By the time you finish reading this you'll have a practical plan to take the first steps to becoming debt free. Budget Worksheets lead the way! _ There a number of tools available to build free budget worksheets and choose the one that is appropriate for you. It could be a spreadsheet on the computer, a ledger book that you pick up at an office supplies store, or a piece of paper and a pencil. The important thing is that you take just six steps to life in a debt free world.
Monthly Expense Record Worksheet _ After you have filled out your weekly worksheet for a given week, you will want to transfer all spending and expenses over to the monthly expense record worksheet. It is very helpful to first fill out the weekly expenses report worksheet because people forget to record certain spending when just using the monthly expense record worksheet along. After filling out these two worksheets you will have effectively tracked your spending for the month. Using the monthly expense record worksheet, you will now have the information you need to create a working budget for next month.