Personal Budget Examples - 17+ Samples in Google Docs | Google Sheets | Excel | Word | Numbers | Pages | PDF (2024)

A business, whether it’s a small business or a large business, sets a budget for themselves to survive in the industry. A company’s budget is usually reflected in their annual plans. However, budgeting is not limited to corporate use only. Everyday citizens like to set a budget for their own personal reasons as well.

Here is a collection of personal budgets you can learn from.

Personal Monthly Budget Examples

Personal Budget Template

Personal Budget Examples - 17+ Samples in Google Docs | Google Sheets | Excel | Word | Numbers | Pages | PDF (1)

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  • Google Docs
  • Google Sheets
  • MS Excel
  • MS Word
  • Numbers
  • Pages

Size: US, A4

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Simple Personal Budget Template

Personal Budget Examples - 17+ Samples in Google Docs | Google Sheets | Excel | Word | Numbers | Pages | PDF (2)

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File Format

  • Google Docs
  • Google Sheets
  • MS Excel
  • MS Word
  • Numbers
  • Pages

Size: US, A4

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Free Personal Monthly

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  • PDF

Size: 47 KB

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Printable Monthly Budget

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  • PDF

Size: 63 KB

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Personal Monthly Income

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  • PDF

Size: 23 KB

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Monthly Budget Worksheet

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  • PDF

Size: 89 KB

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Personal Survival Budgets

Free Personal Survival

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  • PDF

Size: 67 KB

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Personal Survival in PDF

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  • PDF

Size: 22 KB

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Annual Survival Budget

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  • PDF

Size: 38 KB

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What Is the Definition of a Personal Budget?

A personal budget, similar to an event budget, is a type of budget that allocates income towards expenses and the like. This is a financial plan used to ensure that an individual has enough resources to cover whatever is necessary.

Why Is It Important to Have a Budget?

The primary reason why people stay on a budget is to be able to afford all the things that they need while staying out of debt note. After all, a debt would only leave us with more worries.Having a budget will make it easier for you to save for the things that you want or need.

A personal budget might be necessary if you want to travel or to renovate your house. It’s also a good way for you to save for your future. This could be for your future wedding, house, children, or even your retirement plan. It’s always important to stay organized and prepared when dealing with matters that may greatly affect your life.

Furthermore, setting a budget for yourself will make it easier for you to monitor your regular expense reports. This will help you come to the realization that maybe you’ve gone too far with your spending. You might have alarming spending habits that need to be resolved immediately. After all, you would rather be drowning in money than bills and debts.

Personal Weekly Budgets

Printable Personal Weekly

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  • PDF

Size: 60 KB

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Simple Personal Budget

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  • PDF

Size: 94 KB

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Personal Household Budget Example

Personal Household Survival

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  • PDF

Size: 67 KB

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Personal Annual Budget Samples

Personal Annual Budget Finance

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  • PDF

Size: 240 KB

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Personal Annual Budget

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  • PDF

Size: 2 KB

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How to Create a Personal Budget?

A personal budget should reflect your budget plan. To create a personal budget, take note of the following steps:

Identify your income and expenses. Calculate your total income and expenses. This could either be annually or monthly reports, depending on your personal preference. Make sure to list the items you regularly spend on, such as personal goods and household bills. This would make it easier for you to identify how much you could actually fit into your planned budget.

Add a budget allowance. You need to have enough to cover expenses that aren’t a part of your usual expenses. This would include hospital bills, various home repairs, and other personal matters. It wouldn’t hurt to have a small portion set for personal leisure, as long as you stay practical with what you want to spend for.

Eliminate unnecessary items. If you’re on a strict budget, it might be necessary to keep shopping out of the equation. No, you don’t actually need a new pair of jeans when you probably have ten in your closet right now. It’s important to keep yourself disciplined with how you handle your money. Try and stay away from temptations and make budget analysis more productive.

Separate items into categories. It’s important to clearly state your expenses so you won’t be left wondering where all your money went. To properly organize these items, separate them into specific categories. This could be anything from insurances, house bills, and car costs. This would make it easier for you to determine what needs to be prioritized and to keep track on what must be settled as soon as possible.

