The purpose of a budget worksheet is to help align your earnings and spending with your savings and financial goals. A budget worksheet gives you a solid, workable plan to reach your goals, whether that is saving for retirement, a vacation, or a child's college fund _ Because here is the catch: next time you hear yourself saying "I wish I had more money" ask yourself what are you doing about it. Most people don't have an answer to that question, so they spend their time wishing. Over and over, the statement is said with no action.
When you start working with making a household budget it is extremely important to track your spending and all your expense both on a weekly and monthly basis. Many people dread tracking their expenses and recording every receipt but this is by far the best way to gain control over your spending. There is always a huge gap between what people think they spend and what they actually spend each month. So, tracking your spending is the only way to establish a working budget.