Use this excel monthly zero based budget template inspired by Dave Ramsey’s zero-based budget method to keep track of your spending and to get control of your finances. I used this monthly budget planner to pay off over $60,000 in debt and save for our home down payment. You can use this spreadsheet to star, or continue, your debt-free journey, too! Planning your finances should be stress-free, so we’ve done the work of creating this template to help you stay focused on your money goals for the year.
This easy, simple, yet powerful excel monthly budget template is an annual budget template digital download that you can use year after year, month after month.
You can enter your income and expenses every month and use the bill details spreadsheet to stay organized. You can budget from paycheck to paycheck - the formulas automatically calculate your income minus your expenses and how much money you have left to assign, it’s so easy to use!
What you can do with this spreadsheet:
- Customize the colors, currency, payment frequency, and more
- Use on your computer as well as mobile device (phone and tablet
- Create multiple zero-based budgets, without worrying about altering the original file
- This zero-based budget template is compatible with Microsoft Excel, Google Sheets, and Numbers!
*** WHAT’S INCLUDED ***
There are Four (4) sheets and additonal practice sheets included in this bundle:
1) MY ZERO-BASED BUDGET
This zero-based budget monthly and annual expense tracker allows you to enter multiple streams of income and expenses for each month. The sheet is organized by pay period, which allows you to plan for each expense paycheck to paycheck. If there’s money left over to assign or if you’ve gone over budget, the “Left to Assign” field at the top of the spreadsheet turns red, alerting you to make an adjustment to meet the goal of having a zero-based budget. The total income and expenses for each pay period automatically calculate for you! Easily add additional rows to the center of each expense or income category. You can also change the currency and colors with just a few simple clicks.
Save this budget template spreadsheet to the cloud (such as iCloud, Google Sheets, or Numbers) and update your list no matter what device you’re on. This sheet can be duplicated by right-clicking on the tab, selecting “Move or Copy…”, then selecting the “Create a Copy” button.
2) BILL DETAILS
Organize your bills and keep track of every debt in this bill detail planner. This spreadsheet is one of the best financial planning tools to help you complete your zero-based budget. Enter details about the company, amount due, payment frequency, due day, per-month cost, payment type, contact details, and more. For expenses that are due multiple times a month or only a few times a year, this spreadsheet will automatically calculate your per-month total for you to add to your zero-based budget.
Create your own frequency, payment type, and due day categories - the list can be edited as you see fit!
3) DEBT PAYOFF TRACKER
Keep a running total of how much you’ve accomplished in your debt journey! The debt payoff tracker allows you to enter each debt/loan, track your starting and ending balances every month, and automatically calculates how much you’ve paid off per debt, per month, and for ALL of your debts per year. This sheet is perfect for those working on baby step two of Dave Ramsey’s seven baby steps to get out of debt using the snowball method.
4) ZERO-BASED BUDGET CHART
>>BONUS>> What better way to manage your finances and track your income vs. expenses vs. left to assign than visually with a chart! The chart automatically updates based on your zero-based budget sheet without any additional formulas.
View the full tutorial on how to use this dynamic zero-based monthly tracker here: https://youtu.be/2onYvzqbfDI
