How to Make a Monthly Budget Worksheet

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Here is an easy way to manage your personal finances by creating a monthly budget worksheet. These free household budget planner sheets are printable making them both user friendly and versatile.

Things You'll Need

  • laptop or home computer
  • financial software like Microsoft Money
  • calculator
  • printer
  • debts, income
  • If you have a home desktop PC, mac or personal notebook, you may access for free or can download a budget management software such as Microsoft Money to help design your monthly budget worksheet.

  • Design your monthly budget worksheet around 6 main categories:

    1. Total Monthly Gross Income
    2. Monthly Home Budget Expenses
    3. Monthly Car Expenses
    4. Monthly Debts
    5. Monthly Family Miscellaneous Expenses
    6. Total Net Monthly Income (free income available)
  • Monthly household budget expenses should include rent or mortgage, property and casualty, loan payments, utilities, taxes, and any household repairs.

  • Automotive expenses include car loans, gasoline, auto insurance, and maintenance make up the next category on your monthly budget worksheet.

  • Debts should include any credit loans and monthly balance you choose to pay make up the next budget worksheet category.

  • Next list any Miscellaneous expenses are any other personal expenses such as:
    -clothing, groceries
    -family entertainment, cable, videos, newspaper, magazines
    -medical, vet
    -clubs, association dues
    -investments, life insurance
    -vacation, gifts for holidays
    -haircuts, nails, etc.

  • Figure total monthly income at top of your budget worksheet, then total your monthly expenses for each category, and subtract to get your net income balance at the bottom.

Tips & Warnings

  • Always round up when estimating your monthly expenses
  • Get your household budget worksheet completed first and list as many as you can think of under miscellaneous before writing your own expenses in.
  • Divide your printable budget sheets in 2 if paid bi-weekly or 4 if every week to help determine your monthly payment schedules
  • Always include a category under miscellaneous for emergency or personal expenses and decide how much you can free up each week to add to this fund



  • Photo Credit flickr

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