Budgeting Worksheet Tip : Find a Budgeting Worksheet with all the Categories You Need _ Nothing can be more frustrating when you're working on your monthly budget than to run out of budget categories as you're grinding through numbers. Trying to decide where to put an expense can be very frustrating. When choosing your budgeting worksheets, look for some major main categories of expenses with the flexibility to add more detailed line items underneath. For example, major budgeting categories include:
Worksheet _ Repayment of Debt Worksheet _ You will need one of these worksheets for each creditor you have. Each month when you make a payment, you will record it on this worksheet and bring down the balance after each payment has been made. Worksheet _ Monthly Financial Report _ On your monthly financial report is where you will enter your income and all your expenses for the month. By filling out this worksheet correctly you will find out if you are operating your household budget in the black or the red. Worksheet _ Monthly Budget Worksheet _ Now that you have filled out your monthly financial report you can work on your monthly budget. You can see where you can cut expenses in order to run your household with money left over at the end of the month.