Managing Your Budget can be a challenge, but it’s essential for keeping your finances aligned and in check.
While Managing Your Budget has never been an easy task, we should still consider ourselves lucky because, unlike our parents and grandparents before us, we now have all these online organization tools at our disposal for Managing Your Budget and finances, it is much more convenient.
The Internet has an overflowing selection of pre-built Excel templates for a myriad of budgeting tasks, from planning your household budget to managing your business cash flow and almost everything in between.
Check out some of our favorite Excel budget management templates below.
Personal Monthly Budget Worksheet
It’s the easiest thing in the world to overspend. That’s why you need to keep an eye on where your money is going.
With the Personal Monthly Budget Worksheet from vertex42, you can quickly record, track, and check your expenses against your actual budget, so you know when you’re about to reach your spending limit. The template has fields for the many different things you might spend money on to make sure everything is accounted for.
Student Budget Template
Going to school in another state or city and living on your own is an exciting time in a young person’s life, but it also comes with plenty of responsibilities. And for many college students, budgeting has been a tremendous challenge.
For students out there who are struggling to take control of their finances, Microsoft’s Student Budget Template is a must-have! It’s an easy-to-use budgeting tool for managing your allowance and part-time job incomes. And the best part is – it’s free!
Household Expense Budget Template
Managing your personal expenses is tough as it is, but budgeting for an entire family and making sure to meet everyone’s needs — that’s on an entirely different level.
The Household Expense Budget template from Smartsheet is an excellent financial management tool for tracking income and expenses in detail. The template has a dedicated sheet for every month of the year to give you a better and more comprehensive insight into your household’s cash flow – perfect for budget-conscious families!
Zero-based Budget Spreadsheet
One of the more unique budgeting templates out there, the concept behind the Zero-based Budget Spreadsheet is balancing your income and expenses by accounting for every dollar. This method allows you to easily trace where your money goes.
The spreadsheet is divided into two sections – income and expenses. Your goal is to fill out both parts with your sources of income and expenses, so the difference between them equals zero. If the figure at the bottom is more or less than zero, you need to adjust either side of the budget.
Small Business Budget Template
Are you running a start-up or a small venture? Then this budget template from Capterra should be on the top of your must-haves list.
The Small Business Budget template is an all-around, user-friendly money management tool for both short-term and long-term budget planning. The worksheet includes an overview page that summarizes the data and provides an analytical insight into the soundness – or lack thereof – of your budgeting strategy.
Business Budget Template
Because there’s no such thing as too many business budget templates, here’s another one from vertex42, highly recommended for those operating in the retail and service industries.
When you open the Business Budget Template, you’ll find two spreadsheets. The first one is for goods and the other for services. The goods worksheet has fields for sales and inventory, while the services worksheet mimics an income statement but is intended for tracking your earnings and operating expenses. Together, the two spreadsheets will help you manage your business’ finances with very little trouble.
We hope you find these suggestions helpful. Happy Budgeting!