Personal Budget Template

Month: _____________ Year: _____________

Income

Source Expected Amount Actual Amount
Salary/Wages
Freelance/Side Income
Investments/Dividends
Other Income
Total Income

Fixed Expenses

Category Budgeted Actual
Rent/Mortgage
Utilities (Electric, Water, Gas)
Internet/Phone
Insurance
Loan EMIs
Subscriptions
Total Fixed

Variable Expenses

Category Budgeted Actual
Groceries
Transportation/Fuel
Dining Out
Entertainment
Shopping
Healthcare
Personal Care
Miscellaneous
Total Variable

Savings & Investments

Category Target Actual
Emergency Fund
SIP/Mutual Funds
Fixed Deposits
Retirement Fund
Other Investments
Total Savings

Monthly Summary

________
________
________

How to Use This Template

  1. Fill in your expected income and budget amounts at the start of the month
  2. Track actual amounts throughout the month
  3. Compare budgeted vs actual at month end to identify spending patterns
  4. Aim to save at least 20% of your income (50-30-20 rule: 50% needs, 30% wants, 20% savings)
  5. Review and adjust your budget monthly for continuous improvement

Want to edit this template? Download the Excel version below.

Download Excel Template