|
 Free Household Budget Worksheet
 |
| Balanced
Monthly Spending Plan for ________________________
Free household budget
worksheet (2 of 3) |
You should have
completed the
monthly budget worksheet to enable you to compare your actual spending
for the month against your net monthly income. In this worksheet,
we want to help you create a balanced spending plan.
On average, people spend 10% more than they make each month. You
can't eliminate debt, increase savings, or maximize your investments
if you are spending more than you bring in each month. This free household budget worksheet will help you create a balanced monthly spending plan so that you
can cut hidden spending, increase savings, and eliminate debt.
Print out the worksheet below and:
- List your actual
expenditures from January
(from the previous
email worksheet) in the column labeled "Spent Last Month".
-
List
your
net monthly income and the difference between what
you
spent and your net income in the "Balanced Spending
Plan Summary" table.
- Make the adjustments
necessary
for
the plan
to balance
with your income in
the column titled, "Adjusted Allocation".
- Add up the
totals from your adjusted allocations in the "Balanced Spending
Plan Summary" table.
- Subtract your
total allocations from your net monthly income. This amount should
be zero so that you have all your income allocated to a spending
category, with no overspending.
|
MONTHLY SPENDING ACCOUNTS
| MONTHLY REQUIRED
EXPENSES |
SPENT
LAST
MONTH |
ADJUSTED
ALLOCATION |
| Childcare
(Day Care) |
|
|
| Debt/Payment
To: Credit Card #1 |
|
|
| Debt/Payment
To: Credit Card #2 |
|
|
| Debt/Payment
To: Credit Card #3 |
|
|
| Debts:
Car Payment #1 |
|
|
| Debts: Car
Payment #2 |
|
|
| Debts:
Mortgage |
|
|
| Entertainment:
Cable & Internet |
|
|
| Financial
Plan: IRA |
|
|
| Insurance:
Auto |
|
|
| Insurance: Health |
|
|
| Insurance: Housing |
|
|
| Savings |
|
|
| Utilities:
Electricity |
|
|
| Utilities: Gas |
|
|
| Utilities:
Water/Sewer/Trash |
|
|
| Other
Expense #1 |
|
|
| Other Expense
#2 |
|
|
Monthly
Required Total (a): |
|
|
| MONTHLY
DISCRETIONARY
EXPENSES |
SPENT
LAST
MONTH
|
ADJUSTED
ALLOCATION
|
| Allowances: #First_name# |
|
|
| Allowances:
Spouse |
|
|
| Auto: Gas & Oil |
|
|
| Childcare
(Babysitter) |
|
|
| Clothing |
|
|
| Entertainment:
Movies & Events |
|
|
| Financial
Plan: Investments |
|
|
| Food: Dining
Out |
|
|
| Food:
Groceries |
|
|
| Utilities: Phone |
|
|
| Utilities: Mobile
Phone |
|
|
| Other
Expense #1 |
|
|
| Other Expense
#2 |
|
|
Monthly
Discretionary
Total (b):
|
|
|
PERIODIC
SPENDING ACCOUNTS
| PERIODIC
REQUIRED EXPENSES |
SPENT
LAST
MONTH
|
ADJUSTED
ALLOCATION
|
| Auto:
Registration |
|
|
| Insurance:
Homeowner's |
|
|
| Insurance: Life |
|
|
| Taxes:
Property Taxes |
|
|
| Other
Expense #1 |
|
|
| Other
Expense #2 |
|
|
Periodic
Required
Total (c):
|
|
|
| PERIODIC
DISCRETIONARY EXPENSES |
SPENT
LAST
MONTH
|
ADJUSTED
ALLOCATION
|
| Auto:
Maintenance |
|
|
| Donations |
|
|
| Financial
Plan: College Fund |
|
|
| Financial
Plan: Investments |
|
|
| Gifts: Birthday |
|
|
| Gifts:
Holiday |
|
|
| Gifts:
Other |
|
|
| Health:
Co-pay & Supplies |
|
|
| Household |
|
|
| Vacation |
|
|
| Other
Expense #1 |
|
|
| Other
Expense #2 |
|
|
Periodic
Discretionary Total (d):
|
|
|
BALANCED
SPENDING PLAN SUMMARY
| |
SPENT
LAST
MONTH |
ADJUSTED
ALLOCATION |
| Net
Monthly Income |
|
|
| Monthly
Required Total(a) |
|
|
| Monthly
Discretionary Total (b) |
|
|
| Periodic
Required Total(c) |
|
|
| Periodic
Discretionary Total (d) |
|
|
| Total
Monthly Allocations (a+b+c+d) |
|
|
Balance
(Net
Monthly Income less amounts spent or allocated)
|
|
(should be 0)
|
|
There
is an automated way to do this that will save you time and money!
Mvelopes Personal
will help you create a balanced spending plan, and it will
automatically track your spending. You will always know exactly
how much you have left to spend and how long it has to last.
Mvelopes Personal allows you to create as many budget categories
as you need, and also allows you to track spending from as
many bank accounts, credit cards, and debit cards as you
want. No more paperwork, no more math, and no more manual
data entry. Get a free 30
day trial of Mvelopes Personal today by clicking
here or visiting www.mvelopes.com.
Free Budget Worksheets - Page 3 Here 
|
Free Household Budget Worksheet - Page 1 Here
|
|
|
|
|
More About Budgeting
Notable Quotes
"The most important thing in life is to stop saying 'I wish' and start saying 'I will.' Consider nothing impossible, then treat possibilities as probabilities." ~ David Copperfield, Magician
|
FYI ...
To achieve financial freedom, ideas such as: listening to good advice, learning how to make a budget, understanding credit repair possibilities, avoiding the scams, and generally becoming more knowledgeable of the credit card business, can all play a role in eliminating credit card and other debt. Find out how to get control of your personal budget here.
DOES
BUDGETING WORK?
|
Most
People Spend 10% More Than They Make!
|
You probably know
how much money you made last month, but do you know how much
money you spent? Or do you know how much money you have left
to spend this month? If you don't you're not alone, most people
have no idea. The fact is most of us spend 10% more per month
than we make. That comes out to $431 per month based on the
average American income. No wonder the average credit card
debt is now at $8,500!
READ
MORE »
|
|
|
A
New Way To Manage Your Money |
Traditionally,
many people managed their money by dividing their cash
into several paper envelopes. An envelope for food, entertainment,
utilities etc. They then spent their money from these envelopes.
They always knew how much money they had left, and how
long it had to last. A new breakthrough in budgeting and
spending management modernizes this same envelope
concept using
advanced computer technology.
READ
MORE » |
|
|
NOTICE ...
For more information and special deals related to any of the issues on this page, place your cursor over the double-underlined links.Information is supplied by Kontera.com
|
