Budgeting Worksheet Tip : Your Personal Cash Flow Analysis _ A fully functional budgeting worksheet should calculate your monthly cash flow analysis so that you can determine if you are overspending based on your income on a monthly basis. In order to determine your cash flow for the month, you will need to provide your monthly income information. A good worksheet should do all the math for you, generate a meaningful chart or two so that you can quickly see the areas in your budget that need to be improved upon. If you are over spending, you will need to adjust. If you are under spending, start saving towards your goals!
Worksheet _ Repayment of Debt Worksheet _ You will need one of these worksheets for each creditor you have. Each month when you make a payment, you will record it on this worksheet and bring down the balance after each payment has been made. Worksheet _ Monthly Financial Report _ On your monthly financial report is where you will enter your income and all your expenses for the month. By filling out this worksheet correctly you will find out if you are operating your household budget in the black or the red. Worksheet _ Monthly Budget Worksheet _ Now that you have filled out your monthly financial report you can work on your monthly budget. You can see where you can cut expenses in order to run your household with money left over at the end of the month.