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Monthly Budget W O R K S H E E T Monthly IncomeREPAIRS/MAINTENANCE OTHER (TOLLS, TAXIS, RIDE SHARING, PARKING, SUBWAY, BUS)INCOME 1 INCOME 2 HOBBY INCOME INTEREST INCOME INVESTMENT INCOME CHILD SUPPORT/ALIMONY
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Start by gathering all of your financial information, such as monthly income, expenses, and savings goals.
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Once the worksheet is open, you'll see different sections or categories to fill out, such as income, expenses, and savings.
04
Begin by entering your total monthly income in the designated section. This can include your salary, freelance work, side hustles, or any other sources of income.
05
Move on to the expenses section and list all of your monthly expenses. This can include bills, groceries, transportation costs, entertainment, and any other regular expenses you have.
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Be sure to include any fixed expenses, such as rent or mortgage payments, as well as variable expenses that may change from month to month.
07
If there are any subcategories within the expenses section, break down your expenses accordingly. For example, under groceries, you could list separate line items for fruits, vegetables, and pantry supplies.
08
Determine your savings goals and allocate a portion of your income towards them. This can include emergency savings, retirement contributions, or any other financial goals you have.
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Double-check that all of your entries are accurate and reflect your actual financial situation.
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Anyone looking to create a monthly budget and stick to it, regardless of their income level or financial goals.
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