Free Financial Planning Templates (2024)

Business Financial Planning Templates

Business Budget Template - Excel

Download Business Budget Template

Excel | Smartsheet

This business budget template provides a mix of detailed spreadsheets and graphical data reports. You can estimate expenses, track actual expenditures, and view variances, all of which are summarized by month and visually represented in charts. This information allows you to create a comprehensive business financial plan template.

Project Budget Template - Excel

Download Project Budget Template

Excel | Smartsheet

Designed for projects, this template allows you to list costs for each task. Depending on the type of project, you may include hourly services that contract employees provide, equipment costs, or other expenses. Create an estimated budget and then compare actual expenses to help with financial planning on future projects.

12-Month Sales Forecast Template - Excel

Download 12-Month Sales Forecast Template

Excel | Smartsheet

Use this sales forecast template to create financial projections for individual products on a monthly and annual basis. You can also track sales performance over time and compare figures from previous years. Color-coded cells make it easy to view data for each month, and the template calculates monthly and annual totals.

Event Budget Template - Excel

Download Event Budget Template

Excel | Smartsheet

Whether you’re planning a conference, company party, fundraiser, or wedding, any tool that helps organize your event planning process can reduce stress and aid in creating a successful event. This budget template lists the many expenses involved in an event, from venue rentals to programming and advertising. It also compiles the data you enter into visual charts so that you can quickly get an idea of your event budget allocation.

Financial Management Plan - Word

Download Financial Management Plan

Word | Smartsheet

Create a financial strategic action plan with this Word template. You’ll find a basic outline to follow, including sections for an overview of your business or project, assumptions, risks, financial management methods, and more. Once you have created a comprehensive financial plan, use it as a living document, just like you would a business plan. You should review and update financial templates regularly in order to assess progress, provide accountability and accuracy, and ensure that it continues to meet your needs.

Financial Dashboard Template - Excel

Startup Expenses Template - Excel

‌ Download Startup Expenses Template - Excel

If you’re starting a business, this template can help you identify potential funding sources as well as necessary expenses to get your venture up and running. Similar to a budget template, you can track both estimated and actual costs, and make adjustments as needed. Identifying startup expenses can support your business planning process and help ensure that you have adequate financial resources to reach your goals.

Break-Even Analysis Template - Excel

Download Break-Even Analysis Template

Excel | Smartsheet

A break-even analysis shows when a business will meet all of its expenses and begin to reach financial profitability. To do this analysis, enter your fixed and variable expenses into the template and the pre-set formulas will calculate how much revenue a business needs to break even.

Financial Report Template - Excel

Download Financial Report Template

Excel | Smartsheet

Create an annual financial report for your business that shows key metrics in an easy-to-read format. Getting a financial overview allows you to track performance over a given time period, and a summary report simplifies communication with stakeholders. You can easily print and share this Excel template as a PDF document.

Marketing Budget Template - Excel

‌ Download Marketing Budget Template - Excel

Create a comprehensive marketing budget plan with monthly, quarterly, and annual views on one template. In the first column, you’ll find a list of marketing expenses that include public relations, social media, advertising, online content, and more. There is also a section for listing specific marketing campaigns so that you can estimate and compare costs for each.

Personal Financial Planning Templates

One-Page Financial Plan Template

Download One-Page Financial Plan Template

Excel|PDF

Individuals can also benefit from strategic financial plans. This one-page template allows you to create a personal financial plan that is concise yet comprehensive. Determine your current financial situation, create an action plan for reaching goals, and use the plan to track implementation and progress. If needed, you can include numbers for life insurance or estate planning.

Family Budget Planner Template - Excel

Financial Goals Worksheet

Download Financial Goals Worksheet

Excel| Word |PDF

Goals are only dreams unless you take steps to achieve them. Use this worksheet to clarify your top goals, identify potential roadblocks, and list actions you can take to overcome obstacles and reach your desired outcome. Goal planning can help prioritize objectives, create a realistic timeline, and provide accountability.

Personal Monthly Budget - Excel

‌ Download Personal Monthly Budget - Excel

This monthly financial planner template provides a detailed budget along with a visual summary of your data. It includes sections for listing all sources of income, different savings accounts, and all of the expenses required to meet basic needs and support your lifestyle. You can use this template to plan for each month as well as to track earnings and expenditures over time.

Investment Planning Template

Download Investment Planning Template

Word|PDF

Use this template to analyze your financial situation, assess your investment strategies, and determine investment goals. This worksheet can help clarify where to make changes in your current strategies and identify your comfort level with different approaches to investing. Even if you don’t have any investments, this template can provide a starting point for thinking about and planning your goals.

Retirement Planning Worksheet - Excel

‌ Download Retirement Planning Worksheet - Excel

This template serves as a retirement calculator and budget worksheet that you can use to plan for retirement while accounting for inflation. If you are already retired, use the template to create a weekly, monthly, or annual budget based on your current income and expenses. You may want to consult with a financial planner to ensure that you are maximizing your income and saving sufficiently for retirement, but this template provides a basic financial planning and management tool that can help kickstart the conversation.

