This is how much you’ve overspent on your monthly budget allowance for that section. If used accurately, the Excel budget template will show you where you are overspending in your budget each month as the ‘difference’ column will update with a red icon.

You can then update the ‘actual cost’ to calculate the ‘difference’.

Your monthly budget for savings and investmentsĮach of these categories is broken down into individual rows in the budget planner with their ‘projected cost’ which allows you to forecast your monthly expenses.Your monthly budget for gifts and donations.Your monthly for existing loan payments.The budget sections are split into the following 12 categories: This simple budget planner opens as a spreadsheet that requires access to Microsoft Excel to work. How to use the excel monthly budget template You can download the Excel budgeting template for free here:Ī monthly planner to create your personalised budget is a great way to manage your finances to ensure that you are not living above your means, that you know how much you can spend on certain items, and that you are not caught short of money at the end of the month. You can start 2022 off the right way with our monthly budget template, which is designed to help you manage all aspects of your daily budget in an easy-to-understand Excel budget spreadsheet. As the cost of living continues to rise in South Africa, it is important for us to know where our hard-earned money goes and what our major monthly expenses are.

Free income and expenses spreadsheet