Perhaps you’re interested in creating a budget for monthly business expenses or corporate projects. That’s why we created this comprehensive list of monthly budget templates. Smartsheet is a work management and automation platform that enables enterprises and teams to work better. Its pre-built personal budget template makes it even easier to create a budget, conduct monthly check-ins, and improve accountability. In this template, input your monthly budget and then track it against your monthly actual spent. With pre-set formulas in place, you will see your annual total, annual budget, and annual variance automatically calculated as you make changes to budget items. Families can benefit from it the most as the total income is generated by all the earning members of the family but it is spent on even the non-earning members, and with an increase in the number of family members, the expenditure gets more varied and the budget becomes difficult to calculate. View revenue and expense subtotals by category to see where you can make cuts, and identify any surpluses. Based on your monthly review, make changes to your budget and then wait to see what impact these have to your income and profits – by month and by year. For example, perhaps you are under-investing in marketing – adjust your budget and see what happens to your pipeline next month or over a six-month period.