If you want to check how much money you have spent each month, try to use budget worksheets. Not only knowing the money we have spent, but we can also use that information in order to plan the budget for next month. Some expenses are monthly expenses and the others do not occur each month. You can put the expenses that come less often in the category of “this month’s other expenses.”
Budget worksheets have various styles. Basically, an expense and income worksheet will contain information about start balance, account, date, description, category, income, expense, and balance. Another kind of budget worksheet includes a section to make a budget. A budget worksheet for teens commonly contains spaces for the lists of your incomes, expenses as well as long-term and short-term financial goals.
Creating a budget worksheet that matches your goals and lifestyles, might be a challenging thing to do for some people. Newly married couples who are not used to managing and budgeting their income may wonder where their money is going. Therefore, you can start budgeting by using printable budget worksheet templates available on this website. You will be able to download them easily and also for free. These templates are available in Ms. Excel files and PDF files. Let’s keep your finances on track so you will also be able to know where your money goes each month. The budget worksheet can help you to control your own financial future.
Contents
How to Make a Budget Worksheet?
There are several steps that you need to do when trying to make a budget sheet. First, you have to know your income. Secondly, you have to track your spending. After that, you must set your goals. Then, in order to successfully reach your goal, you should make a plan. When it is necessary, you can also do some adjustments to your habits. Last but not least, you must keep checking in.
How to Fill a Budget Sheet?
You can follow the following steps to fill out your budget worksheet. The first thing that you can do is pick your budget worksheet and the budget duration. Then, you can gather up your income and resources information. Remember to also gather the expense categories (spending and bills). The next step is to fill in the savings, debts, and investing amounts. After that, you can do subtraction to make sure that you are positive. If you are not happy with the result or when it is necessary, you can always rework the budget worksheet. Do not forget to keep an eye on the percentages.
What Does It Mean by 50/30/20 budget rule?
This is a simple and easy budgeting method that you can do to help you manage the money more sustainably, simply, and effectively. The basis of this rule is dividing the monthly after-tax income into three categories of expenses, namely 50 percent for your needs, 30 percent for what you want, and 20 percent is for your savings or for paying off your debts.
What Should Be Done If The Bill Was Higher Than You Expected?
First, you have to look for the cause of this problem. If the matter is that you often overspend when shopping at the grocery store, you can start to consider using the cash envelope system so that you will be able to stay within your budget. If the cause is that your electric bill is higher than you have anticipated, try to cut back the energy use. You can learn about your spending habits each month.
Several Printable Budget Worksheet Templates For You To Download
Below are various kinds of budget worksheet templates that are easy to download, free, and also printable.
Budget Bill Pay Checklist
In order to be able to track the bills that you have paid, you can use the budget bill pay checklist template available on this page. You can get the templates for free from this website.
Financial Budget Snapshot
If you want to track your account balances, bills, and financial goals on one page, try to use these financial budget snapshot templates. Get the free templates from this website now.
Financial Fitness Check Budget Template
When you feel that it is time for you to improve your financial fitness, these financial fitness check budget templates will surely be able to help you with that. You can get these templates for free from this page.
Income and Expense Budget Tracker
You can use these income and expense budget tracker templates for your personal use as well as for your business use. Download and use these templates so that you can keep your financial goals.
Make Budget Worksheet
If you want to know how much you have spent, you can use this make budget worksheet template. It is free, printable, and easy to download.
Monthly Budget Worksheet
Getting control of monthly living expenses can be challenging for some people. Try to use the monthly budget worksheet available on this page that you can download for free.
My Monthly Budget and Financial Future
Having financial literacy is important to be able to set financial goals. In order to assist you in planning your financial goals and futures, you can consider using my monthly budget and financial future template. Get the template for free from this page and you can print it as many times as you want.
Pink and Green Household Budget
Some people might feel more motivated in planning their budgets. Therefore, this page offers pink and green household budget templates that include a motivational quote.
Really Simple Budget
Making a budget sheet can be complicated for some people, especially the ones who try to make it for the first time. This really simple budget template will be able to help you when making a budget sheet.
Simple Blue Household Budget
This page offers a simple budget sheet that you might like. This simple blue household budget template can be downloaded for free and also printable.
