This is the full Sample Home Budget Workbook. Walk through the Home Budget Tour to see how we use this workbook for our family's financial planning. I hope you enjoy it and add your own spin as you make your personal budget fit your own needs.

1. An Excel Spreadsheet Example
Holly Justice 4/28/2014

2. Family Budget Projection
Updated 2014
Budget Projection Jan Feb Mar Qtr 1 Annual Projection
Income
Net Income 1st Check 1,200 1,200 1,200 3,600 14,400.00$
Net Income 2nd Check 1,200 1,200 1,200 3,600 14,400.00$
Extra Income - 200 100 300 1,200.00$
Total Net Income 2,400$ $2,600 $2,500 7,500$ 30,000.00$
Expenses
Rent 700 700 700 2,100 8,400.00$
Car Payment 245 245 245 735 2,940.00$
Water/Sewer 300 - - 300 1,200.00$
Electricity 65 65 65 195 780.00$
Natural Gas 50 50 50 150 600.00$
Garbage Pickup 55 - 55 110 440.00$
Medical, Prescriptions, Vet 100 100 100 300 1,200.00$
Car Insurance 80 80 80 240 960.00$
Clothing, Gifts, House Repair 100 100 100 300 1,200.00$
Internet 55 55 55 165 660.00$
Phone 60 60 60 180 720.00$
Gas for Car 90 90 90 270 1,080.00$
Vacation & Entertainment 100 100 100 300 1,200.00$
Food & Supplies & Eating Out 600 600 600 1,800 7,200.00$
Misc - -$
Total Expenses 2,600$ 2,245$ 2,300$ 7,145$ 28,580.00$
Net Profit ($200) $355 $200 355$ 1,420.00$
This is the projection prepared at the beginning of the year.
Holly Justice Page 2 2014

3. Family Budget Actual
Updated 2014
Budget Actuals Jan Feb Mar Q1 Apr May Jun Q2
Income
Net Income 1st Check 1,200 1,200 1,200 3,600 1,200 900 1,200 3,300
Net Income 2nd Check 1,200 1,200 1,200 3,600 1,200 900 1,200 3,300
Extra Income - 160 160 240 - 50 290
Total Net Income 2,400$ 2,400$ 2,560$ 7,360$ 2,640$ 1,800$ 2,450$ 6,890$
7,360 cross check 6,890
Expenses
Rent 700 700 700 2,100 700 700 700 2,100
Car Payment 245 245 245 735 245 245 245 735
Water/Sewer 275 - - 275 300 - - 300
Electricity 120 80 65 265 60 50 70 180
Natural Gas 200 185 50 435 50 35 25 110
Garbage Pickup 50 - 50 100 50 - 50 100
Medical, Prescriptions, Vet - - 150 150 200 300 - 500
Car Insurance 82 82 82 246 82 82 82 246
Clothing, Gifts, House Repair 100 100 100 300 100 100 100 300
Internet 50 50 50 150 50 50 50 150
Phone 50 50 50 150 50 50 50 150
Gas for Car 50 65 70 185 50 90 50 190
Vacation & Entertainment - - 250 250 - - 500 500
Food & Supplies & Eating Out 600 500 600 1,700 500 750 400 1,650
Misc 10 10 27 27
Total Expenses 2,522$ 2,057$ 2,472$ 7,051$ 2,437$ 2,479$ 2,322$ 7,238$
7,051 cross check 7,238
Net Profit (122)$ 343$ 88$ 309$ 203$ (679)$ 128$ (348)$
This is where you track your actual income and expenses
Holly Justice Page 3 2014

4. Family Budget Actual
Updated 2014
Budget Actuals
Income
Net Income 1st Check
Net Income 2nd Check
Extra Income
Total Net Income
Expenses
Rent
Car Payment
Water/Sewer
Electricity
Natural Gas
Garbage Pickup
Medical, Prescriptions, Vet
Car Insurance
Clothing, Gifts, House Repair
Internet
Phone
Gas for Car
Vacation & Entertainment
Food & Supplies & Eating Out
Misc
Total Expenses
Net Profit
Jul Aug Sep Q3 Oct Nov Dec Q4
1,200 1,200 1,200 3,600 1,200 800 800 2,800
1,200 1,200 1,200 3,600 1,200 800 800 2,800
- - - - - - - -
2,400$ 2,400$ 2,400$ 7,200$ 2,400$ 1,600$ 1,600$ 5,600$
cross check 7,200 cross check 5,600$
700 700 700 2,100 700 700 700 2,100
245 245 245 735 245 245 245 735
325 - - 325 260 - - 260
85 94 103 281 65 60 98 223
25 25 25 75 45 78 99 222
50 - 50 100 50 - 50 100
- - 200 200 100 - - 100
82 82 82 246 82 82 82 246
100 100 100 300 100 100 100 300
50 50 50 150 50 50 50 150
50 50 50 150 50 50 50 150
120 50 50 220 60 30 30 120
- - 250 250 50 50 50 150
800 700 600 2,100 500 700 600 1,800
2 2 50 50
2,632$ 2,098$ 2,505$ 7,234$ 2,357$ 2,195$ 2,154$ 6,706$
cross check 7,234 cross check
(232)$ 303$ (105)$ (34)$ 43$ (595)$ (554)$ (1,106)$
Holly Justice Page 4 2014