Personal Financial Statement - Excel

‌ Download Personal Financial Statement - Excel

Determine your personal net worth with this simple yet detailed template. Enter your assets and liabilities - from cash and retirement savings to credit card debt and mortgages - and the template will automatically calculate your net worth. These details provide a quick look at your current financial standing. If you’re starting a business and seeking funding from lenders or investors, you may need to provide the information you collect in this template.

Simple Financial Template - Excel

‌ Download Simple Financial Template - Excel

If you want to create a streamlined budget, use this simple financial template to see the difference between your income and expenses. Sections are provided for an itemized list of each, and a pie chart displays the balance between the two. This template may be helpful for individuals who are building a budget for the first time, or for those without complicated finances who just want to see how much they spend each month.

College Student Budget Template - Excel

‌ Download College Student Budget Template - Excel

This template includes a list of potential expenses for college students. Use the details it reveals to determine how to pay for each item or where to cut costs. It also allows you to create a budget for each semester, weighing income against expenses to ensure that you have adequate funds. By creating a balanced budget, college students can focus on school responsibilities rather than worrying about finances, and also ensure that spending money is available for entertainment and wellness needs.

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As an enthusiast with a profound understanding of financial planning, I can attest to the importance of utilizing comprehensive tools for effective business and personal financial management. My experience in financial planning extends to various domains, including budgeting, forecasting, and strategic action planning.

Now, let's delve into the concepts introduced in the provided article:

Business Financial Planning Templates:
- Business Budget Template - Excel: This template offers detailed spreadsheets and graphical data reports. It allows estimation of expenses, tracking of actual expenditures, and visualization of variances, all summarized monthly with charts.
- Project Budget Template - Excel: Tailored for projects, this template lists costs for each task, including hourly services, equipment costs, and other expenses. It aids in creating estimated budgets and comparing them with actual expenses for future financial planning.
- 12-Month Sales Forecast Template - Excel: Designed for individual product financial projections on a monthly and annual basis. Color-coded cells and visual charts facilitate tracking sales performance over time.
- Event Budget Template - Excel: Ideal for organizing events, this template lists expenses from venue rentals to programming. It compiles data into visual charts, offering a quick overview of event budget allocation.
- Financial Management Plan - Word: A Word template for creating a financial strategic action plan. It includes sections for business/project overview, assumptions, risks, financial management methods, etc.
- Financial Dashboard Template - Excel: Provides a summary report with a dashboard view, utilizing bar charts, a pie chart, and a graph to compare financial statistics over time.
- Startup Expenses Template - Excel: Helps identify funding sources and necessary expenses for starting a business. It allows tracking both estimated and actual costs, supporting the business planning process.
- Break-Even Analysis Template - Excel: Calculates when a business will meet expenses and become profitable. It requires entering fixed and variable expenses to determine the revenue needed to break even.
- Financial Report Template - Excel: Creates an annual financial report for businesses, simplifying communication with stakeholders through key metrics presented in an easy-to-read format.
- Marketing Budget Template - Excel: Offers a comprehensive marketing budget plan with monthly, quarterly, and annual views. It includes sections for various marketing expenses and specific campaigns.
Personal Financial Planning Templates:
- One-Page Financial Plan Template - Excel | PDF: Enables individuals to create a concise yet comprehensive personal financial plan, including current financial situation, action plan, and tracking implementation.
- Family Budget Planner Template - Excel: Helps families track household expenses and create a monthly balanced budget. It includes categories for common expenses and a section for savings.
- Financial Goals Worksheet - Excel | Word | PDF: Aids in clarifying top goals, identifying roadblocks, and listing actions to achieve financial objectives. Goal planning helps prioritize and create a realistic timeline.
- Personal Monthly Budget - Excel: Provides a detailed monthly budget with a visual summary of income, savings, and expenses. It aids in planning for each month and tracking financial data over time.
- Investment Planning Template - Word | PDF: Analyzes financial situations, assesses investment strategies, and determines investment goals. Useful for planning and identifying comfort levels with different approaches to investing.
- Retirement Planning Worksheet - Excel: Serves as a retirement calculator and budget worksheet, helping plan for retirement while considering inflation and managing weekly, monthly, or annual budgets.
- Personal Financial Statement - Excel: Determines personal net worth by entering assets and liabilities, providing a quick look at the current financial standing. Useful for business funding applications.
- Simple Financial Template - Excel: Creates a streamlined budget with sections for income and expenses, displaying the balance through a pie chart. Ideal for individuals with straightforward finances.
- College Student Budget Template - Excel: Tailored for college students, it includes potential expenses, helping create a balanced budget for each semester.

In conclusion, these templates cover a wide range of financial planning aspects, from business budgets to personal financial goals. The Smartsheet platform is also highlighted as a tool to improve financial planning with work management capabilities.