Expense tracker template

A budget is a plan; an expense tracker is the record. Start from the categories below, set what you expect to spend in each, and download the worksheet — then fill in what actually happened as the month goes.

$
Needstarget 50%
$2,280

57.0% of income — 7.0pt over

Wantstarget 30%
$640

16.0% of income

Savingstarget 20%
$750

18.8% of income

Total allocated$3,670
Left to allocate$330

$330 is unassigned. Give it a job — most people move it to savings.

Take it with you

Nothing you type here is sent anywhere — the budget is built in your browser and leaves only when you export it.

Set this budget up in Wally

Wally is a free budgeting app for iOS and Android. Create these categories in the app and it tracks your spending against each one — including the 50/30/20 split above.

Rent / mortgage$1,300Groceries$450Utilities$180Transport$220Phone & internet$130Eating out$260Entertainment$140Shopping$180Subscriptions$60Emergency fund$350Savings goal$250Debt repayment$150

Already have transactions in a spreadsheet or an old app? Import them with the CSV template — that file is for transaction history, separate from the budget plan above.

How to use it in Expense tracker

  1. Set your monthly income and list the categories you actually spend in — rename anything that does not fit.
  2. Download the worksheet as a spreadsheet file.
  3. Add a column for what you actually spent next to the planned column, and fill it in weekly.
  4. At the end of the month, compare the two columns. The gaps are where next month’s budget needs to change.

What you get

Four columns — the category, the group it belongs to (needs, wants or savings), the amount you planned, and what share of your take-home pay that is. Income sits at the top; the total allocated and what is left over sit at the bottom. Nothing is locked, so rename or delete anything once it is yours.

Prefer a different format? Start from the budget template hub and pick the one you want.

Frequently asked questions

What is the difference between a budget template and an expense tracker?

A budget template is a plan made before the month starts — how much you intend to spend in each category. An expense tracker is the record of what actually happened. Most people need both, which is why this worksheet has a planned column you fill in now and space for an actual column you fill in as you go.

Is this income and expense worksheet free?

Yes — free, with no signup and no email required. Build it on this page and download it.

How often should I update an expense tracker?

Weekly is enough for most people, and it is far more sustainable than daily. The point is to catch a category running over while there is still time to do something about it — not to log every coffee within the hour.

Is there an app that does this automatically?

Wally is a free budgeting app for iOS and Android that tracks spending against category budgets for you. It does not connect to your bank — you add transactions manually or import them from a CSV — which is why some people prefer it.

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