Free 50+ Monthly Budget Samples in Publisher | MS Word | Pages | PDF | Numbers | MS Excel | Google Docs | Google Sheets

A budget plan template is a tool used by an individual or organization to track when and how they earn and spend their money, allowing them to monitor their cash flow. By creating a budget plan, you can effectively manage your spending and better understand if your business has enough revenue to pay for its expenditures. With a monthly budget worksheet, you can plan how you will be spending your money every month such as rent, credit card payments, utilities, loan payments, and other expenses that you have to pay on a monthly basis.

A budget plan template is a tool used by an individual or organization to track when and how they earn and spend their money, allowing them to monitor their cash flow. By creating a budget plan, you can effectively manage your spending and better understand if your business has enough revenue to pay for its expenditures. With a monthly budget worksheet, you can plan how you will be spending your money every month such as rent, credit card payments, utilities, loan payments, and other expenses that you have to pay on a monthly basis.

50+ Monthly Budget Samples

1. Real Estate Monthly Budget Template

 

2. Corporate Monthly Budget Template

3. Restaurant Monthly Budget Template

4. Monthly Cash Budget Template

5. Monthly Profit and Loss Budget Template

6. Personal Monthly Budget Template

7. Monthly Budget Tool Template

8. Fillable Monthly Budget Template

9. Simple Monthly Budget Template

10. College Student Monthly Budget

11.  Monthly Budget Worksheet Template

12. Basic Monthly Budget Template

13. Financial Health Check Monthly Budget Template

14. Generic Student Monthly Budget Template

15. Monthly Food Budget Template

16. Monthly Budget Planner Template

17. Spending Plan Monthly Budget Template

18. Monthly Budget Track Template

19. Monthly Budget List Template

20. Monthly Household Budget Template

21. Bank Monthly Budget Template

22. Monthly Budget Example

23. Monthly Budget for Kids Template

24. Monthly Budget Activity Template

25. Detailed Monthly Budget Template

26. Editable Monthly Budget Template

27. Business Monthly Budget Template

28. Relocation Monthly Budget Template

29. Teens Monthly Budget Template

30. Monthly Budget Sheet Template

31. Creating Monthly Budget Template

32. Printable Monthly Budget Template

33. Monthly Budget Module Template

34. Monthly Budget in PDF Template

35. Monthly Budget Report Template

36. Family Monthly Budget Template

37. Household Monthly Budget Template

38. Intern Personal Monthly Budget Template

39. Committee Monthly Budget Template

40. General Monthly Budget Template

41. Luxurious Monthly Budget Template

42. Sales Monthly Budget Template

43. Monthly Budget for Adults and Families Template

44. Retirement Monthly Budget Template

45. Insurance Cost Monthly Budget Checklist Form

 

46. Monthly Budget Analysis Template

47. Monthly Bankruptcy Budget Schedule Template

48. Financial Monthly Budget Template

49. Monthly Budget Performance Report Template

50. Individual Monthly Budget Template

51. Insurance Monthly Family Budget Template

What is a Monthly Budget?

Monthly budgeting is a method that ideally involves spending less money than what you earn every month which leaves you a portion of your salary to save. Budgeting allows you to easily plan your spending before they occur instead of expecting that you will have enough money to cover all of your essential costs and emergencies. As a small business owner, a business budget template helps you in identifying whether you still have enough money to spend on your business operations, expand, and drive income.

How to Create a Monthly Budget

A monthly budget is part of a business management plan and strategic planning to make sure that the business has enough funds to spend on its expenditures every month. With a business budget template, business owners can determine whether they have available capital, estimate their expenditures, and enable them to forecast their revenue. A monthly business budget is a financial plan created to represent the business’ income and expenses history.

Step 1: Determine Your Income Each Month

Start by calculating how much you earn each month to set the limit of how much money you can spend and save monthly. If you are using a budget plan to achieve your personal goals, look for consistent sources of income like your paycheck from your regular job.

Step 2: Create an Estimate of Your Spending

To estimate how much money you spend every month to track your spending. You can divide your expenses into fixed costs and flexible expenses. Fixed costs include rent, salaries, and insurance payments while flexible expenses refer to raw materials and commissions.

Step 3: Create Your Budget Plan

When creating your budget plan, list down various items for each spending category. These categories can be your emergency fund, down payment for a home purchase, or more. You can use your spending history to guide you in creating a budget.

Step 4: Track and Refine Your Budget Plan

Budgeting is not a one-time process. After creating your own budget, make sure to track your expenditures continuously and give the effort to follow your plan. You can review it every six months or once a year to determine your progress and performance, whether you are sticking to it or not. Revise your plan as your expenditures and income change.

FAQs

A monthly budget is a tool used by businesses or companies to keep track of how and when they earn and spend their money or funds. It enables them to see and understand whether they still have enough incoming money to pay for their business expenses as well as helps them make more informed business and financial decisions. Monthly budgeting is an ongoing process and it is necessary for businesses to review and revise their budget on a monthly or quarterly basis or when changes occur to the business.