Let’s face it, you’re not going to use a budget unless it’s incredibly simple. This super easy budget worksheet has just enough features to help you watch your spending with minimal effort. The Super Basic Budget is the upgraded 12-month version of the Super Starter Budget. If you liked our Starter budget and now want a full length budget spreadsheet with more categories, the Basic budget is for you!
To set up your budget template, first enter the budget time frame. Select the starting month and year from the drop down menus, and the ending month and year will calculate. Your budget will be tracked for 12 months. Next enter your monthly net income. There’s a handy built-in monthly net income calculator for those who receive a weekly, biweekly, or bimonthly paycheck. Next, enter up to 20 spending categories and the monthly budget amounts next to each category. Use the PLUS, MINUS, UP and DOWN buttons to easily add, delete, or move your categories around.
On the Expenses sheet, log each of your expense items by entering the date, description, amount, and category. The budget worksheet will track your spending for each month based on the dates entered. Continue to log your spending for the entire 12 month period. There are PLUS and MINUS buttons that let you easily add or delete rows.
This easy budget worksheet has many features to help you understand where your money’s going. On the Month Detail sheet, check out the savings and spending summaries at the top, and the spending by category section at the bottom. To the right-hand side, you’ll see two pie charts, one for budget spending by category and another for actual spending by category. Compare the two pie charts to see which areas you are overspending relative to your budgeted amounts. To check out other months, simply click on the month buttons at the top of the screen.
To track your spending habits month by month, review the Annual Summary sheet. This sheet provides the same budget and actual amounts that you saw in the Month Detail, but for all 12 months of the year. It’s a really easy way to see how your spending fluctuates during the year. You’ll also see the total, year-to-date, and average calculations for each category.
For detailed instructions on using the Super Basic Budget spreadsheet, check out How to Use the Super Basic Budget.
- 12-Month Budget
- One Regular Income Source
- Up to 20 Expense Categories
- Budget Spending Pie Chart
- Actual Spending Pie Chart
The Super Basic Budget is a straightforward, easy budget worksheet for those that just want a simple budget template in Excel. If you’re someone who wants to drill down your budget into more detail, check out the Super Deluxe Budget. The Deluxe version lets you budget by subcategories, track irregular and regular income, and track irregular and regular spending, and even track spending by account.