November 27, 2022

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5 cute free printable budget templates to organize your finances in 2023

5 min read

Budgeting is a smart strategy for anyone interested in paying bills efficiently, saving money, and paying off debt.

No matter where you are in life, budgeting is a great practice. However, there are hundreds of budgeting methods and thousands of platforms that can be used. Some people prefer to budget electronically.

Excel and Google Spreadsheets are viable options for tracking, but online platforms also exist. Mint is very popular for personal budgeting. Wave and Quicken are great for corporate budgeting. But it’s important to write a budget by hand on a piece of paper.

Handwriting your budget allows for a few things. First, you create a kinesthetic connection to your budget that strengthens your sense of connection and responsibility.

Second, you can change it as you need. Let’s say your income changes by a cent or two. You can easily account for this on a physical piece of paper using budget templates.

The best free pretty printable budget planners, templates and worksheets

Let’s look at some of the best free printable budget worksheets.

Printable budget worksheet for college students

Budgeting as a student is difficult. I have two college students and one who has just graduated. There are so many factors that sway, but it’s also the first real attempt at growing up.

College Life Made Easy has a great print version for college students. My college students love the college components of the preformatted example (textbooks, tuition), coming-of-age reminders (renter insurance, car payment), and realistic elements (dining out, wishes).

They also have other printables that are specific to college students.

RELATED POST: 7 Ways to Save Money as a College Student

Free budget template for professionals

Professionals have busy lives and limited time. You need a factual budget plan with all the information in one place.

Pretty Presets and Actions has a simple (and still nice) printable budget that includes reviews and savings, as well as savings goals. It’s simple, useful, and has everything you need right on the page.

Their website takes you to a slightly intimidating page when you decide to download it. Don’t freak out. It’s still free.

You also have additional prints available.

Printable budget worksheet for parents

Parents have different expenses that need to be considered. Things like childcare and diapers need to be factored into a monthly budget, but it’s also a good idea to divert savings into a college fund or savings account.

A Mom’s Take has a perfect print version for parents on a budget. It contains pre-populated areas for parents to take into account.

It’s also a great planning tool for those just starting out with budgeting, as it includes the three categories early bird buyers need: expected, actual, and difference.

Compiling a budget is difficult, so this printout gives you the opportunity to make mistakes.

Your website contains other inexpensive printables that are great to use.

Free printable budget template for retirees/steady earners

If you’re retired or have a fixed (fixed) income, you’ll have the same amount every month. This amount needs to be budgeted so that your variable expenses are less.

Clean and Scentsible has some really great options for those on a regular income. Some of the options available have variable income and expenses, but this clean, clear example shows stable sources of income without the need for variety, which isn’t required once someone has their budget figured out more concretely.

Besides this, there are many other options in budget printouts.

Best printable budget planners for beginners

Bobbi Printables is no nonsense. You print out your guide and go. It’s simple and easy to use.

Microsoft Office has printable budgets in Excel. These are great because most of them do the math for you, but they don’t have the handwritten element that’s important.

How do I choose?

Budgeting is something that takes time. Preferences change as often as circumstances change. Print out several and try different versions.

No matter what budgeting format you choose, the most important validation is that you are making progress towards budgeting.

What is a budget?

A budget is a comprehensive plan of where your money goes. It begins with a comparison of income and expenses. The expenses are either fixed (the same from month to month) or variable (different from month to month).

The variable expenses are the ones that you need to budget for, which means you estimate the amount that will be spent on those expenses.

For example, you can budget your electricity bill. You set aside $60 a month for your electric bill. Sometimes it’s $52.67 and sometimes it’s $59.23. But it shouldn’t exceed $60.

You can adjust your budget based on the month and expected usage. For example, our household has higher electricity bills (air conditioning) and lower gas bills (heating) in the summer, but these rates reverse in the winter months when we use more heat than air. Anyway, we still have to pay the bill.

Some items that you have a budget for are easy to overlook. For example, you can budget $50 a week for groceries. Sometimes you could exceed that $50. It’s usually for a need rather than a need. Therefore, it is important to exercise self-discipline when budgeting.

The goal of a budget is to have more income than expenses, so use those extra funds to pay off debt or save.

Why budget?

Budgeting is a great practice that can lead to increased savings. Planning income for every penny and tracking where every penny goes inspires our sense of responsibility.

If we plan every penny carefully, we may not be left with extra money every month, so we feel responsible for tracking those funds. In addition, it helps us spot habits and trends that may be costing us big bucks.

Martha Warner is a writer, editor, and educator. As a single mother for many years, Martha knows the value of money, how to work hard and how to be hectic. Her freelance career began as a side hustle (to support her love of travel) and quickly grew into the most lucrative career she has ever had. Martha still teaches at university and other online and face-to-face courses including Writing to Make Money, College Scholarship Writing and Write that Grant. Learn more about them on their website.

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