite
Sporting Events & Activities
Hobbies & Crafts
Games, Arcade, and Amusement
Parties & Entertaining
Gifts
Dining Out
Pets & Pet Supplies
Music
Vacation Property Payments
Vacation & Travel
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Total Monthly Entertainment Outflow:
Summary of Inflow and Outflows
LinksCategoryOutflowsInflows
Instructions
Inflows
Administrative
Personnel
Transportation
Residential
Entertainment
Totals
Monthly Inflow
Monthly Administrative Outflow
Monthly Personnel Outflow
Monthly Transportation Outflow
Monthly Residential Outflow
Monthly Entertainment Outflow
Total Monthly Outflows
Net Cash Flow

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