BUDGET FOR _____________________________
(Month/Year)
INCOME PLANNED ACTUAL
Wages/Salaries (after taxes)
Other income
Total income
EXPENSES PLANNED ACTUAL
Church donations
Savings
Food
Mortgage or rent
Utilities
Transportation
Debt payments
Insurance
Medical
Clothing
School expenses
Other
Total expenses
Income less expenses
A budget helps you plan and evaluate your expenses.
Budget for a specific period of time (such as weekly, biweekly,
monthly) according to your pay schedule.
Because income and expenses can vary from week to week, month
to month, prepare a new budget each and every week or month.
Enter all income and expenses each time you prepare a budget.
Balance income with expenses, and spend less than you earn.