Financial Corner, MomPreneur Life

Create a Household Budget in less then 10 Minutes!

I am a Financial Controller for a large company and manage complex budgets regularly! 

The same concepts go for a Personal Family Budget. I have developed a worksheet to help you map out what your income and expenses are each month and I am excited to share it with you!

Click Here to Download the Template!

This workbook is created in Microsoft Excel and is made up of three worksheets:

The First Worksheet is a Summary Sheet – do not alter the numbers on this worksheet it will total your income and expenses from the next two worksheets – Excel is a wonderful thing!

The Second Worksheet is where you will enter your income sources.  You can edit the descriptions to fit your needs and enter your monthly total in the column next to it.

The Third Worksheet is the place for all of your expenses.  Just like the Income Worksheet you are able to edit the descriptions and enter the monthly total for each expense.

After your income and expenses are entered go back to the summary sheet to analyze your month!  This will give you a good indication of what your month will look like financially. Obviously you want to have more money coming in then you have going out – basic finance 101!

If you are saving for something, whether it be a vacation or Holiday spending, you can look at what you have left over each month and put money aside for upcoming expenses.

If you find that your expenses are greater then your income you can start with taking a look at your expenses to see where you can make cuts. Can you use Netflix and YouTube TV instead of cable? Can you shop out your insurance for a lower premium? Look at your cell phone package, can you cut down your data usage for a lower monthly payment?

Can you increase your income?  Some jobs have the flexibility to increase your hours.  Look for additional ways to earn income! I started my affiliate marketing journey with Click Funnels and was surprised the income potential out there by selling other peoples products!

Click Here and I will show you how I did it!

As you modify your income and expenses with the Family Budget Template the totals will change on the summary page.  Make changes until you find the budget you can handle and make goals for yourself for each month.

Please feel free to reach out with any questions and I look forward to working with you!

Download the Family Budget Template Here!

10 Comments

  1. I love budgeting! I know that probably sounds odd but its like a challenge to see where we can save and how much. We taught our daughter at a very young age how to budge and I’m happy to say it has paid off for her. Thanks for the templates they always come in handy! Great Post!

    1. Briana Logan

      Haha I budget for a living so it does not sound odd to me at all! It is a great challenge! Thank you for visiting my page!

  2. Thank you so much for this fantastic template. Excel is a wonderful tool!

    1. Thank you for visiting! I am so happy you like the template, Excel is a wonderful tool!!

  3. This is great! You should offer the excel template as a lead magnet. I bet you already do. It has great value. I can’t wait to use it as we have never had an official budget.

    1. Thank you Amanda! I have not used this yet as a lead magnet, what a great idea thank you! I have a Bookkeeping checklist I use for business clients that I use as a lead magnet and think this would work well too! Hope it works well for you!

  4. Budgets are so important, I wish more people would realize that. Thank you for the free template!

    1. Hi Joni, thank you for checking out my template and I completely agree! With busy households, budgets are so important for many families!

  5. My goal is to get our budget under control. I have been trying to find a good system to organize it. The template is a perfect solution. Thanks so much.

    1. Hi Traci! Thank you for reading and I am so happy you like the template!! It certainly helps to keep me on track!

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