I have developed 2 different excel based budgets for you to use.
This template is excel based and covers an entire year on one sheet. Each month has 2 categories: Actual and Proposed. This allows you to enter in your planned income and expenses per month and then you can insert your actual income expenses into a separate cell for comparison. Also has the actual and proposed yearly totals so you can see the past year in total.
Here is a screen-shot of what the Personal Budget looks like. Click here to download this budget.
Personal Budget 2
Some readers commented that all of the information on one sheet was “overwhelming”. As a result, I created a second budget that I aptly named Personal Budget 2. This budget has monthly tabs and an annual tab. The monthly tab information fees into the annual tab so you can see how you are doing on an annual basis very easily.
The budget also has an annual income pie chart, so you can see how much of your money came from what sources. Additionally, each month (and annually) there is a section that sums up how much you have saved. This is a great feature for those that are trying to save as much as possible each month.
Here is a screen-shot of what the Personal Budget 2 looks like. Click here to download this budget.
Other Budget Options
I know that these 2 excel based budgets won’t satisfy all readers. As such, I wrote a post that links to a handful of other excel based budgets. You can click on this link to be taken to that page and see if any of those budgets work better for you.
Lastly, you might be looking for something less manual. In this case, there are 2 options I recommend.
The first is Power Wallet (detailed review here). I’ve personally used Power Wallet and am a big fan of it. What I like most about it is that it works. I’ve used Mint in the past and my accounts would never update or would de-link all of the time. I’ve never had this issue with Power Wallet.
The second option is You Need A Budget. YNAB for short, is a totally different budgeting beast. It gets you too look at budgeting differently and to get to a point where you are living on last month’s income. It takes a little bit of time to get used to but once you do, it is life changing. You can learn more about YNAB by visiting their website (and save $6 in the process!)