5. Family Budget Actual
Updated 2014
Budget Actuals
Income
Net Income 1st Check
Net Income 2nd Check
Extra Income
Total Net Income
Expenses
Rent
Car Payment
Water/Sewer
Electricity
Natural Gas
Garbage Pickup
Medical, Prescriptions, Vet
Car Insurance
Clothing, Gifts, House Repair
Internet
Phone
Gas for Car
Vacation & Entertainment
Food & Supplies & Eating Out
Misc
Total Expenses
Net Profit
Annual Actual
13,300$
13,300$
450$
27,050$
27,050 cross check
8,400$
2,940$
1,160$
949$
842$
400$
950$
984$
1,200$
600$
600$
715$
1,150$
7,250$
89$
28,229$
28,140 cross check
(1,179)$
(1,179) cross check
Holly Justice Page 5 2014

6. How Are We Doing
How Are We Doing?
Income Actual Projected Difference
Net Income 1st Check 13,300.00 14,400.00 (1,100.00)$
Net Income 2nd Check 13,300.00 14,400.00 (1,100.00)$
Extra Income 450.00 1,200.00 (750.00)$
Total Net Income 27,050.00$ 30,000.00$ (2,950.00)$
Expenses Actual Projected Difference
Rent 8,400.00 8,400.00 -$
Car Payment 2,940.00 2,940.00 -$
Water/Sewer 1,160.00 1,200.00 40.00$
Electricity 949.35 780.00 (169.35)$
Natural Gas 842.00 600.00 (242.00)$
Garbage Pickup 400.00 440.00 40.00$
Medical, Prescriptions, Vet 950.00 1,200.00 250.00$
Car Insurance 984.00 960.00 (24.00)$
Clothing, Gifts, House Repair 1,200.00 1,200.00 -$
Internet 600.00 660.00 60.00$
Phone 600.00 720.00 120.00$
Gas for Car 715.00 1,080.00 365.00$
Vacation & Entertainment 1,150.00 1,200.00 50.00$
Food & Supplies & Eating Out 7,250.00 7,200.00 (50.00)$
Misc 89.00 - (89.00)$
Total Expenses 28,229.35$ 28,580.00$ 350.65$
Net Profit (1,179)$ 1,420$ 2,599.35$
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
Net Income
1st Check
Net Income
2nd Check
Extra
Income
Difference in Income Chart
Actual
Projected
This spreadsheet uses links to the previous two spreadsheets to bring the
data together. It provides the source data for the charts.
Holly Justice Page 6 2014

7. Holly Justice Page 7 2014
$(300.00)
$(200.00)
$(100.00)
$-
$100.00
$200.00
$300.00
$400.00
Difference
Difference
Water/Sewer $40.00
Electricity $(169.35)
Natural Gas $(242.00)
Garbage Pickup $40.00
Medical, Prescriptions, Vet $250.00
Car Insurance $(24.00)
Internet $60.00
Phone $120.00
Gas for Car $365.00
Vacation & Entertainment $50.00
Food & Supplies & Eating Out $(50.00)
Misc $(89.00)
Difference in
Projected vs. Actual Expenses Chart

8. Holly Justice Page 8 2014
Rent
30%
Car Payment
10%
Water/Sewer
4%Electricity
3%
Natural
Gas
3%
Garbage Pickup
2%
Medical, Prescriptions, Vet
3%
Car Insurance
4%
Clothing, Gifts,
House Repair
4%
Internet
2%
Phone
2%
Gas for Car
3%
Vacation &
Entertainment
4%
Food & Supplies & Eating
Out
26%
Misc
0%
Actual Expenses Chart
Where the Money Went