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BUDGET PLAN TEMPLATE INSTRUCTIONS FY 16 Emailed Budget Plan Spreadsheet due in Budget Office: March 12, 2015, Help is just a phone call away For questions contact: Phil McGuire at 3770065 Siobhan
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How to fill out budget plan template
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Start by gathering all your financial information such as income, expenses, and savings.
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List down all your fixed expenses, like rent/mortgage, utility bills, loan payments.
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Record your variable expenses, such as groceries, entertainment, and transportation costs.
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Calculate your total income and total expenses to determine your net income.
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Decide on a realistic budget for each expense category based on your income and priorities.
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Track your actual expenses regularly and compare them with your budgeted amounts.
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Review your budget periodically to ensure it still aligns with your financial situation and goals.
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