money management including reducing your debts · 2020-06-09 · money management including...
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Monthly Household Budget BLANK FORM
INCOME Budget Actual Difference
[42
] BUDGET SUMMARY Budget Actual Difference
Net income # 1
Total Income
Net income # 2 -
Total Expenses
Net income # 3 -
NET
Tips or Commissions - Step 1 - create a budget using this template
Interest or Dividends - Step 2 - determine if any expenses can be eliminated, cut or consolidated
Transfer from Savings - Step 3 - try to match income with what expenses it will be used to pay
Other: - Step 4 - try to allocate a small allowance to yourself for personal expenses
Other: - Step 5 - try to grow emergency expense account for unexpected expenses
Total INCOME Step 6 - set-up separate account for grocery & household or other periodic expenses
Step 7 -track and compare actual to make adjustments if necessary
HOME EXPENSES Budget Actual Difference SAVINGS Budget Actual Difference
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