Budget Worksheet Template

BUDGET FOR _____________________________

(Month/Year)

PLANNED

ACTUAL

INCOME

Wages/Salaries (after taxes)

Other income

Total income

PLANNED

ACTUAL

EXPENSES

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.

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Parent category: Financial