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.
First, when it comes to a budget you have to have an idea of what amount of money you are going to make each year, month, week, and even day in some cases. You also have to know how to properly use extra money that was not figured into your budget. It is always better to figure on making less and spending more than making more and spending less. Second, if you struggle with budgeting, then using budgeting worksheets might help you. These can be printed out or just kept on your computer if you prefer. Most of the budgeting worksheets that are out there will break everything down into the categories for the bills that you need to pay. This is very helpful and will allow you to stick to the budget you set up for yourself.