You can download our free template and open with Excel to Plan the your Income and Expenses for each month. Here is the free Excel Template for Monthly Expenses Management. We cannot expect the amount which we are going to spend on these occasions, the amount will vary based on available balance, importance, needs and mood.ĭownload Free Excel Template for Monthly Expenses This includes the prepaid item, the starting balance (or the total expense), the. I have some sample data entered into it and the top section is where you can enter the details. If you’re looking for an amoritzation template, however, check this post out. For example, shopping, vacation, birthdays. This template will help you track and amortize prepaid expenses. Variable Expenses: These expenses are vary based on the time, occasion and need.This type of expenses is fixed, and the amount may not vary when compares to month to month. Fixed Expenses: Some of the bills like House Rent, Electricity bills are common in every month.You can fix the budget for each category and item, and see the difference to check if you are spending as per your budget or beyond your budget. For example, You can create a separate table for each Healthcare and you can track all the expenses related to Health related expenses like hospital bills, medical bills, etc. You can create a separate table for each category and add items related to respective category. Elements in the Expense TableĮxpense table helps you to track all your expenses. You can also find the percentage if each item when compares to your total income.įinally, you can analyze your expected and actual income based on the Income Table. You can enter your monthly Expected and Actual Budget and see the variation by using the Difference Column. You can duplicate this worksheet for another month.You can keep an eye on the Summary to check your balance.Budget: Plan at beginning of the month or before, Actual: whenever you are spending for it.
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