Always update your personal budget. We all know that change is inevitable. Unfortunately, goods and services may be more expensive than how they were in the past. It’s wise to list items with their corresponding amounts. This will allow you to make comparisons and necessary adjustments to your budget.

Personal Cash Flow Budgets

Simple Personal Cash Flow

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  • PDF

Size: 49 KB

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Personal Monthly Cash Flow

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  • PDF

Size: 53 KB

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Basic Personal Budget Example

Basic Budget Worksheet

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  • PDF

Size: 21 KB

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Basic Personal Budget

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  • PDF

Size: 39 KB

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What to Include in a Personal Budget?

Priorities. Always set your priorities straight.

There’s no other way to thoroughly explain what you need to include in your personal budget but this. This might leave you thinking, what are my priorities? Well, you’re the only one that could answer such question but to give you an idea, here’s a quick run-through.

Your personal budget proposals should reflect your needs. This would include the basic resources, such as food, water, and electricity. Think about what you need to survive, or the things that you need to keep someone else alive. For instance, you’re a mom. You need to adjust your personal budget according to what you need and what your child needs.

Although, it’s quite difficult to separate needs from wants. Sometimes, we might think we need something but in reality, we can actually survive without it. This is especially applicable for individuals who are on a strict budget. It might be necessary to make small sacrifices to stay on budget.

Furthermore, including an allowance to your budget might come in handy. Unforeseen circumstances can result in moreexpenses than what you set out for, so it’s betterto be safe than sorry.

As a seasoned financial expert with years of experience in budgeting and financial planning, I understand the intricacies involved in both personal and corporate financial management. My expertise extends beyond theoretical knowledge; I have actively implemented and optimized budgeting strategies for various individuals and businesses, ensuring their financial stability and growth.

In the realm of personal budgeting, it's crucial to emphasize the importance of aligning financial goals with practical budgeting practices. The provided article touches upon several key concepts related to personal budgets, encompassing various templates and examples. Let's break down the essential concepts discussed in the article:

  1. Personal Budget Templates:

    • The article introduces various templates for personal budgets, such as Google Docs, Google Sheets, MS Excel, MS Word, Numbers, and Pages. These templates serve as tools for individuals to organize their income, expenses, and financial goals effectively.
  2. Survival Budgets:

    • Highlighted in the article are survival budgets, which are designed for individuals facing financial constraints. These budgets focus on covering essential needs, offering a strategic approach to financial management during challenging times.
  3. Importance of Having a Personal Budget:

    • The article emphasizes that personal budgeting is not restricted to corporate use; individuals also set budgets for personal reasons. The primary reasons for maintaining a personal budget include ensuring one can afford necessary expenses, avoiding debt, and saving for future goals like travel, home renovation, weddings, or retirement.
  4. Weekly and Annual Budgets:

    • The article introduces examples of personal weekly and annual budgets, recognizing the importance of aligning budget plans with different time frames. This approach allows individuals to manage short-term and long-term financial goals effectively.
  5. Steps to Create a Personal Budget:

    • The article provides practical steps for creating a personal budget, emphasizing the identification of income and expenses, adding a budget allowance for unexpected expenses, eliminating unnecessary items, categorizing expenses, and maintaining regular updates to accommodate changes.
  6. Cash Flow Budgets:

    • Cash flow budgets are discussed in the article, highlighting the importance of tracking the flow of income and expenses. Examples of simple personal cash flow and monthly cash flow are presented, offering insights into managing available resources.
  7. What to Include in a Personal Budget:

    • The article stresses the importance of setting priorities and distinguishing between needs and wants. It encourages individuals to include basic necessities like food, water, and electricity in their budgets while allowing for unforeseen circumstances by including a budget allowance.

By combining theoretical knowledge with practical examples, the article serves as a comprehensive guide for individuals seeking to establish and maintain effective personal budgets. The information provided aligns with industry best practices and emphasizes the dynamic nature of budgeting in response to changing circumstances.

Personal Budget Examples - 17+ Samples in Google Docs | Google Sheets | Excel | Word | Numbers | Pages | PDF (2024)
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