Monthly Budget Worksheet

Plan your monthly budget by tracking income and expenses. Print this page (Ctrl+P) and fill it out by hand, or save as PDF.

Last updated March 2026

Part 1: Monthly Income

List all sources of income you expect to receive this month.

Income Source Amount
Job / Wages (after taxes)
Allowance
Side Job / Freelance
Other: ______________
Other: ______________
Total Monthly Income

Part 2: Monthly Expenses

List what you plan to spend this month. Use the "Planned" column before the month starts and the "Actual" column at the end of the month.

Expense Category Planned Actual
Needs (50%)
  Housing / Rent
  Food / Groceries
  Transportation
  Utilities
  Phone / Internet
  Insurance
Wants (30%)
  Entertainment
  Dining Out
  Clothing
  Subscriptions
  Personal Care
Savings (20%)
  Emergency Fund
  Long-term Savings
  Other: __________
Total Monthly Expenses

Part 3: Budget Summary

Total Monthly Income
Total Monthly Expenses (Planned)
Remaining (Income − Expenses)

Savings Goal Tracker

Reflection Questions

1. Was your actual spending higher or lower than planned? Why?

2. Which category was hardest to stay on budget for?

3. What would you change about your budget next month?

Turn Your Budget Into Action

Practice managing this budget with real banking transactions in CustomBank. Simulate deposits, bill payments, and savings transfers.