Budget, budget, budget! If you want to take control of your finances, financial experts encourage doing that. However, most people admit that setting a budget is simple; the actual tracking is the challenging part.
There is no simpler way to start your journey to financial independence than utilizing free printable budget templates available on the internet. It’s possible that spending money while trying to save money isn’t what you had in mind. Why not start with a free printable budget worksheet?
Remember that budgeting gives you control over how much you spend, and how much you save and help you prepare for emergencies. The tracking process becomes more accessible for you and more manageable using free printable budget planners.
1. What Are Budget Templates & How Do They Work?
A budget template is a simple spreadsheet that streamlines and organizes the tracking of your income and expenses. You can find budget templates in various programs, such as Microsoft Excel and Google Sheets, and Calc templates from Apache Open Office templates.
To avoid the hassle of creating one, why not choose one of the free printable budget templates we’ll mention. Why not join the 86% of Americans budgeting best-way-to-budget, to avoid living paycheck to paycheck.
2. What To Include In Your Budget Template?
A reasonable budget should include all aspects of your financial position. The four elements listed below should form the basis of any budgeting template.
- Include your different sources of income, like salary, investments, side hustles, and so on.
- Indicate the various forms of savings you have; financial experts in budgeting emphasize the saying of paying yourself first.
- Account for the debt repayments; you have small debts like credit cards and huge debts like mortgages.
- People have different lifestyles; hence general expenses differ. Include your essential expenses like rent, electricity bills, car bills, etc. No budget is complete without non-essential bills like entertainment and recreation expenses.
3. How to Choose A Free Printable Budget Template?
Manually creating a budgeting template is time-consuming and, in most cases, challenging. Premade templates are easy to obtain and can enable you to get organized more quickly. There are several key traits that a budgeting template should have.
Let’s take a look at three key traits:
- Adjusting your earnings and spending should be straightforward using the budgeting templates.
- The budgeting template should be flexible enough to allow you to add additional fields or adjust existing categories.
- It should feature a system that allows you to update it regularly and saves you time when tracking your expenses, income, and savings. The template should be neat.
4. What is a Printable Budget Template?
A printable budget template is a resource available in PDF format (preferably, A4 or A5 sizes) that aids you in keeping track of every aspect of your finances. It provides a list of all your costs, sources of income, and savings. If you like to plan everything with pen and paper, these budget worksheets will be a perfect solution for keeping track of your finances.
5. How to Use a Budget Template or Worksheet?
It’s easier to use a budget template than make your own.
- Prepare to fill in the various sections once you’ve decided on the budget template format you wish to utilize.
- Know all of your sources of income, including your regular job, side hustle, investment or company revenue, child support, etc.
- Fill in the blanks with all of your expenses.
- Take a look at the totals for both.
Now that you know what a budget template is and how it works let’s look at our pick of the best 24 free printable budget templates.
24 Free Printable Budget Templates For 2022
1. Evernote’s Free Budget Template
Evernote has made budgeting easier. Their short template allows you to keep track of both income and expenses in one place. It will enable you to keep track of your monthly savings goals and the beginning and ending balances.
You can indicate your general expenses in the budgeting template’s spaces, quickly adding new rows. You can conveniently compare what you intended to spend with what you paid.
It includes some note sections where you can keep track of your month’s progress.
2. Free Printable Budget Sheet By Printable Crush
Because this budget sheet is pretty colorful, you will have no trouble filling in all categories. There are sections for everything from charity, food, utilities, rent, mortgage payments, transportation, and entertainment bills.
The budget sheet aids in the preparation of a monthly budget and tracks your expenses until the total amount spent every month is determined. Don’t forget to enter your monthly income, total debts (beginning and ending), and savings target.
3. Free Printable Budget Worksheets For College Students
College can be difficult at times if you don’t take charge of your finances from the start. A free printable budget college template can help you take control of your spending and prevent getting into serious debt.
Chase, the dream writer, has designed a basic budget template that isn’t nearly as difficult as your maths homework, I promise! It features sections for your income and expenses, such as tuition, housing, dining, and other additional costs.
The budget, expense tracker, and financial aid sources templates are three pages long. You can access them here
4. Free Budget Planner for Moms
Running a household is challenging enough; add in financial planning, and you can easily pull your hair out. Get a free printable budget template that features sections that cover your finances adequately to make mom’s life easier.
It features four more sections in addition to the savings, income, and expenses sections. A bill management calendar on which you can list all of your bills, their due dates, and the amount you should pay. A yearly payment tracker, a net worth tracker, and a rainy day reserve budget are all available.
5. Free Teen Budget Worksheets: Free Printable Budget Templates for Teens
Why not help your kids prepare for adulthood by teaching them money management skills? Begin with the simplest tasks, such as budgeting. Teach children how to manage their allowances, money gifts from grandparents, payment for chores completed, and money earned from that summer job.
While teen budget sheets aren’t as frequent as adult budget sheets, we did find one at MoneyProdigy. You might begin by teaching them how to plan a week’s worth of activities.
