Freelancer Budget
Prepared By: [Your Name]
1. Income
Project/Client | Expected Income | Actual Income | Due Date | Status |
|---|
Project A | $1,500 | $1,500 | 15th Jan | Received |
Client B Retainer | $2,000 | $1,500 | 31st Jan | Pending |
Ad-Hoc Work C | $500 | $400 | 10th Jan | Received |
Total Expected Income: $4,000
Total Actual Income: $3,400
2. Fixed Expenses
Category | Budgeted Amount | Actual Amount | Payment Due | Notes |
|---|
Software Subscriptions | $100 | $100 | 5th Jan | Adobe, Canva |
Internet & Utilities | $50 | $50 | 15th Jan | Home Office |
Health Insurance | $200 | $200 | 1st Jan | Freelancer Plan |
Rent (Co-working) | $300 | $300 | 31st Jan | Shared Space |
Total Fixed Expenses: $650
3. Variable Expenses
Category | Budgeted Amount | Actual Amount | Notes |
|---|
Marketing/Advertising | $100 | $75 | Social Media Promotions |
Travel | $150 | $200 | Client Meetings |
Office Supplies | $50 | $45 | Paper, Printer Ink |
Total Variable Expenses: $320
4. Savings
Goal | Amount Set Aside | Goal Amount | Progress |
|---|
Emergency Fund | $500 | $5,000 | 10% of Goal Achieved |
Retirement | $200 | $50,000 | Long-term |
Professional Growth | $100 | $1,000 | Online Courses, Events |
Total Savings: $800
5. Summary
Metric | Amount |
|---|
Total Income | $3,400 |
Total Expenses | $970 |
Savings | $800 |
Profit/Loss | $1,630 |
6. Notes & Adjustments
Increase marketing budget next month due to good ROI.
Renegotiate payment timelines with Client B to avoid delays.
Evaluate health insurance alternatives to lower costs.
Budget Templates @ Template.net
