Personal budgeting is a crucial skill that can help you achieve your financial goals, whether it’s saving for a big purchase, paying off debt, or investing for the future. Many people find it hard to keep track of their income and expenses, and end up overspending or under-saving. That’s why I created this excel template for personal budgeting, which you can download for free and customize to suit your needs.

This template is designed to help you track, categorize, and visualize your actual spending. It allows you to see your income and expenses by category, such as housing, food, transportation, entertainment, etc. This way, you can identify where you can cut or increase costs and adjust your budget accordingly.

To use this template, you will need to follow these simple steps:

• Download the template from the link below and open it in Excel.
• Enter your monthly income and expenses in the appropriate cells. You can use the drop-down menus to select the category and subcategory for each item.
• Review the summary tables and charts on the Dashboard and Summary sheets. They will show you your total income and expenses and your spending breakdown by category. The summary tables and charts will update automatically each time you update the spreadsheet.
• Save the file and update it regularly. You can use this template all year. Compare your monthly numbers and track your progress over time.

I hope you find this Excel template useful and easy to use. If you have any questions or feedback, please let me know in the comments section below. Happy budgeting!