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.
Second, and more importantly, this method doesn't provide any real guidance on what to do with money as it comes in. You're left to try to figure it out as you go. Mistakes are made...frustration sets it... you give up. That's because your budgeting worksheets are missing the most crucial part of any budget _ the spending plan.