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in this short video Im going to show you how to make a personal budget in Excel here I have an example personal budget template and Im going to show you how I have this set up now there are budget templates in Excel but I prefer to create my own because I like to keep things simple so in my budget template I have three sections I have a section for monthly pay I have a section for expenses and then a section for what is left over after paying the expenses so each section has a header row that is bold text and Im also using a fill color just to make it stand out so at the top I have my monthly pay and then I have listed out all of my monthly expenses so what you would want to do is sum all of the monthly expenses so Im just going to sum this range and then Im going to take my monthly pay and subtract the expenses so equals this minus this and that is how to set up a simple personal budget template in Excel