Expenses, savings, money sources, and a money calendar are other sections in the template which will help them plan for the month ahead.
6. Zero Based Budget: Free Printable Budget Sheets from Dave Ramsey
It’s much easier to keep track of every penny when you have a monthly budget. Dave Ramsey has created such a detailed worksheet that, if completed correctly, you would be able to see exactly how you spent all of your money.
Use it for savings or debt repayment if you have any money left. If you have a negative balance, you are not living within your means and may need to grow your income or reduce expenses.
7. Free Printable Budget Templates PDF
Most people find budgeting boring, especially if it requires them to sit down and devote time to it. However, with a simple budget template in PDF format, you can love it.
A household budget template is available in PDF format from freebie finding mom. It has sections for monthly, annual, and long-term goals. A section for your monthly income, bills, and expenses is in the PDF budget template.
8. Free Printable Budget Worksheets for Students
If you don’t organize your funds wisely, student life can be stressful at any point. Whether you’re in high school, college, or university, you can quickly end up with credit cards that you won’t be able to pay off for years.
A free student printable budget template will assist you in planning your meals, textbook purchases, cellphone and internet costs, and travel costs to and from home, among other things.
This one includes a section on annual income that details where you expect to receive money and how much you will receive.
9. Free Printable Budget Planner Worksheet By NerdWallet
A free printable Budget Template is also available from one of the most well-known websites for money advice and financial resources.
NerdWallet recommends sticking to a 50/30/20 budget. You should spend 50 % of your income on necessities, 30 % on wants, and 20% on savings and debt repayment.
While you might not be able to follow the rule right away, as you continue to work on your income, expenses, and savings, it will finally align with the budget recommendation. Your monthly income, monthly needs, wants, savings, and debt repayments are all divided into sections.
When you’ve accomplished all that, the NerdWallet template will assist you in comparing your results to the budget guidelines.
10. Free Printable Budget Templates For The Entrepreneurs
Budgeting is not only confined to personal finances. Businesses, too, should keep budgets to manage their business finances well.
This free marketing budgeting template applies to small business owners and all entrepreneurs who want to stay in control of their business finances.
You’ll be able to check your budget versus your spending on public relations, paid advertising, product marketing, and many others. Let not the lack of a budget find you wondering where all the money has gone at the end of a financial year.
11. Free Printable Budget Templates On Excel
If you want an easy-to-use free printable budget template, Smartsheets has an excel version. Their personal budget template is uncomplicated and straightforward.
You’ll be able to track your progress month by month with categories for income, savings, and expenses. A simple graph at the top of the template shows you how you’re doing with your budgeting in percentages.
12. Free Printable Budget Binder – Weekly Expense Sheet
This budget binder with a weekly expense sheet is all you need if you want to be more thorough with your budgeting. It includes month-at-a-glance, monthly ledger, and savings ledger sheets.
The binder is available in three different styles; all you have to do is pick your favorite. The worksheets will help you create a simple budget that is easy to maintain and follow.
13. Free Printable Monthly Budget Worksheet
If you have a lot of expenses and need a basic printable budget, go with Mom Managing Chaos’s free printable budget. Income, monthly variable bills, fixed bills, debts, savings, and other budget categories are detailed.
The worksheet includes an additional page that explains the various budget categories. You’ll be able to track all of your expenses, savings, and debts on one page.
14. Free Printable Monthly Budget Planner PDF For the UK
You won’t be able to align your finances until you create a budget. Only then will you be able to see if you’re overspending on groceries or takeaways towards the end of the month.
This planner can help you determine which expenses are most important. You’ll be able to allocate your income more appropriately and still decide which areas to cut back on. To avoid overspending in this area, plan how much money you should set aside for recreation ahead of time.
15. Free Weekly Budget Worksheet PDF
Some people, particularly those paid weekly, like to keep track of their costs weekly. They want to record expenses, so they don’t waste time attempting to recall them at the end of the month.
You’ll be able to track your weekly income and expenses with the weekly free printable budget planner. This template at 101planners ensures that you can pay for your weekly costs and avoid borrowing money during the last week of the month when most bills are due.
Make it a point to set weekly savings goals and save every week. Those paid weekly have weekly access to their money, as opposed to those paid at the end of the month, which might lead to money mismanagement.
16. Free Printable Debt Snowball Template
For many folks, debt repayment and management are still primary sources of stress. When you’re trying to pay off debt, you need to be able to see your progress every time you make payment.
The snowball budget template shows how you should, pay off your smaller debts first. Once you’ve paid off the little debts, use the money you saved to pay down the more considerable debts.
However, this does not imply that you do not pay your large debts; you pay the minimal amount at first. You’ll be able to add the sums you paid for the small amounts afterward.
17. Family Budget Binder Printables: Free Family Budget Worksheets
Budgeting for a family is a big job since many individuals are involved. The family binder from cleanandscentsible.com is one of the most uncomplicated budget templates.
