How to create a Free Monthly Budget Planner

Here is an easy way to manage your finances by creating a free monthly budget planner. These free budget worksheets are printable making them both user friendly and versatile.

Difficulty: Moderate

Instructions

Things You'll Need:

• laptop or home computer
• financial software like Microsoft Money
• calculator
• printer
• debts, income

1. If you have a home desktop PC, mac or personal notebook, you may access for free or can download a management software such as Microsoft Money to help design your free printable budget monthly planner worksheets.

2. Design your printable budget planner worksheets around 6 main categories:
   1. Total Monthly Gross Income
   2. Monthly Housing Expenses
   3. Monthly Car Expenses
   4. Monthly Debts
   5. Monthly Family Miscellaneous Expenses
   6. Total Net Monthly Income (free income available)

3. Household expenses should include rent or mortgage, property and casualty, payments, utilities, taxes, and any household repairs.

4. Automotive expenses include car loans, gasoline, auto insurance, and maintenance make up the next category on your budget worksheets.

5. Debts should include any credit loans and monthly balance you choose to pay make up the next worksheets category

6. Next list any Miscellaneous expenses are any other expenses such as:
   -childcare/school
   -clothing, groceries
   -family entertainment, cable, videos, newspaper, magazines
   -medical, vet
   -clubs, association dues
   -investments, life insurance
   -vacation, gifts for holidays
   -haircuts, nails, etc.

7. Figure total monthly income at top of your free monthly budget planner, then total your monthly expenses for each category, and subtract to get your net income balance at the bottom.

Tips & Warnings

• Always round up when estimating your monthly expenses
• Get your budget planner categories completed first and list as many as you can think of under miscellaneous before writing your own expenses in.
• Divide budget sheets in 2 if paid bi-weekly or 4 if every week to help determine your payment schedules
• Always include a category under miscellaneous for emergency or liquid expenses and decide how much you can free up each month to add to this fund

Resources

• Barbie Collectors
• BUDGET PLANNER
• Printable Budget Resources
• Budget Sheets on eBay