Do you want to take control of your finances? Using a budget template is one of the easiest ways to start managing your money better.
In this article, we are going to help you simplify and organize your finances using a simple monthly budget template.
What is a Budget Template?
A budget template helps you track your monthly income vs. your monthly expenses with accuracy. Using a budget template helps you easily manage your money and know exactly where your money is going each month.
Monthly budget templates can be printable, digital, or even a simple to use app.
How Does a Budget Template Work?
First, start by writing down your total take-home income.
Then grab all of your monthly bills and write down where you are spending your money.
Simply take your income minus your expenses to quickly see where your money is going and how much you have left each month.
Before you get started on using any of these monthly budget templates, make sure you know why it is so important to have a budget.
In order to live the stress-free life that you want you NEED to learn how to budget your money.
FREE Printable Monthly Budget Templates
1. FREE Simple Monthly Budget Template from The Savvy CoupleWe created our simple monthly budget template to get you started with budgeting. This budget template is extremely easy to use and customizable to your individual financial situation.
Add your income at the top then subtract your fixed expenses, variable expenses, debt, and savings then watch our digital budget template auto-calculate your monthly cash flow at the bottom.
If you are more comfortable using pen and paper feel free to print it off and use it that way just like a budget planner.
If you are sick of living paycheck to paycheck grab our entire easy to use Budgeting Binder here!
Frugal Fanatic wants you to get a better grasp on your finances by using their blank printable budget template. I like this template because it is very simple to follow.
This printable budget sheet also allows for some expenses I might have looked over from my own budget.
Frugal Fanatic has a monthly expense category called Household Maintenance. We have a lot of items we put into our “other” category that would fit nicely into this category.
3. Similar Dave Ramsey Budget Envelope System from Frugal Mom eh! If you follow Dave Ramsey and his envelope system, this printable is for you! This Dave Ramsey budget sheet has a beautiful color scheme.
I don’t know about you, but it makes budgeting feel more fun and relaxed! Check out Elizabeth’s labels and envelope designs.
I love this printable budget template from Lightroom Presets. It’s super pretty and very efficient to use. You can customize your savings goals and also use it to help pay off your debt.
On their budget template, they even put a checkbox next to each of your monthly expenses to keep track of what is paid and what needs to be paid. This is a perfect budget worksheet to keep you organized and in control of your money.
Bright, colorful, and clean family budget worksheet. This printable budget sheet not only has your monthly expenses, it also has a large section for long-term planning and investments.
Many budget printables forget about this aspect of budgeting, but it is crucial to plan for the future and retirement.
If you download one of these budget templates and it doesn’t work for you, come back and try another one next month.
Your financial future is far too important to ignore where your money is going.
Best Digital Budget Templates and Spreadsheets
Maybe you are not a pencil and paper kind of person and you want to be able to budget your money using an online budget site.
There are both free and paid websites to help you budget your money.
These websites allow you to look at your finances from month to month and then yearly outcomes as you keep using the software.
6. Mint – Monthly Budgeting App (FREE)
Kelan and I use Mint and Personal Capital to budget our money. We have been with Mint since March of 2013.
Imagine all the data we can go back and track over the years to really fine-tune our budget each month.
Mint just updated their software and the new interface is SO user-friendly.
Another great thing I love about Mint is the app I have downloaded on my phone. I am able to easily check before I walk in the grocery store how much is left for the month for groceries.
7. Personal Capital – Simple Budget Planner (FREE)
Personal Capital is another great free online budgeting tool to use to track your monthly and yearly finances.
We also have been using Personal Capital for a long time but mostly for cash flow, investments, retirement, and net worth. Our favorite feature is being able to project our potential retirement account depending on the different factors we put in.
Chasing financial independence and being able to retire when and how we want is a goal of ours.
8. Mvelopes – Cash Budgeting App + Software ($4/month)
If you love the concept of Dave Ramsey’s budget envelope system, than this is the online budget tool for you!
I love how you can open different “envelopes” to check on how much you have budgeted, funded, and spent. A digital take on the classic envelope system.
Every Dollar has the most monthly budget template look to a printable. The feel is very clean and organized. A crucial aspect of managing your money; financial organization!
The mobile app also allows maintaining that organization on the go with your mobile device.
10. YNAB – Hands on Budget Template App ($6.99/month)
Completely worth the $6.99 a month to take control of your finances over on YNAB.
You can break down your finances over the span of multiple months, as shown above, to see how much of your money is being spent. I love the circle graph and the break down in percents.
It really shows you what you can work on decreasing your monthly budget.
If you like going old school and using Microsoft Excel to budget your money then look no further!
Microsoft has a variety of options to fit all your budgeting needs. From personal family budgets, monthly budget templates, holiday budget templates, budget calculators, and even wedding budget trackers, they have plenty of free options to use.
Whether you are using one of the free printable budget templates or an online personal budget app, you can’t go wrong.
You are being purposeful with your money! At the end of the day this is all that matters because you took a first step to managing your money.
If you are looking for support on budgeting, saving money, and starting a side hustle we invite you to join our private Facebook group!