How Do You Prepare A Family Budget Excel Spreadsheet?
The best way to tackle your home finances is to develop a family budget excel spreadsheet to track your family income versus expenses. Step 1 If your family has a home PC, mac, or laptop, you may access for free or can download from the internet a budget management software such as Microsoft Excel to help design your spreadsheet. Step 2 Design your budget using your excel spreadsheet around 6 main categories: 1. Total Monthly Family Income 2. Monthly Home Budget Expenditures 3. Monthly Auto Expenses 4. Monthly Debt 5. Monthly Family Living Expenses 6. Total Monthly Household Income (free income after expenses) Step 3 Monthly living expenses include rent or mortgage owed, property and casualty payments, loan payments, utilities, taxes, and any family repairs. Step 4 Auto expenses should include automobile loans, gas, car insurance, and automobile maintenance for your family. These payments make up the next category on your budget excel spreadsheet. Step 5 Family debts should include any
