Home Expenses Template: Top 3 Free Templates + Bonus Service

Budgeting a home can be a total disaster without a system. A template for home expenses is a practical tool to help individuals and families to track, plan, and manage their household spending.

A template for home expenses is not just a tool; it’s a financial buddy that keeps you on track and helps you make smart financial decisions on a monthly basis.

By categorizing expenses and giving you a clear picture of your finances it lets you take control of your money and achieve your financial goals.

How do you budget?

To budget, start tracking your income and expenses monthly to see where your money is going.

The easiest way to do this is to use a budget worksheet or template to categorize your expenses so you can see where you’re overspending.

When budgeting, I’ve found it’s also super helpful to set financial goals, such as saving for a deposit on a house or paying off debt.

Where can I find a budget template for home expenses?

You can find templates for home expenses online.

Here are some free downloads:

1. Monthly Budget Tracker by Microsoft

👉Download Link

Compare your estimated income to what you spent with this monthly budget worksheet. Use budget templates to track housing, food, insurance, entertainment, and transport. 

Get insight into your spending and make wise decisions. Budget templates are ready to use or customize with your own categories.

2. Household Expense Budget by Smartsheet

👉Download link

A budget worksheet is handy when managing spending for your family. This template gives you a look at your household’s planned vs actual income and monthly individual category expenses. Tracking this info will help you achieve your financial goals, prepare for emergencies, and plan for the future.

3. Money Manager Template by Smartsheet via Sheetgo

👉Download link

The Money Manager Template by Smartsheet is a financial tracking tool for individuals and businesses. It allows users to manage budgets, expenses, and income in one place with customizable categories, automated calculations, and real-time updates. 

The template is perfect for personal finance management with its easy-to-use interface and Smartsheet’s collaboration features.

How to set up your budget template

Setting up a budget template is easy.

1. Pick a budget template that suits you.

2. Enter your income and expenses, including fixed costs like rent and insurance.

3. Categorize your expenses into housing, utilities, transport, and food.

4. Make sure to include a section for savings and emergency funds.

What's the best way to track expenses?

The best way to track your household budget is to automate your expense management.

Shoeboxed

Shoeboxed is an expense management system and receipt tracking app that simplifies expense tracking by digitizing and organizing financial documents and receipts.

Here’s how Shoeboxed can help with expense tracking:

1. Digitizes receipts for easy access and accurate records

The first step in expense management is to track your expenses.

Shoeboxed scans and stores your receipts digitally.

To do this, photograph your receipt or document using your phone. The Shoeboxed app will upload a digital copy to your Shoeboxed account.

This gives you all your home expenses all in one place without any manual entry.

If you don’t want to do the scanning yourself, Shoeboxed offers an outsourcing option. You can mail your receipts or documents to Shoeboxed using their free pre-paid Magic Envelope. They will scan, human-verify, and upload them to your account for you.

Shoeboxed is the only receipt scanner app that will handle both your paper receipts and your digital receipts—saving customers up to 9.2 hours per week from manual data entry!

2. Auto categorizes

Shoeboxed automatically categorizes your receipts into pre-defined or tax expense categories, such as groceries, utilities, insurance, and transport.

With Shoeboxed, you can capture expenses on the go to get real-time data, stay on top of your spending, and catch trends or anomalies quickly, all while reducing manual data entry. The data is also easily accessible anytime anywhere.

Frequently asked questions

How do I get a template for home expenses?

You can create a simple Excel or Google Sheets template by setting up columns for income, expense categories, and dates. Or download pre-made templates from financial planning websites or budgeting apps.

Will an expense template save me money?

Yes! It will give you visibility of your spending so you can see where to cut back and allocate more to savings.

In conclusion

An expense template is a lifesaver for anyone who wants to manage their home expenses. It gives you a framework to track income and expenses, making it easier to make informed decisions, stay on track, and achieve your financial goals.

Whether you create your own or use a pre-made one, the key is consistency—update and review your template regularly, and you’ll always be in control of your household finances. Get started today and feel the peace of mind of being organized!

Caryl Ramsey has years of experience assisting in bookkeeping, taxes, and customer service. She uses a variety of accounting software to set up client information, reconcile accounts, code expenses, run financial reports, and prepare tax returns. She is also experienced in setting up corporations with the State Corporation Commission and the IRS and is a contributing writer to SUCCESS magazine.

About Shoeboxed!

Shoeboxed is a receipt scanning service with receipt management software that supports multiple receipt capture methods: send, scan, upload, forward, and more!

You can stuff your receipts into one of our Magic Envelopes (prepaid postage within the US). Use our receipt tracker + receipt scanner app (iPhone, iPad, and Android) to snap a picture while on the go. Auto-import receipts from Gmail. Or forward a receipt to your designated Shoeboxed email address.

Turn your receipts into data and deductibles with our expense reports that include IRS-accepted receipt images.

Join over 1 million businesses scanning & organizing receipts, creating expense reports and more—with Shoeboxed.

Try Shoeboxed today!