Managing finances worksheet

07.12.2017

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Though the word budget has taken on a more negative connotation over the years invoking an image of pinching pennies or limited spending, a personal or household budget is an itemized list of expected income and expenses that helps you to plan for how your money will be spent or saved as well as track your actual spending habits. A budget is really just a tool, to gain better and more managing finances worksheet insight into your spending habits.

And a great tool at that — “Can I afford it? An accurate budget will also help you to answer that ever elusive question, how to Use Your Monthly Budget Worksheet  Below is a worksheet that attempts to list possible sources of monthly income as well as expenses. As everyone’s financial situation is different, you may find that not every category is applicable to your income or spending.

You may even find that some months are different than others, but you should find through going through this exercise you are better prepared for those changes and even accounting for unanticipated expenses. Though a monthly budget is generally the most reasonable timeframe for which to set up an initial personal or household budget; there are many sources of income and expenses that do not perfectly follow a monthly schedule.

You may receive a paycheck every week or two weeks, not once a month. In that case – you will want to calculate how that adds up over one month’s time and write that in the appropriate row and column. Theses should be your best; you may also have certain expected or even recurring expenses that occur more or less often than monthly. Should a certain category not apply to you, 12 in order to find the “monthly” expense.

managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet
managing finances worksheet