Personal Budget Worksheet

Free Household Budget Form Makes Planning Easy

This personal budget worksheet is one of the best budgeting tools. Not only does it allow you to create your own categories for income and spending, it also helps you make sure you save enough each month for those expenses that occur only a few times a year.

When you are planning how to budget money, it can be frustrating to try to fit your spending habits into categories that someone else has made up. This personal budget worksheet is flexible in that it allows you to set up your own income and expense categories with descriptions that make sense to you and fit your lifestyle. Examples are provided, but you are free to set up any categories that would be helpful to you.

Since budgeting is usually done on a monthly basis, most budget calculators are designed to plan regular, monthly income and expenses. Because so many of our expenses occur monthly, it makes sense to think of it that way. But what if you get paid every two weeks? Some months you will be paid twice and others three times. How do you plan for that? Or what about those expenses that occur only a few times a year, like car insurance?

Fortunately, this personal budget worksheet easily handles these irregular income and expenses. For each income or expense category, put in the amount of each payment and the number of payments per year. The personal budget form will recalculate it to a monthly amount. This will help you to refrain from spending money that must be reserved to pay the irregular expenses.

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