Budgeting Worksheet Tip : How to Handle Irregular Income or Expenses _ One of the most difficult parts of budgeting that people tell me they struggle with is how to budget for those irregular expenses such as real estate taxes or car insurance that are due twice a year. Another difficulty is for irregular income if someone is on commission or business_related income. Most of the worksheets do not handle these irregular income or expense situations very well, making the budget inaccurate and unreliable or rely on considerable self_adjustments by the user. A really good worksheet should have the ability to handle irregular incomes and expenses with ease. Our budgeting worksheet has a Paycheck Allocator that makes this process easy_to_do and painless.
In order to track you spending you will need the following two budget worksheets: Weekly Expenses Report Worksheet _ On this worksheet you will record all the spending for a given week. You will want to have four copies of this worksheet for a given month. Carry it with you to record expenses or make a habit of recording expenses at the end of the day with your daily receipts. Make sure to include a description of the item, the date purchased, the amount and the expense category. You will also want to write down how you paid for the item whether by cash, check, or credit card. This will give you a very detailed report of your weekly spending.