Along with budgeting for annual expenses and retirement, I highly recommend setting more money aside for extra savings. There are suggestions in the note on the budget category* cell. There is room for eight additional fixed monthly costs. If you don’t contribute to a 401k or typically receive any extra monthly income, enter $0. Follow the orange colored cells as cues for which part to fill out next. In the top left box on the Config tab, enter your income. Remember, cells with an asterisk(*) mean there is a note on that cell with more information. How to Use My Google Sheets Budget Template If you’re stuck and need more info to get going, read on to get the details. There are simple and clear instructions with extra notes on cells that have an asterisk(*) - just hover over those cells to the see note. If you want to try my Google Sheets budget template, make a copy of it and try it out. A good budget system will create a change in your behavior. On less of things I care little about, and more on the things I care a lot about.Ī bad budget system only shows you where your money is going. I can customize it exactly the way I need to actually help me spend my money more thoughtfully. But these apps don’t really help me spend less money - they just tell me where I spend my money and try to guess (poorly) the category.Īnd that’s why I love budgets built on spreadsheets. Most of my friends use a budgeting app like Mint and I’ve tried them, too. By comparing these two columns, you can tweak and adjust your spending habits so that it fits into your overall budgeting plan.After budgeting money for savings and annual expenses, you can budget your discretionary spending, guilt-free. Its functions allow you to compare what you set out to spend and what your actual expenses came down to. The monthly budget and expenses in Google Sheets are two necessary columns that one should include on a monthly spreadsheet. What is the monthly budget and expenses for Google Sheets? Then, you can focus on inserting your Budgeted, Actual, and Difference column.īut if the thought of going into minute detail is overwhelming, then you could always go with the alternative – a premade template like the ones we have reviewed here that already lists most of the information for you that you can then adjust with minimal effort. The key here is to nail down every expense that you pay for or can expect to pay over a monthly period. You are free to use similar or the same formulas on other cells as well.Įasy-peasy! You’ve done it! Here is the result: FAQs How do I create a monthly budget in Google Sheets?Ĭreating a comprehensive monthly budget is the sort of task that many take on somewhat apprehensively. So, select the cell where you want to get the result, then enter the formula =SUM(B3:B33), where B3:B33 is the data you need to calculate. The template can be more useful if you add formulas that will calculate your indicators automatically. As a final step, select the View tab, click on the Show option, then choose the Gridlines option to remove the gridlines from your spreadsheet. To add borders to your monthly budget template, simply navigate to the toolbar menu, click on the Border icon, and then choose the color, style, and type of border. Next, highlight your text, hit on the Fill color option, and select a color from the palette to change the color scheme of your template. Now that you have added your text, let’s see how we can edit it! Change the font, size, color, and alignment using the toolbar menu. To do this, select the cells, hit on the Merge icon, and then choose the Merge all option. Sometimes it happens that the text we enter into the cell is too large, and it would be useful to expand this cell. So, select a blank cell and enter your data into it. The first thing you need to do is add the content of the monthly budget template to your spreadsheet. So, let’s dive in and learn how to create one! In this section, you will be able to master the skills of creating your own monthly template with ease. Open in Google Sheets How to Make a Monthly Budget Template in Google Sheets It is also quite detailed and lists every possible living expense, which is nice, so you don’t have to think too carefully about what to include and what not to include. This budget is great for business owners who want to invest, save, and retire comfortably. The Free Downloadable Monthly Budget Template by Smartsheet is a personal budget that takes your income, expenses, and savings and categorizes these accordingly. Free Downloadable Monthly Budget Template What is the monthly budget and expenses for Google Sheets?ġ. How do I create a monthly budget in Google Sheets?.How to Make a Monthly Budget Template in Google Sheets.
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