Utilities: You can’t ignore the different utility costs including water, electricity, gas, sewage, internet connection, phone, and even your HVAC. And this is where you record your transportation budget such as a car payment, gas, automotive maintenance, parking fee, and public transportation. It could be from going to work, shopping for food, to seeing a doctor. Transportation: No matter what you do in a month, it’s expected that you will have to go somewhere from your house to another destination. Those are already considered non-essential. But, not all foods are considered basic especially if you opt for gourmet or expensive food and drinks. You can distribute at least 10–15% of your expenses to this from food delivery, grocery shopping, work lunch, to dining in at a restaurant. Food: You can’t forget the most basic need which is food for you or for whoever lives with you. Hence, this takes a large portion of your budget. Generally, 25–35% of your monthly expenses go to housing including the house rental, mortgage, property tax, HOA cost, and overall home maintenance expenses. Housing: House expenses refer to any payment related to maintaining your house. But if you need help on what the basic budget categories are for your document, here are ten examples: You can make it as your monthly expenses at work, a family expense worksheet, or any other example. There is no denying that a monthly budget worksheet doesn’t have to be a one-document-fits-all type of document. The Standard Categories of a Monthly Budget Worksheet An example is to also make worksheets for your daily budget, weekly budget, and more. The best part is you can personalize your budget worksheet so you may opt for a simple budget planner to a more hybrid budget worksheet. As long as you keep documenting your monthly budget, rest assured, various questions like “How did my small business income go to zero that fast?” will be traced shortly. Thankfully, monthly expense sheets bring you a more visual or tabular result so it is easy to navigate all sorts of expenses you recorded.Īlso, monthly budget worksheets can answer your essential financial questions. But the reality is you were inconsistent with the amount of savings you added to your account and you have not considered what other expenses you have that caused the savings amount to be low. Maybe you come across a point where you are consistent with adding savings in your bank account per month but you still have not saved the amount you want at all. As a start, it is very important so you can track your monthly spending and plan for future expenditures. Why Are Monthly Budget Worksheets Important?Ī budget worksheet makes anyone’s life easier. Treat this editable tool as your professional or personal finance planner until you can leverage money with a purpose such as boosting your savings, paying bills on time, and living a happier life.Īccording to N26, one of the easiest budgeting methods is the 50/30/20 rule-50% on your needs, 30% on your wants, and 20% on your savings or debt payments. And you are guaranteed to make budget management a lot easier, especially if you know how the budget worksheet works. Much like a monthly budget plan, you can use the worksheet to calculate your monthly finances, categorize each type of budget, or check how much money you have distributed. Personal Monthly Budget Template download nowĪ monthly budget worksheet is basically your ultimate tool in planning, organizing, tracking, and managing your expenses for the whole month. Monthly Retirement Budget Worksheet download now.Monthly Budget Statement Worksheet Template download now.Monthly Health Budget Worksheet download now.Monthly Budget Planner Worksheet Template download now.Basic Monthly Expenses Budget Worksheet download now.Financial and Monthly Budget Worksheet Template download now.Simple Monthly Budget Worksheet download now.Monthly Budget Expense Worksheet download now.Your Monthly Budget Worksheets download now.Standard Budget Worksheet Template download now.Monthly and Annual Budget Worksheet Template download now.Monthly Income Budget Worksheet download now.Monthly Budget Sheet Example download now.Retirement Budget Worksheet download now.Monthly Home Budget Worksheet download now.Basic Monthly Budget Worksheet Template download now.Monthly Budget Worksheet Example download now.Sample Monthly Budget Worksheet download now.Monthly Household Budget Worksheet download now.
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