- The total budgeted amount is $3,813.00.
- The total amount spent is $3,080.72.
- The amount left to budget is $312.00.
- The amount left to spend is $1,044.28.
- Variable expenses totaled $424.72 (actual), with $312.00 remaining from the $500.00 budgeted for groceries and other variable categories.
- Bills totaled $377.00 (actual), under the $433.00 budgeted.
- Debt payments totaled $2,000.00 (actual), matching the $2,000.00 budgeted.
- Savings are shown as 13.0% of total expenses, with actual savings of $400.00 (calculated as Total Budgeted - Total Spent - Left to Spend = $3,813.00 - $3,080.72 - $1,044.28, but this does not match; instead, savings are likely derived from income minus all expenses, which is not fully visible).
- Income is not directly stated but can be inferred as approximately $4,125.00 (Total Spent + Left to Spend + Savings, assuming no other categories).
Parent Tip: Review the logic above to help your child master the concept of free budget spreadsheet.
