When you do the math on your budget planner sheet, your income minus your expenses should equal zero. Add the planned amounts inside each box.Write in anything you don’t see a spot for.(You’ve probably noticed your online bank account is coming in real handy right now.)Īs you work through your monthly budget template: Extras-like fun money and that helpful miscellaneous line.Other essentials-like insurance and debt.Four Walls-food, utilities, housing and transportation.
When it comes to all the monthly spending you need to plan for, you’ll see the budget worksheet goes in this order: Now that you’ve planned for what’s coming in, you need to plan for what’s going out: your giving, saving (depending on what Baby Step you’re on), and spending. Now you know how much money you have to work with this month. Now, add it all up and write in your total. (We’ve got a special irregular income budget template if you need it.) You can adjust later in the month if you make more.
Because a budget is a plan for your money-you tell it where to go, so you stop wondering where the heck it went.īut if you’ve never budgeted before, or it’s been a while, jumping in can be challenging. No matter what you want to do with your money, it starts with a budget.