At the end of the week, transfer all your purchases to your monthly expense record worksheet. On this worksheet, you will have a comprehensive view of all expenses for the month and how much you spent in each category such as food, household, and medical just to name a few. You will also record your monthly expenses such as utilities, car payment, credit card payments, and investments.
When most people hear about creating a monthly budget they run the other way in fear. They just don't know where to start. It certainly wasn't something that most of us where taught in school. However, it would have been more useful than some history lessons.