Monthly Budget Worksheet _ Once you complete the monthly financial report for the past month, you are ready to create your monthly budget for next month using a monthly budget worksheet. On this worksheet you will record all your monthly bills, including the amounts and the due dates. You will also allow a certain amount of money for all other expense categories based on your previous monthly financial report. If you operated last month in the red, you will want to look at where you can cut your spending this month so you have a balanced budget with a little excess at the end of the month _ So, as you can see, creating a monthly budget is pretty simple if you use these three must_have budget worksheets. It takes some time and work but living within your means is such a great feeling.
Finally, you need to total that last column so that you can reconcile it with your bank account. IMAGE NOT AVAILABLE HERE This amount should always equal your bank account precisely. If it is then you're doing well.If it doesn't then you know you've missed some source of income or some expenses haven't been included in the "Used" column yet. Age: 33 Married with 4 children. My Qualifications. Bachelor in Business _ (Double Major in Accounting & Marketing from Edith Cowan University) Working as a College Bursar with over Ūm in annual revenue. My Story I first got excited about business and money when I was about 18 when my father introduced me to a network marketing scheme called Omegatrend. It was an off_shoot from the US' Amway. I worked every available moment trying to make this work for the next 3 years to no avail and finally decided to get a life when I met my wife to be.