The binder has a budget-at-a-glance section with three pages for income, expenses, and goals. At a glance, a budget summary with totals and a debt tracker. You’ll get a budget tracker to assess how well you’re sticking to your goals.
18. Free Printable Monthly Budget Worksheet
While most people receive their money at the end of the month, They usually pay the bulk of their costs weekly. As a result, you’ll need a paycheck budget template to track your overall income and distribute it over the weeks.
You can be confident that you have adequately covered your expenses after dividing your income into weekly portions. If you don’t do this, you’ll have to borrow money in the middle of the month to cover some bills before your next paycheck arrives.
19. Free Printable Budget Templates By Mint
If you’re unsure which free budgeting template will work best for you; we recommend checking out Mint’s free printable budgeting templates. They have several of them that you can look at before picking which one to go with.
Budget templates are available for the home, daycare, student, college, and various situations. You can start with the most basic budget if you are a beginner in budgeting.
20. Free Printable Budget Templates For Schools
If you are a school administrator, school budget templates might assist you in running the school.
Because schools have several departments, a standardized budget for all of them would be helpful. You can print multiple budget copies and distribute them to different heads. Eventually, you’ll be able to combine all of the budgets into one. You can find it here.
21. Free Printable Budget Templates With A Budget Calculator
This printable budget template is perfect if you need to do your budget quickly and don’t want to write anything down or calculate anything. This template calculates the totals for you as you fill in your data.
When you’re finished, print your template and check the areas that require attention. It’s a simple template with only sections for income and expenses, but it lets you assess how your finances are.
22. Free Printable Budget Templates for Single Mom
While anyone can use any of the templates we’ve mentioned, we have one specifically for single moms. Because a single mother’s income is limited, she may need to be more selective.
It does, however, appear to include sections encouraging you to set away money for your care.
23. Free Printable Budget Worksheets by FrugalFanatic
Budgeting is enjoyable for you if you find a simple and easy-to-use one. Well, here is one that will keep your budgeting until you get the hang of it.
It’s an awesome budgeting spreadsheet that isn’t at all confusing. You won’t have to give up on your financial goals when you have this basic template.
24. Free Printable Colour Coded Family Budget Template
If you’re looking for a colorful and fun budget template, look no further. Check out wondermumwannabe.com’s color-coded template.
There are three separate sheets in the budget template. For family money, savings objectives, and budgeting.
Free Printable Worksheets: FAQs
1. Does Google Sheets have a Budget template?
Yes, they do. You can use a budget template from Google Sheets. Go to your Google Drive-spreadsheets-spreadsheets template Gallery. You’ll have the option of using an annual or monthly budget template.
Sections for income and expenses are in precise detail. It automatically calculates the difference, showing you if you have diverted from your budget as you type in the details. The template is in two sheets, one for the summary and the other for actual transactions.
2. How to Make a Printable Budget Sheet?
Creating a budget template is as easy as the following steps.
- Select an application that allows you to create and edit spreadsheets.
- Most programs will come up with a template; simply select the one that best suits your needs.
- With Income, general expenses, savings, and debt payments as the headlines; fill in the blanks under the section headings with your information.
- The majority of templates can perform basic tasks like addition and subtraction. However, you’ll need to include the formulas for the cells.
- Once done, you can now print the budget sheet.
3. Is there a free app for budgeting?
Indeed, there is an app for budgeting. Mint offers one of the best free budgeting apps. You can manually add your transactions or sync them with your financial accounts within the app.
4. Does Excel have a Budget template?
Yes, Excel has a pre-made budget template with a minimalistic design that you can use for budgeting.
5. Why should you use a printable vs a budgeting app?
There are several reasons why a printable budget is better than a budgeting app.
- When you sync your app with your account to automate tasks like bill payments, you can lose track of what’s going on in your account. If you don’t check to see if your income is sufficient to pay your expenses, you can wind up with an overdraft.
- Using a budgeting app to monitor your finances may lead to a lack of commitment to your finances in the long run. You can’t decide whether to increase your savings or pay your bills first.
- You’ll be frustrated until you find an app that can match how you earn and spend money. For example, you have an app dependent on a paycheck, but you are a freelancer with an uncertain income.
6. What is the 50 20 30 budget rule?
The 50 20 30 budget rule guides you on how you can apportion your monthly net income into three parts:
- 50% – needs
- 30% – wants
- 20% – savings
And, keep track of your finances to make better decisions about your life. So that, when planning a vacation, you already know whether you can afford it or not.
Hey there, welcome to my blog!
I’m Swati, a mom, a personal finance enthusiast, and the owner of TheBlissfulBudget. My work has been featured in major publications including Fox 10, Credit Cards, Cheapism, How to Fire, Databox & Referral Rock.
I help busy budgeters like you save and make money by utilizing simple yet effective methods that can create wonders.
My Mantra: You are entitled to live the life you desire, and financial bliss should be simple to obtain–check out my blog for helpful tips on acquiring wealth easily.