Household Monthly Budget Sheet

Household Management & Budget Sheets

Every house is a small industry that runs on money. We input money to keep it moving smoothly. For any home either big or small it needs a particular amount of money every month for smooth household operations. Depending upon number of people living in a home makes input money variable in each case. Life style of people also affect for how much money they need to spend in a month. For every individual it is must to estimate a budget according to his/her requirement for the family. A household monthly budget template is the answer of all these reasons. It facilitates an individual to keep a balance between his/her income and expense.

Household Monthly Budget Sheet

The monthly budget sheet provided here is very simple and unique. It will facilitate you to prepare a monthly budget at ease. It has different features to understand before one decides to use it. We will take a look of each part of it how it can facilitate you in a better way.

Income

This is beginning part of the budget template that allows user to input his/her total income. There may be one or multiple persons in a home who are doing job. A family can have some income sources other than job. So, adding up all these incomes will make it total income of the family. An example is given below to understand this.

Household Monthly Budget Sheet
Microsoft Excel (.xls) file | File size 27 KB | Download

The file can be download in OpenOffice format (.ods)

OpenOffice Format
File size 19 Kb | Download

 

 

Expenses

Expenses are must. It varies from little to no-limit range. We can sort expenses in two categories, one with a fixed cost and other with a variable. Fixed costs of a family still depend upon a family’s living style. This is next part of the template that carries information about fixed costs of a family. Some entries such as Mortgage, rent expense, car lease and loan payment has been mentioned in given example.

Next part of the template is a detailed enlisting of variable costs. Variable costs can further categorized to Semi Variable Costs and Highly Variable Costs. List for both is given in the template and its preview is added also. In the end total expense and net income has been calculated precisely.

This is very comprehensive household budget template. It has been prepared using MS Excel. One can download and customize it easily.